Lots of people are worried about the potential tax rises that could be announced in the upcoming Budget on 30th October 2024. The government is coming for your wealth and therefore we are all searching for hints of what might be put out. One of the most insightful...
A question that I keep getting asked right now is, should I take my pension tax free cash? The rumours are rife that Labour may do something with pensions when their first Budget comes round on the 30th October 2024. We know they plan to raise money from somewhere...
When you decide the time is right to begin claiming your defined benefit pension you will usually be presented with at least two choices, take the maximum income available or a lump sum option and lower income. This is not a decision that should be taken lightly as...
I was sitting with a client the other day who is about to retire aged 55. For the next 17 years he is planning to use his personal pension as a source of income until his State Pension starts. We were going through the different ways he can make withdrawals from his...
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