Articles and News

27Mar

Is your final salary pension scheme under-funded?

Is your final salary pension scheme under-funded?

With final salary pension schemes traditionally offering a promising level of savings for retirement, moving away from them and into money purchase schemes has normally been seen as an unattractive proposition.

Posted in Retirement Planning

25Mar

Should you part-exchange your ISA for a better result?

Should you part-exchange your ISA for a better result?
In a recent test, Standard Life put the ‘all new’ 2015 pension and the recently modified New ISA head to head, to see which would come out top in a £0 – £60,000 performance shoot-out and which one would prove the best for inheritance purposes.

Posted in Investments

26Mar

Scrapped regulation and enforcement benefiting ‘one million businesses’

Scrapped regulation and enforcement benefiting ‘one million businesses’
According to the Department for Business, Innovation and Skills (BIS), the Focus on Enforcement review programme, which asks firms to identify poor enforcement practices that hold them back, has benefitted around one million businesses and boosted growth in 9 vital sectors of the economy. The BIS states that this builds on government action to scrap or reform regulatory rules which has saved firms some £10 billion over this Parliament.

Posted in Business planning

24Mar

Annuity or State Pension top-up?

Annuity or State Pension top-up?
Hymans Robertson, the independent pensions and risk consultancy, says that as a consequence of the retirement revolution from April 2015, current retirees and those retiring before 2016 will have the opportunity to buy additional State Pension before the flat rate State Pension is introduced in April 2016. For some, it could cost much less to secure additional lifetime annual income this way than through buying an open market annuity. Up to 12 million people will be eligible.

Posted in Retirement Planning