Displaying items by tag: retirement
Wednesday, 29 May 2019 12:35
Workers expect to carry on past their 68th birthday
New research from AIG has revealed workers expect to be physically capable of doing their jobs until past their 68th birthday, beyond the age they can start claiming the State Pension even when it is extended to 67 by 2028.
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Monday, 15 April 2019 11:18
Fears over Halloween Brexit ‘nightmare’ for pensions
Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell.
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Friday, 12 April 2019 11:52
12,000 savers lose lifetime allowance protection
Thousands of pension savers have breached lifetime allowance ‘protections’ in the past 12 years, potentially landing themselves with tax bills running into hundreds of thousands of pounds.
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Wednesday, 10 April 2019 08:00
Elaine Turtle: Happy New (Tax) Year
Before you think you are reading an old article, I am of course referring to the start of the new tax year.
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Monday, 08 April 2019 09:37
Increase in auto-enrolment cushioned by tax changes
Pension savers will now be putting away more in their pots as part of an increase in auto-enrolment minimum contributions from 5% of qualifying earnings to 8%.
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Friday, 05 April 2019 12:36
Experts react to Government green light for Pensions Dashboard
The Government’s consultation on the proposed Pensions Dashboard has concluded and the report, published yesterday, pledged primary legislation to make it a reality.
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Monday, 11 March 2019 10:27
Elaine Turtle: SIPPs 30 years on…
It doesn't seem possible that it is 30 years since the then Chancellor of the Exchequer, Nigel Lawson, stood to deliver his Budget on 14 March 1989. The immortal words ‘I propose to make it easier for people in personal pension schemes to manage their own investments’ led to what is now the self invested pensions (SIPP).
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Friday, 15 February 2019 10:32
Elaine Turtle: Retirement Outcomes Review
We recently saw the Financial Conduct Authority (FCA) issue a policy statement in response to the consultation it carried out in June 2018 on retirement outcomes. As part of the consultation exercise, the FCA engaged with SIPP providers and the industry body AMPS, among others.
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Monday, 14 January 2019 11:25
Millennials saving up to a fifth of earnings for retirement
Despite a reputation for squandering cash on smashed avocado and expensive coffees, Millennials are saving more of their income than the next oldest generation of workers, a new survey has revealed.
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Thursday, 10 January 2019 09:53
Elaine Turtle: 2019 – the year of the property
As the last of the mince pies are eaten and the decorations all taken down, thoughts turn to what 2019 will bring for the SIPP market. While SIPPs received a lot of negative attention in 2018, advisers and their clients still see the benefits of investing in this tax efficient way.
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