pensions

State Pension Top Up Scheme Starts

State Pension Top Up Scheme Starts From tomorrow (12 October 2015), a new scheme is being launched helping anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security.

Consultation on Pension Exit Charges

Consultation on Pension Exit Charges The Treasury is launching an immediate consultation and online survey to look at whether exit charges could be cut or capped for those looking to access their pensions early,

Tax Changes 6 April 2015

Tax Changes 6 April 2015 The following tax changes come into effect today (Monday 6 April 2015): Individuals over the age of 55 have flexible access to their defined contribution pension savings. The Income Tax Personal Allowance increases to £10,600.

Pension Changes April 2015

Pension Changes April 2015 The landmark legislation passed today will create the opportunity for workers to save into plans – known as Defined Ambition – which will offer them a promise about some of the benefits they will receive.

Pension Tips for Teenagers

Pension Tips for Teenagers An optimistic expectation of an £800 a week State Pension is an example of why teenagers soon to enter the world of work need a wake-up call about the importance of saving for old age.

What is Auto Enrolment into Pension Schemes?

What is Auto Enrolment into Pension Schemes? Money for nothing? Not something you hear offered every day, but the Government’s new law means that all employers will soon be legally responsible to enrol their staff onto a workplace pension scheme.