The new state pension is much simpler and increases the basic pension from around £120pw to £155pw, but not everyone is set to benefit.
Pensions
Retirement Plans on Hold
A third of people aged over 50 who are employed in the private sector are putting their retirement plans on hold a recent report reveals.
Pension Tax Relief • How long to fill the black hole?
Before the March 2016 Budget there had been much speculation that the Chancellor was planning big changes to the tax relief on pensions.
Pension Freedoms queries rise 913%
Google searches for the term “pension freedoms” increased over 900% in 2015 as the Government introduced more flexibility for pensioners.
Four key things to do before the end of the tax year
It’s a good idea to start thinking about the most important things to do before 5th April arrives and the tax year ends
Is this the end of the pension?
Do prospective changes to how pensions are taxed spell the end of the pension?
Pension tax changes: Should you pay more before relief rates are curtailed?
Recent comment from George Osborne it looks like pension tax is set for a shake-up in 2016. Is there an potential opportunity while the good times last?
An Income Drawdown Success Story
Depledge delivered performance during very difficult market conditions over a prolonged period for our clients, as this income drawdown success story demonstrates.
Ten New Year’s Resolutions for your financial planning
“Sort the finances out” is a popular New Year’s Resolution, but that’s a little vague. So we look at 10 resolutions you can make and stick to.
What does the New Year hold for you?
With reports suggesting most of the UK economic indicators are moving in the right direction, it doesn’t mean we can suddenly afford to ignore our personal financial planning.