What could Scottish independence mean for your pension?
The Scottish government has published details of how independence could affect pensions and other finances.

If Scotland voted ‘yes’ to Scottish independence, what could it mean for state pensions? Would you receive more if Scotland was independent? Over the last few weeks I’ve received a number of emails about Scottish independence from women who would like to know how it could affect them financially. The truth is that we don’t know what will happen, but here's what we know so far.

More »

26-11-2013
18-08-2014
1
 
 
Pension Credit: what are you entitled to?
If you’ve reached state pension age and are on a low income, you may be able to claim Pension Credit

I’ve had a couple of emails about Pension Credit recently, from women who’d like to know if they’re able to claim it. Pension Guarantee Credit is available to you if you’re on a low income and have reached state pension age, and Savings Credit is paid when you reach 65. Figures from Age UK show that one in three people who are entitled to Pension Credit don’t claim it.

More »

23-09-2013
18-08-2014
1
 
 
How to reduce your tax bill when you take money out of your pension after April 2015
You will be able to take money directly from your pension – but make sure you don’t get a large tax bill

Pension changes announced in the Budget (2014) mean that millions of people will be able to take money directly out of their pension in the future. The changes affect anyone who’s got a pension ‘pot’ (ie a pension that’s not linked to your salary). But what about tax? How much will you have to pay and how can you reduce your tax bill?

More »

09-08-2014
09-08-2014
1
 
 
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

 
The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice.
You should always obtain independent financial advice.