10 tips to help you get the most from pensions and retirement saving
The Pensions Advisory Service - a free to use resource - has 'ten golden rules to pensions saving'

We all know that most of us aren’t saving enough for retirement, and research shows that women are generally saving less than men. Now a new initiative organised by The Pensions Advisory Service, which is a free to use pensions information service, aims to find out how women feel about pensions and retirement and also includes a useful guide for women. I’ve looked at the guide’s ten ‘golden rules’.

More »

05-09-2013
05-09-2013
0
 
 
Early pension release or unlocking; what are the risks?
If you want to cash in your pension early (before you're 55), be aware that you could lose all of it.

Recently I’ve been getting a number of emails from women who want to know if they can cash in their pension to pay bills or to pay off a mortgage. Under the rules, the earliest you access your pension is the age of 55. But the Financial Services Authority, the Pensions Regulator and HM Revenue and Customs are warning about companies that say they can help you access part of your pension before you’re 55. They say some may be scams and others are likely to be illegal.

More »

01-03-2012
09-03-2013
6
 
 
Tax relief is a free ‘top up’ to your pension from the government. How does it work?
If you don’t understand how ‘tax relief’ works on pensions you’re not alone. But it’s worth knowing about

There’s lots of research around which shows that more women than men tend to be put off pensions by the complex rules and jargon. It’s not that pensions are too complicated for us to understand, it’s just that the complexity can be - well - a bit alienating. One of the phrases that’s bandied about but not always understood is ‘tax relief’. Basic rate taxpayers can pay £80 into their pension and get another £20 from the government. Higher rate taxpayers get even more.

More »

11-06-2012
09-03-2012
0
 
 
1 2 3 4

 
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.