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New Pension Exemptions to Stimulate Your Earnings Post Retirement

The last budget announced some new pension freedoms as the good news. People approaching retirement can plan cleverly and make good use of these exemptions to boost their earnings post retirement. Though the method may seem simple, but the implementation is not. People can also take it as a warning, and consult their financial advisors […]

New Rules to Define the Pension Tax

Pensioners in the UK have survived serious pension threats with frozen pension. At times, it seemed as if the professionals are moving toward no retirement era facing severe pension crisis. Besides the frozen pensions, there have been problem in transferring funds with a protected level of tax-free cash to pension scheme of another company. The […]

Pension Freedom with Tax Exemption

Retirees, who work hard to save from earnings and make a handsome pension pot, feel like a kick on their mouth when asked to pay a big sum as tax on retirement. Before 2006, savers could boost the tax free cash, thanks to little quirks related to frozen pensions, but the rules toughened later. Even […]

The Expatriate Frozen Pension Battle

There are many expat pensioners with frozen pension as per the reports from the country of their residence. Studies and surveys have showed that more than 23 percent people within 45 to 65 year old age bracket would consider moving after retirement provided that the freeze is lifted.  However, they find it hard to join […]

Financial Planning for Later Life

Have you ever thought what would happen to you in older years after retirement? If not, then you are not the single person missing out focus on this life-changing decision. We all need care in later life, and it has to be planned now. Financial preparation for retirement needs you to think early to ensure […]

The Pension Crisis – Are You Moving Toward No Retirement?

According to a research published by the Chartered Institute of Payroll Professionals (CIPP), half of workers were nil on information about work-based pension reforms or changes declared in the recent budget. Less than third admitted to have pension provided by employer, and count for private annuity holders was even less. It indicates a pension crisis […]

Questions and Advice on Frozen Pension

With the new relaxed pension rule coming into effect next April, some independent organizations like Money Advice Service and Pensions Advisory Service will offer guaranteed guidance on possible pension choices. It can be visualized as the beginning of a complete new industry to make sure people will have improved understanding of planning finances and assessing […]

Pension Scams – They Do Exist

Pension scams are materializing with the Government’s new proposal and it has been revealed by pension regulators who exposed that unsuspected victims lost around half a billion pound due to fraudster’s activities. The news prompted the experts to ask pensioners to remain wary of fraudulent offers. Many unscrupulous firms claim to help you unlock your […]

Freezing Pension Plans

A company can freeze a pension plan for some or all of the employees covered by the plan. In the instance of a pension freeze, the employees stop earning some or all the benefits from the point of freeze. The employers have great latitude to change their pension plan, but the scope of change depends […]

Shrewd Hidden Loopholes in New Government Reforms Freezes the Pension of around 250,000 women

Today our investigation will unveil how around quarter of a million women will have their pensions frozen due to a gambit in the new Government rules. The women will lose out on hundreds of pounds of their saved retirement income over the next 2-years owing to a little known technicality in their final payable salary […]

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