What is the Pension protection Fund?
Following on from last week’s blog “What is a Defined Benefit Pension Scheme?” which you can read here, this week I will look at the implications of Carillion’s Pension Scheme…
Category: Retirement
What is a Defined Benefit Pension Scheme?
In this blog, I will look at what a Defined Benefit Scheme is. And then in next week’s Blog, I will look at the Pension Protection Fund (PPF). What is…
It’s my Birthday!
It’s my birthday tomorrow, and I am turning 37. Just 3 years until I’m 40 and about another 31 years until I reach state pension age (if I am lucky).…
What will happen to my pension if I die?
With pension freedoms that came in in April 2015, the tax implications on pensions on death were amended, as was the way in which pensions could be inherited. The changes…
What is your new year’s resolution?
What is your New Year’s resolution? Is it to start exercising? Go on a post-Christmas diet? To always put the top on the toothpaste? Or to take up a new…
What is drawdown?
In this blog I will look to answer the question What is drawdown? Pensions have 2 different phases: the growth phase – while you are working, you pay into your…
What is an annuity?
In this blog I will discuss What is an annuity? Pensions have 2 different phases: the growth phase – while you are working, you pay into your pension and want…
Lifetime ISA (LISA) the new pension?
After last year’s budget and the pre-budget talk of reducing tax relief on pensions, the government introduced “bonuses” on ISAs. In the form of Lifetime ISAs. But what is a LISA? And how does a…
Do you have a mobile phone?
That’s a silly question, most people have a mobile phone. In fact globally, more people own a mobile phone than own a toothbrush! In this article, I will explore the…
When should I talk to a financial adviser?
In my previous blog, I looked at the types of saving, investment, pension and protection you may be considering when thinking about if you need a financial adviser. In this blog the…