Lifetime allowance
Value of payouts from pension schemes
The lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge.
The …
Uncategorized
Tax relief and pensions
Annual and lifetime limits
Tax relief means some of your money that would have gone to the Government as tax goes into your pension instead. You can put as much as you want into your pension, but there are annual …
Pension Freedoms
The most radical changes to pensions in almost a hundred years
In April 2015, the Government introduced the most radical changes to pensions in almost a hundred years. From April last year, individuals from the age of 55 with a …
Asset Mix
Even the best-planned portfolios need to be reviewed regularly
It goes without saying that everyone should take some time to review their portfolios every once in a while. The only constant in life is change – and chances are your …
Planning for the future
Why it’s important to know your start and end points
Reaching wealth goals and achieving personal ambitions are major objectives of the financial planning process. In order to make plans for the future, you need to know where you are …