Taking Stock of the Pension PotSHARE prices in Britain, the U.S. and Europe have reached record highs in recent months. So the value of many personal pension plans is also likely to be close to an all-time high. But what happens if the stock market drops?
In April 2017 the MPAA allowance was cut from £10,000 to just £4,000 per annum designed to stop people “recycling” their pension.
The average pensioner eligible for this benefit could be pounds 425 a year better off.Other benefits include pension credit, housing benefit or non means-tested cash such as attendance allowance. But even though more than two million pen-sioners are living below the poverty line, older people ...