are a crucial part of retirement planning. This is particularly true given the amount of control retirees now have over how they withdraw their pensions. You don’t simply have to buy an annuity with your pension — you can withdraw lump sums or take a regular income, too. ...
If you die before your pension starts and before your Normal Scheme Pension Age, a cash amount of 1.5 times your contributions plus credited interest will be payable. A refund of the value of any AVCs will also become payable. If you die before your pension starts and after your Normal ...
Changesover the past decade have made pensions much more attractive than they were. Even I, a former pension-phobic person, would prefer to lock away some of my money for many years in a pension than chuck it away by paying 40% or 45% tax on it today. The bottom line is taxes are ...
Note that the PLSA expects the State Pension to do much of the heavy lifting in retirement, especially at the Minimum standard. This is why we think there’s no need to fear the State Pension beingdone away with. The social fallout of scrapping it would be catastrophic for any government....
Winter Fuel Payment: provides an annual tax-free payment to eligible individuals of State Pension age Cold Weather Payments: offers additional support during cold weather conditions. Warm Home Discount: eligible households can receive a rebate on winter electricity bills and is based on household incom...
He was close to Ramsay MacDonald and hoped for one of the great offices of state, but when Labour won the 1929 general election he was appointed only to the post of Chancellor of the Duchy of Lancaster, de facto Minister without Portfolio, outside the Cabinet. He was given responsibility ...
Many people understand that the UK is in the EU (for now at least) and therefore when you retire, it should be simple to understand how you claim your State and personal pensions. The main questions people have are what pension will you receive, how will you receive this, where should ...
The employee has taken an excessive number of sick days and you’ve exhausted all the options you have to support them, including giving them an adequate amount of time to recover or altering their job duties if the work itself is contributing to their illness. The employee is guilty of gro...
an amount of “carried interest” arose to the Appellant under those arrangements — the parties agreed that the amounts derived by the Appellant otherwise (subject to the points above) answered the description of “carried interest” for this purpose. ...
we really just need to see a lot more from Labour in terms of what this all amounts to in its skills agenda. There is an awful lot of detail to be filled in when it comes to the supply side and supply side reforms of the Labour government, which they clearly need to get on with...