Saving into a pension is usually key to enjoying a financially secure retirement. Find out what a pension is and how a pension works.
Is a drawdown Pension subject to Inheritance Tax? Can you draw down a final salary Pension Can I transfer my drawdown Pension to another Provider? Are drawdown Pensions protected? Is a drawdown Pension a good idea? Do you need a financial adviser for Pension drawdown? What is a drawdown Pens...
Here in the UK, there are three types of pension: the State Pension, workplace pensions, and personal pensions (which includesSIPPs, short for Self-Invested Personal Pensions). They each have their own benefits and potential drawbacks: State Pension The State Pension is simply a regular payment...
Pension annuities provide a guaranteed annuity income for life. Find out more about our retirement annuities and get a quote online today.
Other pension providers use Raindrop too. You just need to tell the pension detectives who you worked for and when, while ponying up your National Insurance number. Yet tracking down old pension pots is one of those things that’s hard to get around to if you have a life. (Note to se...
Lifestyling is based on the principle that savers annuitise their portfolio on retirement. Given that most pension savers now opt for drawdown over an annuity, the jury is out on whether lifestylingrequires an overhaul. Incidentally, I’m aware that for one scheme some savers choose to keep ...
Having a large amount of cash in your bank account could impact your eligibility forpension credit, savings credit, council tax discount or other means-tested state benefits. A home reversion plan is not available to anyone aged under 60. By contrast, you can take out a lifetime mortgage fro...
A drawdown is a peak-to-troughdecline during a specific period for an investment, trading account, or fund. A drawdown measures the historical risk of different investments, compares fund performance, or monitors personal trading performance. It is usually quoted as the percentage between the peak ...
If maximising IHT benefits is your goal, Tom Selby, head of retirement policy at investment platform AJ Bell, says: “It’s simply a case of contributing as much as you can afford and the rules allow.” You can invest in a pension from earnings, capped at the annual allowance each tax...
This phase is not a lucrative time forretail investorsto buy, as capital will be tied up, or the investor may experience a large drawdown of capital. However, recognizing the signs of accumulation gives insight to future opportunity. During this phase, price moves mostly sideways in a range....