Archive for the ‘Pension News’ Category

We all know that with current interest rate levels, anyone looking to boost their income by way of the interest that they receive from cash deposits has seen this fall dramatically over the last few years and with continued uncertainty over the health of the UK economy, it is feasible that this situation may continue [...]

Previously we touched on the changes announced in December last year relating to accessing pension arrangements from April 2011 and beyond. These changes centre around the removal of the effective requirement to purchase an annuity at age 75, along with introducing some increased flexibility regarding how you may ultimately receive your pension benefits.
 
As you will [...]

It is always good to start the year off with a fresh start, and the recent announcement that the government has at long last bowed to pressure and removed the requirement for compulsory annuity purchase for pensions from April 2011 is hopefully a sign of a fresh and more sensible approach to pension regulation.
The previous [...]

Recent announcements by the new Government could allow unused pension benefits to be passed to relatives more tax efficiently, further enhancing the attraction of retirement planning through such schemes.  Peter Brydon, Associate at Wealth Management firm Cave & Sons provides further information regarding some of the proposals.
 
At present, when you retire you can typically [...]