by Mary Waring | Jun 11, 2014 | Divorce/separation, Pensions
Up until 2010 women had a state pension age of 60, and men had a state pension age of 65. However, with increasing life expectancy it became very obvious the Treasury needed to make changes. It wasn’t uncommon for some individuals to be claiming state pension for a...
by Mary Waring | Jun 4, 2014 | Divorce/separation, Pensions
During your divorce negotiations both you and your spouse will have obtained a valuation for each of your pensions. The date of this valuation must be within 12 months of the hearing date. Clients will often rely on this figure as the value of the pension that is to...
by Mary Waring | Jun 2, 2014 | Divorce/separation, Financial Planning, Pensions
Now of course we all know that if I asked this question directly the answer from everyone would be “NO”. And probably you would think that I was even mad to ask the question. And yet, I often see this being done by my clients. I am dealing with a client now who...
by Mary Waring | Sep 23, 2013 | Divorce/separation, Pensions
The process for agreeing a financial settlement on divorce can go on for many months. Financial information is made available at the beginning of the divorce process, but what happens when these values change? This is particularly relevant for any stock market...
by Mary Waring | Jun 24, 2013 | Pensions
With effect from April 2016 the government plans to introduce a single tier state pension of £144 per week in today’s terms. This is a significant increase on the current basic state pension of £110 per week. However, it’s not all good news. The new proposals to...
by Mary Waring | Jun 19, 2013 | Pensions
There are a number of tax advantages available to saving into a pension. For a revision of these see Pensions: a 20% off sale. You can save as much as you like into your pension plan but there is a limit on the amount of tax relief you can receive on your...