by Mary Waring | Apr 12, 2013 | Divorce/separation, Pensions
For many divorcing couples the pension may be the second biggest asset after the matrimonial home. The Pensions Act 1995 first introduced the requirement to take pensions into account on divorce under English Law. This requirement had been in place in Scotland since...
by Mary Waring | Apr 11, 2013 | Financial Planning, Pensions
Don’t think that if you don’t save for your retirement that the state will help in any significant way. Basic state pension at the time of writing is £5,587.40 pa which is a measly £466 per month. Anyone who thinks that’s enough for them to live the life style they...
by Mary Waring | Apr 9, 2013 | Financial Planning, Pensions
There are some attractive tax advantages to be had from investing in a pension. Are you aware of the pension tax benefits? If you’re not aware, read on to see…. Let’s assume you want to invest £100 per month in your pension. If you’re a basic rate taxpayer...
by Mary Waring | Apr 7, 2013 | Financial Planning, Pensions
A bit like death and taxes, one thing we can all be certain of is that we will get older. When you’re young retirement seems so far off that it’s not high enough on your priorities to want to do anything about it. Yes you know you need to get round to saving at...
by Mary Waring | Apr 6, 2013 | Jargon Buster, Pensions
If you’re not sure what the Queen Mother has to do with annuities, then please read on. It will all become crystal clear! An annuity is a means whereby a capital sum is turned into income for your lifetime. You will often have heard the term in relation to...