16th February 2017
When we are young we often neglect financial planning. Pensions and investment, life insurance, funeral plans; that’s something that older people do right? It’s just not a concern when you’re in your twenties, thirties, forties. Unfortunately tragedy can hit at […]
19th January 2017
Isn’t it funny how the more we earn, the more things we view as being “essential”? When we start our working life we happily live within what we earn. Often we are content with the basics; we don’t need to […]
28th November 2016
In 2006 the lifetime allowance was introduced. The lifetime allowance limits the amount of pension benefits you can draw from your pension schemes before triggering an extra tax charge. It started at £1.5million, increased gradually to £1.8million and then reduced […]
28th November 2016
Cashing in your entire pension pot in one go is not usually recommended. The first problem is that if you cash it in and spend it you’ll have no income from it further down the line. It can very quickly […]