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Tag Archives: State Pension

Retirement choices


How much time do you spend planning for retirement? The 2015 pension freedoms gave us greater flexibility over our retirement options, but the reforms have also made retirement choices much more complex. This means we need to start thinking about … Continue reading

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State Pension


The State Pension changed on 6 April 2016. If you reached State Pension age on or after that date, you’ll get the new State Pension under the new rules.

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Lifetime allowance


Value of payouts from pension schemes The lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge. The … Continue reading

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Golden years


Key to a positive retirement lifestyle Unfortunately, some individuals do not realise the importance of planning for their retirement. The amount of money saved for retirement will eventually have a profound impact on how we live our lives and our … Continue reading

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Pension freedoms


Retirement savers say they are still confused by the rules The second anniversary of the pension freedoms reforms took effect from April 2015, yet some retirement savers say they are still confused by the rules and want no more changes.

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Retirement freedoms


What are the income options for your pension? Deciding what to do with your pension savings is an important step we will all have to take. Following changes introduced in April 2015, you now have more choice and flexibility than … Continue reading

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Lifetime allowance


Value of payouts from pension schemes The lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge.

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Pension freedoms: one year on


What are the key reasons for shifting retirement patterns? New pension rules which give you far greater flexibility over what you can do with your pension pot came into force on 6 April 2015, but according to Aviva’s latest Working … Continue reading

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Let’s make it a date


Key financial dates to put in your diary this year The remainder of 2016 is certainly going to be a busy one, with April seeing a raft of changes announced previously – affecting pensions and savings – coming into effect.

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