pension planning

March 2015

Pension changes 2015: Annuity or pension drawdown?

By |March 13th, 2015|

From 6 April 2015, such dilemmas could become real for some, as the government gives those over 55 the freedom to spend as much of their pension savings as they like.
In truth, the surveys suggest most people are rather more modest in their dreams – with a decent income in retirement at the top of […]

Sorting out your finances

By |March 13th, 2015|

Sorting out our finances is high on
our list of priorities in 2015
The British population is determined more than ever to get more savvy about their saving and spending habits in 2015, with three quarters (76%) of adults admitting they are prepared to moderate their lifestyle, according to a new survey by Standard Life.

Sorting out finances
Showing […]

How to maximize your income levels in retirement

By |March 5th, 2015|

Why having a target in mind clearly makes a difference to fund this stage of your life
A recently published report has highlighted the positive impact planning and professional financial advice can have on income levels in our retirement. The first Retirement Income Uncovered report from Old Mutual Wealth found that retirees who hadn’t set themselves […]

What you need to know about Pension Freedom

By |March 5th, 2015|

10 things about the wide-ranging  changes you should know
The pension system is completely being overhauled to enable individuals to take their defined contribution pension how they like in order to create greater choice and flexibility. These changes were announced in Budget 2014. From 6 April 2015, no matter how much an individual decides to take out […]

Are you considering working after retirement?

By |March 4th, 2015|

Two thirds of over-50s plan to lengthen their working lives
Nearly two thirds of over-50s that work are consider retraining so they could work longer in retirement, according to new research from MetLife.
the study that they have done has found 63% of over-50s are looking at potentially lengthening their working lives, with 50% considering learning new […]

February 2015

Pension savers can take small pots from old employers with them automatically when they change jobs from late 2016

By |February 12th, 2015|

According to This is Money workers will be able to start taking pension pots worth less than £10,000 with them when they change jobs under the new government plans due to be launched in October 2016
The new system is aimed at combating the problem of savers building up a backlog of dormant pots, which are […]

What is pension freedom?

By |February 9th, 2015|

Many people with pensions might be thinking what is a pension freedom. What a pension freedom does is it will give people a wider range of how they can spend, save or invest their retirement money from April.
It is important to know the key changes that will be happening some of these are removing the […]

The government to extend pensioner bonds deadline

By |February 9th, 2015|

According to Money Market the government have decided that they will be extending the deadline for the pensioner bonds. What they will be doing is continue to offer pensioner bonds that is paying up to 4% for another three months and will also be planning to increase the amount that is available from £10bn to […]

What is happening to the State Pension in 2016 ?

By |February 3rd, 2015|

There are some major changes to the state pension happening in April 2016. The information that is provided below will help you to understand how the changes will affect you and what you can expect in the way of a state pension if you are set to qualify for the pension on or after 6 April […]

What are Pensioner Bonds?

By |February 2nd, 2015|

Pensioner Bonds were announced in the March 2014 Budget, and will be available for a limited time from January 2015. Demand is expected to be very high, so if you are interested then speak to a financial adviser today. We at Hutt Professional have advisers with many years of experience who are highly qualified and […]