February 2016

Pension credit

By |February 15th, 2016|

Cuts for people who go abroad for over a month
People who go abroad for over a month will no longer be eligible for pension credit. At present, housing benefit and pension credit recipients can go abroad for up to 13 weeks while continuing to receive payouts.

The spending review says: ‘The benefit system should not subsidise […]

5 steps to a brighter retirement

By |February 9th, 2016|

Concerned about the financial aspects of retirement planning?
With all the talk and concern about dwindling retirement funds and our shaky economy, many retirees and soon-to-be-retired boomers are concerned about the financial aspects of retirement planning. These are 5 steps to give you a brighter retirement.

1. From 6 April 2015, on reaching the age of 55 you can […]


By |February 3rd, 2016|

Consolidating pensions
Most people, during their career, accumulate a number of different pension plans. Keeping your pension savings in a number of different plans may result in lost investment opportunities and unnecessary exposure to risk. However, not all consolidation of pensions will be in your best interests. You should always look carefully into the possible benefits […]

January 2016

Pension tax relief

By |January 8th, 2016|

New tapered annual allowance for high earners
The pension tax relief system is about to be reinvented. The Government announced in the Summer 2015 Budget their intention to cut pensions tax relief for high earners by introducing a tapered annual allowance from 6 April 2016 for individuals with income (including the value of any pension contributions) […]

December 2015

Financial decisions

By |December 22nd, 2015|

Flexibility to use your pension pot in the way that suits your needs
Financial decisions are some what very important, some more important than others and of those being adequate financial provision for retirement.  However sometimes for some people this can be a daunting topic and the options they find that they have can be sometimes […]

Retirees will be able to sell their annuities from April 2017

By |December 18th, 2015|


Existing pensioners will be able to from April 2017 sell their pension pots for a lump sum.

According to the Daily Mail the government have announced that over five million people  will be able to turn their pensions pots into a cash lump sum from April 2017.

Instead of receiving their monthly payments from a savings pot […]

Funding retirement

By |December 11th, 2015|

Funding for your retirement is important, more people are living longer however retiring on smaller pension pots which will not last forever. However many people find it difficult to fund for their retirement or just simply do not know where to start in doing so. We at Hutt Professional have financial advisers with many years […]

November 2015

SIPP freedom

By |November 24th, 2015|

One of the most tax-efficient ways of saving for retirement
If you want the freedom to manage your own investments that will enable you to achieve your retirement goals, a Self-Invested Personal Pension (SIPP) could be an option for you to consider. A SIPP is a pension ‘wrapper’ that holds investments until you retire and start […]

Evaluating your future finances

By |November 13th, 2015|

New possibilities in retirement, and the options available to you

The recent pension freedoms have opened up new possibilities in retirement, allowing more of today’s recent retirees to enjoy the sixty-something socialite lifestyle. Retirement can be one of the most liberating and exciting life stages, but to get the most freedom and enjoyment out of retirement, […]

October 2015

Pension planning apathy

By |October 15th, 2015|

More than ten million pots are being left largely unmonitored
Individuals are living longer, meaning that savings have to fund a longer period of retirement. However, there has been a well-documented decline in pensions saving over time. Many people do not think about retirement as they consider it’s too far in the future, and almost two […]