Retirement Planning

July 2016

Choosing investments

By |July 26th, 2016|

What you need to know to become a more confident investor
Before you choose or make any investment decisions, you need to know that investing involves the possibility of loss. These key considerations help you become more confident about your investment decisions,often people also seek independent financial advice, that way they can be sure they are […]

Advice with you in mind

By |July 20th, 2016|

One of the most important relationships you may ever have
Few people really have the time to understand the significant number of financial products on the market at any time. If you’re looking to invest, buy a protection product or plan for the longer term, expert professional financial advice is essential to help enable you to […]

Why now is the time to review your pension

By |July 18th, 2016|

Taking an active interest in your retirement savings
Millions of savers currently spend very little time reviewing their pensions, with more than a quarter of savers (28%) admitting to never reviewing their retirement savings, while almost a fifth (19%) of those with a pension said they review it less than once every five years according to […]

Pension confusion

By |July 14th, 2016|

Are most people unprepared for retirement?
People are still being left confused by pensions, with almost two thirds not understanding their key features, according to new research by Wesleyan.
The research conducted by the specialist financial mutual revealed how much confusion there still is among most people when it comes to their retirement planning. Three quarters of […]

June 2016

State Pension

By |June 10th, 2016|

New rule changes
The State Pension changed on 6 April 2016. If you reached State Pension age on or after that date, you’ll now receive the new State Pension under the new rules. The aim of the new State Pension is to make it simpler to understand, but there are some complicated changeover arrangements which […]

What are Defined contribution pension schemes

By |June 6th, 2016|

Providing an income in retirement
With a defined contribution pension, you build up a pot of money that you can then use to provide an income in retirement. Unlike defined benefit schemes, which promise a specific income, the income you might get from a defined contribution scheme depends on factors including the amount you pay in, […]

Lifetime allowance

By |June 3rd, 2016|

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 lifetime allowance for most people is £1m in the tax year 2016/17.
It applies to the total of […]

May 2016

New State Pension

By |May 20th, 2016|

How much will I get under the new State Pension?
The State Pension changed on 6 April 2016. If you reach State Pension age on or after that date, you’ll now receive the new State Pension under the new rules. The aim of the new State Pension is to make it simpler to understand, but there […]

Smoothing out your portfolio’s returns

By |May 17th, 2016|

Increasing the long-term value of your investments
It’s natural to be looking for ways to smooth out your portfolio’s returns. Investing regularly can smooth out market highs and lows over time. We at Hutt Professional have financial advisers with many years of experience who would be more than happy to help you do this.

In a fluctuating […]

Pension freedoms: one year on

By |May 12th, 2016|

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 Lives report a third of people aged over 50 who are employed in the private sector […]