State pension continues to rise

State pension continues to rise

Do you know when you’ll reach your state pension age? When planning for retirement it’s crucial to know your entitlements. The level of the state pension has become more straightforward in some ways since the introduction of a flat-rate pension in 2016. But figuring...
Next stage of auto-enrolment

Next stage of auto-enrolment

Since 2012 employer and employee automatic enrolment contributions have totalled 2% of ‘band earnings’, with the employer having to pay at least 1%. From 6 April this year, the minimum contributions will rise to 5%, with 2% from the employer. The extra outlay could be...
The lifetime allowance increases – at last

The lifetime allowance increases – at last

Investors can save more into pensions from 6 April 2018, when the lifetime allowance (LTA) increases from £1 million to £1.03 million. The LTA is a critical part of pension planning. It is the total value of payouts from pension savings, as a lump sum or income,...
Auto-enrolment: the next stage

Auto-enrolment: the next stage

AUTO-ENROLMENT MOVES TO THE NEXT STAGE IN APRIL: ARE YOU READY? Automatic enrolment of employees into workplace pensions has been much more of a success story than predicted. In the last three years, over 8.5 million people have begun saving for their retirement and...
The financial challenge for ageing divorcees

The financial challenge for ageing divorcees

THE AVERAGE AGE FOR DIVORCE HAS REACHED AN ALL-TIME HIGH. The average age on divorce is now nearly 46 for men and 43½ for women. This makes agreeing the financial settlement more challenging, because the higher the age, the more wealth there generally is to argue...
Page 1 of 212