Retirement: Keep your options open, retire now and take advantage of new pension proposals

Ready to retire, conceptual words on blackboard.If the proposals announced in last month’s Budget are implemented without change, anyone over 55 will have far greater access to their pension pot after April next year. Each year around half a million people retire; so how can those retiring over the next 12 months, take advantage of the new rules from 2015 onwards but replace their ‘lost’ income now? Access the tax-free lump sum? One option is to take some or all of tax-free lump sum from your pension, use this to pay your bills ...

Budget 2014: Thinking of taking your pension as a lump sum and investing in Buy to Let? Read on and think again

Tiny Houses 2The ink on the Chancellor’s Budget had hardly dried, as people began to speculate the proposed changes to pension rules, would mean more people jumping on the Buy to Let bandwagon. In fact, you could almost feel some estate agents get giddy with excitement, at the thought of a new market to take advantage of. Confused about the Budget? Our advisers can help you make sense of the ...

SIPPs: Thinking of transferring to a new SIPP? 7 things you must consider

iStock_000012131139XSmallThe pace of change in the SIPP (Self-Invested Personal Pension) market can leave you feeling breathless. So far this year we’ve seen one SIPP provider freeze their fees for the next two two years (Liberty), another impose limits on commercial property purchase (Hornbuckle Mitchell), whilst a third has hiked fees for property purchase (Friends Life). At the same time, execution only SIPPs, Hargreaves Landsown, Best Invest and so on, have announced new charging structures following the ...

SIPPs: New restrictions on commercial property purchase in SIPPs?

iStock_000016457256_ExtraSmallSelf-Invested Personal Pensions (SIPPs) and commercial property purchase have gone hand in hand for many years, but at least one provider is imposing new limits. We look at whether this could signal the start of more restrictive rules and whether it buying a commercial property in a SIPP might be harder in months to come. SIPP commercial property purchase Need advice on your ...