Thousands of grandparents miss out on income boost

Thousands of grandparents miss out on income boostLooking after grandchildren is something many people enjoy. But few are aware that it can mean losing a substantial amount from their state pension. The good news is that there is a little-known scheme, which could give them back the thousands of pounds that would otherwise be lost. According to Sir Steve Webb, former Minister of State for Pensions and Liberal Democrat MP, thousands of grandparents who provide childcare, are missing out on National Insurance credits that could boost their state pension. Now Director of ...

Retirement: Why 75 is a crucial age for you and your pension

Why 75 is a crucial age for you and your pension 150pxAlthough most of us have long since retired and taken an income from our pension, there are many people who have either not ‘taken’ their pension or have used Income Drawdown as an alternative to an Annuity. If you are approaching 75 and have yet to take your pension, or chose an alternative option to an Annuity, there are some important things you need to ...

State Pensions: Flat rate moves close but retirement date moves further away

Yesterday’s Queen’s Speech bought a flat rate State Pension a step closer whilst outlining measures to push back the age at which it will be paid. Flat rate State Pension A flat rate State Pension was trailed by the Chancellor George Osborne in his last budget, but it now appears that the government will bring forward legislation to make it a reality. Our advisers can help you make the right decision...