Annuities: Summer misery for Annuity rates

Dark, Ominous Clouds Promise Rain and poor Weather.New research has shown that Annuity rates have suffered their biggest fall for three years in a summer of misery for pensioners. Retiring soon? Our advisers can help you make the right decisions Investment Sense Retirement advisers Contact our team of advisers today: 0115 933 8433 info@investmentsense.co.uk Online enquiry form The ...

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 ...

8 ways you can take advantage of the new pension rules

iStock_000012131210SmallThe proposed changes to pensions, announced in March’s Budget, open up a number of opportunities, both before, during and after retirement. We’ve put our thinking caps on to bring you eight ways you can take advantage of the new rules. 1. £10,500 income each year – tax free! From the 6th April 2015 you will be able to earn £10,500 before you start to pay tax....

Retirement: Most over 45’s expect to retire with assets of £500,000

iStock_000002551071XSmallA new survey has shown the majority of over 45s expect to have accumulated assets worth £490,990 when they retire. The survey by Partnership, a provider of Enhanced Annuities, of 2,000 people aged between 45 and 65, found a wide gap between the assets people expect to have built up by retirement and the likely reality. Property to fund retirement? The results of the survey show that 89% of people believe property will make up less than 50% of their assets ...