State Pension: Thousands get just £7 per week

New figures from the Department for Work & Pensions (DWP) have highlighted the huge gap between the highest and lowest State Pensions. The figures show that approximately 130,000 people get less than £7 per week, with around the same number of people getting more that £230 per week, a gap of more than £220 and equivalent to more than £10,000 per year. Experts believe it is generally men who get the higher State Pensions with women typically getting less. Need financial advice ...

Self invested pensions: The comeback of the SSAS

The comeback of the SSASWhen we think of self invested pensions our thoughts immediately turn to a SIPP (Self Invested Personal Pension). However, the SIPP's lesser known cousin, the SSAS (Small Self Administered Scheme), seems to be making a bit of a comeback. A SSAS has always had the same investment powers at a SIPP, indeed in some circumstances, especially for loans, it is more flexible. Despite this SSAS's have for some years lagged behind SIPPs in popularity, but over recent months they ...