Why President Putin could seriously damage your retirement income

Crumpled question marks heapOn the face of it there is very little link between the events in the Ukraine and your pension in the UK. But if you are approaching retirement, events in this part of the world could put a lasting dent in your retirement income. Bear with us and we’ll explain. For most people a pension is a long-term investment, meaning that investing a proportion of the pot in stocks and shares is a sensible move....

SSAS: Deposit accounts for SSASs, what are your options?

iStock_000015874214_ExtraSmallThe Investment Sense website publishes the only in-depth best buy table for SIPP deposit accounts, but what are your options if you have a Small-Self Administered Scheme or SSAS for short? SSASs have had a resurgence over the past couple of years and with stock markets increasingly volatile we are getting more and more enquiries about the Cash options available. You’d be forgiven for thinking that if a bank or building society offers deposit accounts for SIPPs, then they will accept ...

Budget update: Two changes which will affect all parents

Two measures which will affect all parentsLast week’s Budget contained at least two measures which will affect all parents. The first will help parents save for their child’s future, whilst the other could provide much needed cash assistance towards the costs of childcare; but beware, there will also be losers. Child Trust Fund transfers to Junior ISAs The first piece of good news came with George Osborne’s announcement that the government is to issue a consultation with a view to enabling  child savers to transfer ...

Pensions: Nearly 50% of self-employed people have no pension

In the week that auto enrolment started for employees, a new survey has shown just how poor pension provision is amongst the self-employed. New research from Prudential has found that 46% of the self-employed, equivalent to 1.3 million people, have no private pension provision. The self-employed have traditionally had to make their own provision for retirement, having no access to occupational pensions or indeed the new system of auto enrolment; however the lack of provision amongst this group will come as a shock to many....