Some canny pension holders are getting more than just 25% tax free cash from their pension pots. Pensions usually have a 25% tax free element and the remainder of the fund is liable to tax. However by reinvesting some of this taxable money back into a pension, any tax you pay is immediately … [Read More...]
New Pension Freedoms – What are people doing with the new Flexibility
The new Pension Freedoms which were introduced in April 2015 introduced new flexibility for people aged over the age of 55, enabling them to release money from their pension plans as and when they want. In the first 12 months, there were over 1 million withdrawal transactions from income … [Read More...]
Cash in your Annuity – Newletter September 2015
A warm welcome to the ever growing number of customers who are receiving our newsletters regarding the Governments announcement that it wishes to introduce a traded annuity market in the UK. For new readers it is important that we make you aware that these are not regular monthly newsletters as … [Read More...]
Convert your Friends Life Pension to Flexible Drawdown
Are you a Friends Life client who has been notified that you can not get access to your pension to make use of the new pension freedoms? If so, don't worry, we may be able to help you. Click here to pay a visit to our site www.flexi-access-drawdown.uk or continue reading. While many individuals … [Read More...]
The capability to sell your annuity is to become law
www.cash-in-my-annuity.co.uk On this morning's Andrew Marr Show (Sunday 15th March 2015) Chancellor George Osborne appeared to confirm exactly what has long been thought, that the Government are going to pave the way to allow people who have actually already purchased an annuity to be able to … [Read More...]
Our “First Class Service”
We receive many testimonials each week, here is recent one from a customer who needed life insurance with a pre-existing medical condition. I think your service has been First Class. I can't thank your staff enough for getting me a policy so affordable, with my health issues. Overall Satisfaction … [Read More...]
“Clarity and Openness at All Stages”
We receive many testimonials each week, here is recent one from a customer who needed specialist home insurance. Although my initial contact for buildings insurance was via the website, my subsequent dealings were by a mixture of direct telephone and email communication. I was impressed by the … [Read More...]
50 percent of retired people ‘may not qualify for full state pension’
More than one-half of the 3.5 million workers ceasing working around 2016 and 2020 may not qualify for the full new state pension, a study has shown. Government figures produced in response to a freedom of information request by a popular pension consultant proved about two million workers will … [Read More...]
Goodbye to ‘Death Tax’ on ISA’s
Chancellor George Osborne disclosed in the 2014 Autumn Statement that partners will be allowed to acquire their spouse's Isa benefits following death Previously when somebody passes away, the savings in their Isa give up their tax-free standing and their partner begins paying tax on that money. … [Read More...]
Christmas Redundancy Strikes Again !!
by bob Cook It seems that each year around Christmas time we report that a number of customers face the possibility of spending the New Year hunting for a new livelihood as the business they currently work for is about to go into receivership. Those people who have been prudent enough to invest … [Read More...]