Archive for 'Pensions'
Freestanding Additional Voluntary Contributions
Many employers offer a pension scheme to their employees though because of various recent changes in how these have to be accounted for this is becoming less common outside of the “public sector”. If you are a member of an occupational pension scheme your retirement income will be based on the years of service and [...]
Full StoryThe Financial Services Authority (or “FSA”)
The FSA is an independent non-governmental body formed following reforms in the regulation of financial services. The supervision of banking and investment services (including pensions, life assurance etc) was merged with the responsibilities of the previous regulator, ”The Securities and Investments Board (SIB), which changed its name to the Financial Services Authority in 1997. The FSA’s four [...]
Full StoryAre Personal Pensions Worth Having?
Taking out a pension does not guarantee you a comfortable retirement. You have to pay enough into it to make it worth while. How much you need to pay in will depend on what type of pension scheme you are a member of and also whether you are self-employed or not. You can pay as [...]
Full StoryResidential Property in SIPPs
Gordon Brown is a serial offender. Master of the U-turn. And every time he does turn he blames other people for the financial chaos he has caused. We all know about the debacle over the abolition of the 10p tax rate and the criticism heaped on Gordon Brown. Rightly so. He only has himself to [...]
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