Tag: pension
Should I transfer my final salary pension?
When you transfer out of a final salary pension, you are effectively swapping your guaranteed retirement income for a cash…
Rising State Pension age sees thousands pushed into poverty
The rise in State Pension age has affected approximately 700,000 65-year-olds, and while some people have been able to continue…
Is it worth paying to top up your State Pension?
The closer you are to retirement, the easier it will probably be to decide whether it’s worth topping up your…
Pension Credit: are you missing out on more than £3,300 a year?
Lots of people assume that they aren’t eligible for Pension Credit, perhaps because they own a property or have a…
Women need to work an extra 18 years to match men’s pension savings
A number of charities and organisations are petitioning the government to introduce greater protections for women in recognition of the…
Claiming your state pension on your ex-partner’s National Insurance
You can’t claim a State Pension based on your former spouse or civil partner’s National Insurance contributions if you remarried…
How do I reclaim higher rate pension tax relief?
You usually pay tax through PAYE if you’re an employee, or directly to HMRC after completing a self-assessment tax return…
Thousands could face pension poverty as divorce figures rise
Long-awaited ‘no fault’ divorce rules came into force in April, making it easier for couples to split amicably, but experts…
What is a defined contribution pension?
Anyone who earns more than £10,000 a year will be automatically enrolled into their company’s workplace pension, and between their…
Do I still need life insurance if I have a pension?
If you have a defined contribution pension, either a workplace pension or a private pension, and you die before you…