by Town Close Financial Planning | Jan 6, 2017 | Pension & Retirement News
Recent reports suggest that the government is planning to raise the official state pension age to 70 for those currently in their 20s. As a more aggressive timetable for increasing state pension age is apparently to be introduced, those in the 45-55 age bracket could... by Town Close Financial Planning | Jan 1, 2017 | General News
Reflecting on 2016, I found myself thinking about how TCFP has developed and where we’re aiming to get to. I expect our journey has been similar to many other SMEs. Looking back it seems such a fun, exciting time that was only ever going to end in success. What an... by Town Close Financial Planning | Dec 2, 2016 | Pension & Retirement News
Recent statistics from City of London Police suggest that losses due to fraud after pension freedoms were introduced could be around 25% higher than was initially estimated.The figure originally reported to the force for the first six months from April 2015 was £10.6... by Town Close Financial Planning | Oct 10, 2016 | Pension & Retirement News
According to recent research, the introduction of pension freedoms has led to many thousands of people taking out large sums from their retirement funds, then leaving it earning them next to nothing in low-interest accounts. The figures from Citizens Advice who... by Town Close Financial Planning | Oct 3, 2016 | Pension & Retirement News
If your annual income is above £150,000, then your pension allowance has been subject to tapering since April this year. For every £2 of income over £150,000, your £40,000 annual allowance is reduced by £1, with the reduction rounded down to the nearest whole pound if...