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... by Town Close Financial Planning | Mar 2, 2016 | Pension & Retirement News, Tax News
After several years of speculation, according to a recent BT Home article, fears are growing that Chancellor George Osborne is finally poised to take away higher-rate tax relief for pension contributions. If this is the case, then the vital cut-off date for investors... by Town Close Financial Planning | Nov 27, 2015 | Pension & Retirement News
Self-Invested Personal Pensions (SIPPs) are designed to give you greater control over your retirement savings. With a SIPP you can choose from a wide range of high quality investments, manage them for yourself and consolidate your existing pensions in one place. A... by Town Close Financial Planning | Oct 6, 2015 | Pension & Retirement News
Concerns over money dominate the thinking of pre-retirees, according to new research from Retirement Advantage. Conducted by YouGov, the study finds almost half (49%) of over 50s are worried about not having enough money in retirement to do the things they want to do,... by Town Close Financial Planning | Sep 15, 2015 | Pension & Retirement News, Tax News
A single Lifetime ISA for everyone should be created with all tax reliefs on pension contributions being scrapped, a leading figure at the Centre for Policy Studies (CPS) has proposed, according to an article published by the CPS. Research Fellow Michael Johnson said...