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 | Sep 2, 2016 | Pension & Retirement News
Origo, the technology provider taking the lead on developing an online pensions dashboard, has suggested that a fully operational platform could go live as early as next year. The company revealed last month that the back-end technology is now finished, meaning that... by Town Close Financial Planning | Aug 3, 2016 | Pension & Retirement News
Drawdown is a way of achieving greater flexibility with your pension funds. Every time you move your money into drawdown, you’re allowed to take 25% of this as a lump sum, which is exempt from tax. The rest continues as an investment, with taxable income able to be... by Town Close Financial Planning | Jun 14, 2016 | General News
For the first time since the 1870s, the gap between the expected lifespan of the rich and the poor is getting wider in England and Wales. A study by City University London confirms that, whilst people are living longer overall, the lifespan of rich people is expanding... by Town Close Financial Planning | May 3, 2016 | Pension & Retirement News
There’s no doubt that we’re in a time of considerable change when it comes to pensions, with a great many people unsure of whether or not they should take advantage of the new freedoms and how they can best put the new system to work for them. As well as the positive...