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Category: pensions & savings & Uncategorized
Pension release is when you agree to transfer your pension savings to an arrangement that will allow you to access your funds before you reach the age of 55. In rare cases, such as terminal illness, it’s possible to access pension funds before the age of 55.
Category: pensions & serenity news & Uncategorized
A recent report from Reuters suggests that long after the Euro debt crisis is over, Europe will be grappling with an even more serious problem – how to pay for growing numbers of old people.
The population of some countries is stagnant or already shrinking and that could reduce potential savings and economic growth.
Category: serenity news & Uncategorized
In 2011, the value of assets held in UK funded pensions was ÂŁ2,040.7 billion, which was equivalent to 135% of Gross Domestic Product (GDP) for the UK. Self-administered pension funds, most of which are associated with defined benefit occupational pension schemes, accounted for 71% of the total.
Category: Uncategorized
You pay tax on your savings interest in the tax year that the interest is paid to you, or credited to your account, even if you’ve earned part of it in previous tax years. Savings income normally has 20 per cent tax taken off before you receive it.
Category: Uncategorized
“No news is good news” as the old saying goes. By that definition, April was a good month in that there were no disasters. Europe remained relatively stable, Cyprus didn’t implode, Barack Obama and Congress continued speaking to each other and Kim Jong-un kept his finger off the trigger.
Category: Uncategorized
According to a February 2013 survey of over 2,000 UK adults, conducted by YouGov on behalf of Duncan Lawrie Private Bank, 38% of respondents who are pension savers and who have at least one private pension pot, have never reviewed their plan, while 14% have not done so in the last three years.
