by blakeandday | 17th August 2022 | Pensions
For most retirees, the State Pension forms the foundation block of retirement income planning. Anyone reaching State Pension age* after 6 April 2016 with full entitlement currently receives a guaranteed income of £185.15 per week (£9,627.80 pa). Furthermore, the...
by blakeandday | 12th April 2021 | Pensions, Taxation
Key points You can currently access your pension pot from age 55, at which point you can take up to 25% of your pension fund value as tax-free cash, either as a lump sum or regular income. The remainder of the funds left in your pension pot are then taxable as income...
by blakeandday | 8th March 2021 | Equity Release, Financial Planning, Pensions
Many households are facing financial struggles and are looking at ways to generate capital and/or income. Two options that may be available for the over 55’s are to either release equity from their property of take capital or income from their pension pots. Both...
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