Blog

How to protect the old from poverty has challenged governments since they decided that Victorian workhouses were not the answer.

We are now to be working with the guys at This is Money to help track down otherwise lost or forgotten pension benefits for selected members of the public!

With only a few weeks left before the January 31 tax return submission deadline for 2010/2011 and Moira Stewart’s stern but friendly reminders still ringing in the ears, now is the time to tackle that tax return.

With low interest rates and relatively high inflation, the real value of savings and the purchasing power of a fixed income are steadily eroded. Over a period of years the cumulative impact can be dramatic and the effect on pension serious.

An article in The Telegraph suggests that the Chancellor is now reconsidering cutting higher-rate relief as he fights to cut back public spending. A look at what this would mean, and two ideas to protect your money.

60% of those looking for a pension provider don’t actually compare the rates! The PICA aims to tackle this with a new ‘pension passport’.

Means testing for the state pension may be scrapped, and from 6th April 2011, private pensioners incurring annual allowance charges of more than £2,000 will be able to use their pension benefits to pay.

An employer doesn’t have to use NEST to ensure they comply with legislation, and with so many pension schemes already out there which will provide full compliance, what does NEST have to offer?

From 6th April 2011, pensioners will no longer have to purchase their income, but will be able to draw their income directly from pension savings for as long as they choose.

A recent study found that over four million people intend to work beyond the state retirement age because they can’t afford to retire.