by Gretchen Betts | Feb 7, 2024 | Pension, Uncategorized
The Lifetime Allowance (LTA) is a limit on how much you can build up in pension benefits without paying tax. It’s currently set at £1,073,100 and benefits above this were subject to a tax charge. To the surprise of many, it was announced in the 2023 Spring Budget that...
by Gretchen Betts | Oct 26, 2023 | Pension, Vlog
Gretchen’s VLOG this month focuses on the State Pension, a top topic this year in the press. Specifically covering the following areas: Triple Lock Change to State Pension Top-Ups Women – Under-Paid State Pension entitlement As with many financial topics, State...
by Gretchen Betts | Nov 25, 2022 | Pension
When you first start investing, the saying, ‘The first pound works the hardest’ gets used a lot. This is due to the effects of compound interest growing your capital exponentially year on year. This in turn supports that the earlier you start saving into a...
by Gretchen Betts | Oct 24, 2022 | Financial Planning, Pension
If you’re employed, your employer must provide a pension that both they and you pay into, unless you opt-out. This has been in place since 2012 and most employers had to comply by 2017. As a result, most of us will have more than one pension, usually as a result of...
by Gretchen Betts | Sep 20, 2022 | Financial Planning, Investments, Pension
This is something we get asked a lot and we understand why! The different financial labels really don’t help in understanding what these things are, how they differ and how they are the same. So, are they the same, or different? The short answer is that they are...
by Gretchen Betts | Jun 20, 2022 | Financial Planning, Pension
This is a question we get asked a lot, usually because people are concerned that it will “die with them” and leave their family with a hole in the household income. What happens depends entirely on the type of pension you have. For ease of understanding, we’ve broken...
