by Gretchen Betts | Nov 1, 2021 | Financial Planning, Pension, Retirement, Retirement
Most people would agree that a ‘good retirement income’ is one that offers them security, that allows them to participate in the activities they want to do and provides them with a comfortable enough standard of living to be happy. Research by the National Employer’s...
by Gretchen Betts | Sep 20, 2021 | Financial Planning, Money, Pension, Retirement
In writing this post I looked for a quote about ‘getting to know someone’, but quickly gave up because it isn’t overly authentic to me. Being authentic, or ‘true to myself’, is one of my personal values. As financial planners it is important that we get to know what...
by Gretchen Betts | Apr 19, 2021 | Pension, Women and finance
At Magenta, when we work with you on your financial and life plans for a secure future, we try to factor in all possible variables such as your current and future income and expenditure as well as any assets and liabilities. We go to great lengths to be as accurate as...
by Gretchen Betts | Oct 5, 2020 | Financial Planning, Pension
Commonly called Pension Freedom, since 2016 people have been able to access and ‘drawdown’ their pension funds from age 55 and to take out money whenever and however, they wish. On the face of it this sounds like a great development – much more flexibility than under...
by Gretchen Betts | May 11, 2020 | Pension
Tapered Annual Allowance Changes since 6 April 2020 – For Better or Worse? Some History The “annual allowance” provides a limit on the total amount that can be paid into a pension within the tax year without a tax charge becoming applicable. The standard annual...
by Gretchen Betts | Feb 3, 2020 | Financial Planning, Pension
It seems that fewer people can afford to move too far away from their family home anymore – in 2017, 32% of adult children were still living with their parents. This means more and more people are maintaining closer geographical ties with their families, as used to be...
