As I’m sure you are aware, today is Budget Day and the Chancellor of the Exchequer has announced some changes to Income Tax rates and thresholds. These have now been fed into the RetireEasy program and this will have had some impact on your LifePlan. Please take a look at your charts and Snapshot to […]

With conventional annuity rates at a record low, interest in Fixed-Term annuities has risen sharply over the last year and this has led to more innovation in this sector which is good news for retirees.

Almost one in five of those planning to retire this year will do so with outstanding debts, according to a Prudential report issued today.

What’s the rate of inflation in your household? Almost certainly not the broad-brush national figures that are trotted out every month. And the problem, says 50+ writer and commentator Tony Watts, is that unless you have a firm grip on the impact of inflation on your outgoings, incomes and assets, it’s very hard for those […]

Christmas is usually associated with buying gifts for loved ones, but this giving spirit may not be shared among many in or nearing retirement this festive season.

Buried away in the reams of pensions legislation is a ‘triviality rule’ allowing pension pots to be taken wholly as a cash lump sum where a retiree’s total pension savings are less than £18,000.  A quarter of the cash sum is paid out tax-free and the remainder is taxable.

On the day the Government announces next year’s Budget day as 21st March it also confirms the removal of Life Assurance Premium Relief effective from 2015. This move will raise very little extra income for the Government but could impact on the retirement plans of hundreds of thousands of retirees.

During the course of this year it has been impossible to escape the doom and gloom headlines that continue to engulf this country. With low investment returns and inflation at an historical high, it comes as no surprise research1 from RetireEasy.co.uk has found the majority of people in or nearing retirement are afraid their money […]

MILLIONS of workers will have to wait a year longer for help with pension saving from employers after the Government announced in yesterday’s Autumn statement it is delaying reforms for smaller firms. Under the incoming auto-enrolment programme, employers will be obliged to automatically enroll any employees who meet certain eligibility criteria in a pension scheme […]

People are living longer, an undisputed fact that could be considered a breakthrough were it not for the serious financial consequences it has in today’s economic climate. The latest figures from the Office for National Statistics reveals the average life expectancy for UK men and women rose again by four months to 78.2 and 82.3 […]