Monthly Archives: April 2016

Groups Call For Mandatory Pensions Advice

Apr 25, 2016 |

Only about one out of five people use the Pension Wise service provided by the government. The Labour party has called for mandatory pensions advice for retirees and individuals about to retire to avoid losing their money to taxes and scammers. According to Labour Shadow Secretary of State for Work And Pensions said there is […more]

Underfunded Public Sector Pensions Has Everyone Pay £53k

Apr 20, 2016 |

over £1.85 trillion liabilities in public sector funds, about every UK citizen will have to pay £53,822 for every man, woman and child in the United Kingdom. According to The Adam Smith Institute, the £1.85 trillion “hidden debt time bomb” is made up from the underfunded pension payments for government workers, losses from unpaid student […more]

Plenty of Elders Still Not Listening Over Pension Scam Advice

Apr 13, 2016 |

According to Citizens Advice, nine out of ten UK citizens over the age of 50 fail to spot the warning signs that their pension review service could be a scam. The report, named as “Too Good To Be True” shows that most Britons lack the confidence to have financial advisers or fail to see the […more]

Two Crucial Tax Changes For Pensions and Savings This Year

Apr 8, 2016 |

You’ve saved enough money but the taxman gets more out of it. If it weren’t for huge pension withdrawal taxes, almost every UK pensioner might have withdrawn their money. But taxes are a part of life. Seeing reductions, though, is a great story. You need to save enough money for yourself and these two crucial […more]