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Wealth Knowledge – April 2018
- 19th April 2018
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsUK’s total pension liabilities surge by £1trn since 2010 The total liability of the UK’s pension system increased by £1 trillion in the five years to 2015, according to figures from the Office for National Statistics (ONS). The statistics reveal the total pensions bill across the UK grew from £6.6 trillion to £7.6 trillion over
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Changes to auto-enrolment
- 19th April 2018
- Posted by: shayne
- Category: Pension
Changes to auto-enrolment Minimum employee contributions to treble in April 2018. Most people in full-time employment are used to sacrificing 1% of their monthly pay packet in return for their employer matching the contribution into their workplace pension. Depending on your employer’s staging date, that scheme’s been in place since 1 October 2012 and you
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Drawdown
- 19th April 2018
- Posted by: shayne
- Category: Pension
Drawdown Flexibly accessing your pension through income drawdown. After years working hard to build up your pension pot, you’ll naturally want to make the most of it when it’s time to retire. There are several options on the market, and since the government’s introduction of pension freedoms in 2015, you have even more choice about