Q. I am 57. Last November I took out an Income Drawdown plan. After the changes in the budget, can I now cash in the entire fund? A. The answer is possibly. The full flexibility is due to come in from April next year, allowing time for consultation on the exact rules. In the meantime, there are… Read more »
Rutherford Wilkinson in conjunction with members of Trinity Chambers Matrimonial Finance Team, will be delivering a summary on the surprising and unexpected pensions announcements in the 2014 Spring Budget. The session, entitled “A bolt from the blue – Impact of the Spring Budget in matrimonial finance cases”, will offer some views on the financial planning… Read more »
Q. I inherited some shares from my aunt when she died in 2004. I am about to give birth to my first child and I would like to sell the shares in order to top up my maternity pay and to buy equipment for my child. Please can you tell me whether I will have… Read more »
Q. My father died recently leaving behind him a substantial estate, much of which was property and assets that he amassed whilst married to my mother (who pre-deceased him). I was always lead to believe that my father’s estate would be shared between me and my two siblings (and I have seen previous versions of… Read more »
Q. I caught the end of a radio segment recently that seemed to be stating that the rise in the state pension age was being brought forward. Is the correct and, if so, can you elaborate please? A. Certainly. It has been known for some time that the state pension age will rise to 66 in 2020… Read more »