Q. I have a pension through the employer I have just left, where there was a clause allowing retirement after age 50. I am attracted by this, and also the flexibility to draw more benefits early, as my other main defined benefit scheme is not accessible until age 60. Can I transfer to a flexible… Read more »
Q. I am fortunate to have a salary of £140,000 plus a car and other benefits, including a 15% pension contribution on my behalf. As I don’t need my bonus payment, I have often had this paid as a pension contribution in the past. My accountant is telling me that I may want to reconsider… Read more »
Merry Christmas and Best Wishes for 2016 from all at RW. This year rather than sending out cards to our clients we have chosen to make a donation to a great charity Pathways4All’s – Tim Lambs Children’s Centre – take a look at their fabulous work here. We are also supporting the ‘Give a Little… Read more »
Q. I keep reading of the “Triple Lock” for state pensions, it looks like it is a good thing, but what does it mean? A. The triple lock was introduced by the coalition in 2010 and in simple terms is a guarantee to increase the state pension every year by the higher of inflation, average… Read more »
Q. I noticed in the summer budget that tax relief on pension contributions for higher earners was going to be restricted, but didn’t quite understand how. Could you enlighten me please? A. Tax relief on pension contributions will be reduced from 6 April 2016 for those with adjusted earnings over £150,000 per annum. Adjusted earnings… Read more »
