Q. I am a deferred member of a final salary pension scheme (my employer having closed the scheme to future accrual approximately two years ago). I have received a letter that states that my employer is conducting an “early retirement exercise” and that they wish to make me an offer as part of that exercise. … Read more »
Q. I am approaching retirement but I do not feel ready to give up working just yet. I had planned to continue working beyond my normal retirement age, deferring both my occupational and state pensions in order to receive a higher pension when I do decide to retire. However, my wife has suggested that, due… Read more »
Q. I have heard that the government is planning to sell its stake in the part-nationalised banks. Is this true and, if so, will I have the opportunity to purchase shares? A. George Osborne, the Chancellor of the Exchequer, announced recently that the government is considering selling its shares in Lloyds Banking Group. However, it… Read more »
Q. I have heard a rumour that the government is set to reintroduce the married couples’ allowance. Is this correct? A. Not exactly. David Gauke, the Treasury Minister, has written a letter to Conservative MPs insisting that tax breaks for married couples will be introduced before the next election (meaning that, if it is to… Read more »
Q. I am approaching retirement and expect to save a considerable amount in the next five years in order to boost my pension. I read an article recently that stated that the lifetime allowance is set to be reduced and, if that is correct, I suspect that my pension savings may exceed the lifetime allowance…. Read more »
