Quantitative Easing Your Annuity Income
Will inflation rear its ugly head and hammer the value of fixed annuity income?

Pensions Deficit Tops £300 Billion for FTSE 100 Companies
More than £300 billion is needed by pension scheme trustees of FTSE 100 companies to plug deficits in their schemes more than double the estimated aggregate deficit of £130 billion at the start of the year, according to new estimates.

State Pension Payment Alert   
About a quarter of a million people who make voluntary National Insurance contributions (NICs) each year should think again, the government has said.
 
Final Salary Pension Cuts   
A large pension consultancy firm – Aon recently announced that it plans to cut its contributions to its workers' pensions. 

 

Normal Minimum Pension Age

Generally, scheme rules must not allow members to take any pension benefits from any registered pension scheme before they reach the normal minimum pension age. The normal minimum pension age for a member is

There is no HMRC requirement that the member must retire before benefits can be taken.

Members may take benefits from different schemes or part of an arrangement within the same scheme at different times. For example, a member may take their additional voluntary contributions (AVC) benefits at age 55 whilst continuing in employment and then take their main scheme benefits at age 60.

There are separate rules for pensions paid due to ill-health.
Pension Zone 3 Station Road, Borough Green, Sevenoaks, Kent, TN15 8ER     Telephone. 0800 294 2300   Fax. 01732 881213    Email. dmcclure@aaltd.co.uk,mikehardyifa@gmail.com
Authorised and Regulated by the Financial Services Authority FSA No.402725 Registered Address: 3 Station Road Borough Green Sevenoaks Kent TN15 8ER. Registered in England. Registration No.3694074