All posts by Credence

Are You Fully Aware of the Tax Impl...

TAX

Back in 2015, the government introduced the pension freedoms act. Research by Old Mutual has shown that in the first two months, a staggering £72.8m in tax was generated due to these freedoms. This is equivalent to an annual tax boost of nearly half a billion pounds, significantly higher than expected. It was originally feared … Continue reading Are You Fully Aware of the Tax Implications on Your UK Pension?

How to transfer your UK pension to ...

sanddunes

Qualifications to transfer UK pensions to an Australian QROPS Self-Managed Superannuation Fund (SMSF) 55 plus Individuals should be 55 years of age and above but not beyond 65 years unless employed in Australia Only certain schemes that are not ‘in payment’ can be transferred. They are: private pension schemes, Self-Invested Personal Pensions (SIPPs), and final … Continue reading How to transfer your UK pension to Australia (Updated 2018)

Are You Fully Aware of the Death Be...

the ocean

Knowing the type of personal pension that you have is key to understanding what will happen to your pension in the event of your death. The type of your scheme, as well as whether you have already begun to draw the pension, will determine what your partner, children and any other beneficiary will receive. In … Continue reading Are You Fully Aware of the Death Benefits on Your UK Pension?

Page 1 of 24
1 2 3 24