Each year, the UK government spends £96 billion on the State Pension. Around 12 million people receive this benefit and, according to Department for Work and Pensions figures, benefit income…
Pensions
Recent figures revealed that in the year to the end of March 2019, almost half of all pension pots were accessed without the holder taking any regulated advice. The data…
Pensions have always been complex. Added to this, the arena of divorce can also be a legal and emotional minefield. When legislation changed to allowed ‘pension sharing’ on divorce, dealing…
Since its release in early July the advisers here at BlueSKY have been busily picking their way through the recently published Pensions Advisory Group (PAG) Report, A Guide to the…
Final Salary pensions are often seen as gold-plated and an attractive way to fund retirement. However, a number of people are choosing to transfer out of these pensions in favour…
A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair – Niccolo Machiavelli (Italian writer 3 May 1469…
If you were a member of a Final Salary pension in the 90s, a landmark High Court ruling could mean you are in for a windfall. It was recently decided…
Pension Freedoms represented a major shift in the way you can take pension income. Coming in to effect in 2015, you now have the ability to withdraw as much of…
WS v WS: Pensions experts’ review: The case for pension experts The case for pension experts In the recent case of WS v WS [2015] EWHC 3941 (Fam), a judgment was…
Pensions & Employer Auto Enrolment The law on workplace pensions has changed and every employer with at least one member of staff now has new duties including automatically enrolling eligible…