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September 29, 2021

Pension Drawdown Calculator – Make your pension Last

Pension Drawdown Calculator

Pension Drawdown Calculator The pension freedoms that brought us the concept of Pension drawdown rather than being forced to choose an annuity are generally welcomed as a great improvement in terms of choice. With these freedoms comes a degree of danger and a Pension Drawdown calculator is very helpful in establishing how much can be […]

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September 29, 2021

HMRC Pension Drawdown Rules – Avoid Tax penalties

HMRC Pension Drawdown

HMRC Pension Drawdown Rules The rules regarding pension Drawdown are quite clear. You are allowed 25% of your fund Tax-Free anymore and the HMRC will start to impose penalties. There are many factors to consider when it comes to how much you should take, when and how to do it in the most tax-efficient manner. […]

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September 19, 2021

Retirement Homes – A good idea or a poor investment

Retirement Homes Retirement homes offer many attractions to the elderly especially those who are active. No more property maintenance no more hassle finding and getting repairs done, A community of similar ages residents etc. However, exit fees, often higher than 10%, service charges and other costs are a big drawback. Figures from Rightmove suggest that […]

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September 15, 2021

Banks Scams – 73% of complaints were upheld.

Bank Scams

Banks Scams A report by Which. Banks are expecting too much from their customers. Financial Ombudsman Service (FOS) data indicates that banks are getting most of these decisions wrong: 73% of complaints about APP fraud were upheld in favour of consumers in 2020-21. Read more: Read More on the Which Website. . . Latest Personal […]

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September 14, 2021

Bank Switching Bonus Offers

Bank Switching Bonus Offers

Bank Switching Bonus Offers Banks are offering deals to get you to switch. The Times Money Mentor has an excellent article here as starting point for establishing which deal is best for you. Read More on the The Times Money Mentor Website. . . Latest News Feed from YourMoney | Subscribe to our Newsletter | […]

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