Phone Yash Tosar:
01908-523-420
11 Furzton Lake
Shirwell Crescent
Milton Keynes MK4 1GA
Pension Deadline Looms
The minimum age from which you can claim tax free pension cash is coming up quick. On 6 April 2010, the age at which you can withdraw your pension benefits increases to 55.
To make sure you don't miss the deadline, you need to act now. Contact me.
Should you have Property in your SIPP?
An article in Times Online warns against chasing income in Self Invested Personal Pensions (SIPPs) by investing in such exotic assets as hotels and football stadiums. Click the link and read the full story.
If you're concerned about the state of your SIPP, give me a call on 01908-523-420 and I'll take a look at it for you.
Conservative Party Pension Age Increase
The Tories have suggested an increase in age for men to 66 from 2016, and 2020 for women. They believe this will reduce the cost of pensions to the government of £13 billion per year.
IOD Causes Controversy
The Institute of Directors (IOD) have said the UK pension age should rise to 70. Trade Unions have said this will cause suffering to workers, especially manual workers.
Pensions Lawyer to Raise Profile of Pension Issue
A well-known pensions lawyer may launch a new own political party to create more electoral publicity for pensions. Named The 'U' Party, likely policies include...
- Merge the two state pensions system
- Simplify the private pensions system and reduce the regulations from a staggering 50,000 pages down to 50
- Look at the current pensions tax structure