by Martin Dodd | May 1, 2017 | Blog
It is estimated that approximately 800,000 people below the State Pension Age are in receipt of pension income and may be paying tax even though their total income is below the personal allowance. This is according to recent information published by pension provider,...
by Martin Dodd | Jan 28, 2017 | Blog
For the last three tax year’s the maximum amount that could be invested into a pension each year has been set at £40,000 (called the Annual Allowance). However, if you are a higher earner, the amount that can be invested in this tax year that will benefit from tax...
by Martin Dodd | Jan 2, 2017 | Blog
After more than a few decades of advising my clients regarding their financial affairs, it always amazes me how little many couples know about their significant other’s financial position. The reasons are many, ranging from, “we never talk about that sort of stuff” to...
by Martin Dodd | Nov 13, 2016 | Blog
Until recently a transfer out of a defined benefit pension was almost always a complete no-no. But is now the time to consider and transfer and what are the reasons to look at the possibility? Before we get into the possible reasons, it’s important to note that the...
by Martin Dodd | Oct 30, 2016 | Blog
Before we get into “pension freedoms”, how did they come about? Well basically, the decline in pension contributions over the last few decades has in many ways been caused by the decline in annuity rates and their perceived poor value. However, annuities have one...
