Some over 55’s complain “We can’t access pension cash”

This week’s press have focussed heavily on government reforms to pensions, which came into force from 6 April 2015. Individuals over the age of 55 now have the freedom to “draw down” as much, or as little, income as they want from their pension funds. Read more…

Second-hand Annuities

SECOND-HAND ANNUITIES Is the idea of allowing pensioners to cash-in their annuities a top-notch idea or a looming catastrophe? WHAT IS HAPPENING? In this year’s Budget, George Osborne confirmed that pensioners who had already bought an annuity would be able to cash-in the product by Read more…