Pensions Advice, Retirement Planning - Investment Financial Adviser Dunfermline, Fife, Scotland UK

Posted by William on October 20th, 2008 in Pension Advice

Hi Folks,

it’s a busy, busy Monday but I thought I’d just get this out to you before I go for lunch. I’ve just finished putting the touches to my latest Finance Guide.

It’s called ‘The Salary Sacrifice Insight’. I hope you do find it just that - an insight.

Salary Sacrifice is at it’s heart a simple solution which is helpful to both companies and their staff too. If you’ve a group pension and you wish to encourage take up in it, or you’re an employee and you just want to gain an understanding of exactly what salary sacrifice is it’s worth reading this 11 page page report. You can download it on the link below.

You won’t have to enter an email address either, just click on the image on the next page and your download starts.

www.williamgeorgeifa.co.uk/salary-sacrifice

Until next time, have a great week.

Posted by William on May 9th, 2008 in Pension Advice

Hi everyone,

thought I’d try and bring you a little cheer and as spring begins to blossom into early summer, as with everything - a little sunshine goes a long way. If you’re enjoying your retirement already and planning a round of golf or sneaking off to cast a fly on your favourite loch or chalk stream you already know what it means to be favoured with a good retirement income.

If you’re not quite at that point yet, today’s piece is a little update on what you’ll buy with your pension fund when it matures - mostly that means an annuity.

One upside of the credit crunch is that annuity rates are now at a five year high. Insurers are involved in a rate war with 17 rate rises in the last month alone, with 88% of them propelling upwards. According to Nigel Callaghan from Hargreaves Lansdown the pensions analysts, the yield for a 65 year old male is now 7.66 per cent, 11 per cent higher than the yield 2 years ago which was 6.92 per cent. Product providers fighting for the top spot include Prudential, Legal & General and Scottish Equitable.

Continue reading this post…

Posted by William on May 1st, 2008 in Pension Transfer

Hi folks,

I’ve talked in the past about a certain type of personal pension that’s proven it’s worth for those who prefer to take an active role in managing their own portfolios. Today I want to return to them because I get the feeling that they are often under reported or even maligned a little when they shouldn’t be. As a consequence those of you who are more proactive may decide that the good returns they’ve produced in the past for others are worth considering for yourself in return for a little of your own hands on activity in managing your portfolio.

So what am I talking about?

I mean investing in or transferring to a Self Invested Personal Pension (SIPP) of course.

Here’s why I think they are now good value if you like to feel in control when investing your money.

Continue reading this post…

Posted by William on April 25th, 2008 in Pension Transfer

Hi all,

If you are one of those lucky bodkins with a NHS Pension then this involves you!

However…

I’m in a real rush tonight - I’m off to Wales for the weekend with my daughter who’s competing in a dance competition (such is a Dad’s lot, still she’s worth it!) and there’s a tiny scrap of time left to get this out to you so let’s cut to the chase…

I’ve spoken about the advantages of remaining in certain public sector pension schemes in my recent Pensions MP3 and how it wouldn’t be advisable in most cases to transfer out of such schemes as those provided by the NHS for example.

So today, I’ve an important pensions video from the BMA that you should watch if you have an NHS pension yourself.

It details the recent changes to the NHS plan and the introduction of the new ‘enhanced’ scheme - and covers things like why your contribution rates will increase, how you can improve your benefits by buying more annual payment contributions, what happens if you use the NHS income drawdown facility and whether you should transfer from the ‘old’ NHS scheme to the new improved version that’s here.

If you’re in the NHS I’d say this was required viewing.

Here’s also the link to the very handy NHS Pension Calculator.

All the best and have a great weekend.

William.