pension
Coverage of pension in the Nexus archive.
- Surge in demand for annuities as retirees look to swerve inheritance tax on their pension: Are they worth another look?
Retirees are increasingly seeking annuities to avoid inheritance tax on their pensions. The article questions whether annuities are worth reconsidering given this trend.
- Retiree who restored an outbuilding in her garden as a holiday let to top up her pension is now being hit with £9,000-a-year council tax bill
A retiree converted an outbuilding in her garden into a holiday let to supplement her pension but is now facing a £9,000-a-year council tax bill. The council tax increase is linked to the property's use as a holiday let.
- Take this simple step as you approach retirement
The article emphasizes building a cash cushion of one to two years' portfolio withdrawals before retirement to serve as a buffer for unexpected early retirement or expenses. It recommends structuring a 'Bucket 1' cash reserve alongside high-quality bonds (Bucket 2) and equities (Bucket 3), while considering sources like Social Security or pensions to offset living expenses. Tax strategies for holding cash in taxable or tax-sheltered accounts are also discussed.
- My wife's NI number has changed after 50 years, will it affect her pension? STEVE WEBB replies
A wife's National Insurance (NI) number has changed after 50 years, raising concerns about its impact on her pension. The article includes a response from Steve Webb addressing the issue.
- Why your pension has soared 25% in a year… but experts warn the markets could be about to crash. This is what you need to know to keep your retirement nest egg safe and growing
Pensions have increased by 25% over the past year, but financial experts caution that market instability could lead to a crash. The article provides guidance on safeguarding retirement savings amid potential economic shifts.
- Don't rely on property as your pension, investment firm warns as homes are worth less in real terms than in 2016
An investment firm warns against relying on property as a pension, noting that homes are worth less in real terms than in 2016. The firm highlights the decline in property values when adjusted for inflation.
- Six steps I've taken to protect my pension from the AI bubble: ANDREW OXLADE
Andrew Oxlaide outlines six steps he has taken to protect his pension from risks associated with the AI bubble. The article focuses on strategies to safeguard retirement savings amid concerns about artificial intelligence's impact on financial markets.
- I've reached a dead end finding an old pension, what can I do? STEVE WEBB replies
A person has reached a dead end in finding an old pension and seeks advice. STEVE WEBB provides a response.
- My daughter's employer stopped paying into her pension - so why is it still taking money from her salary? STEVE WEBB investigates
An employee's employer has stopped contributing to her pension, yet continues to deduct funds from her salary. Steve Webb is investigating the discrepancy.
- How to stop a stock market crash ruining YOUR retirement: It could be the riskiest time to retire in years - so here are the ways to protect your pension if you're quitting work soon
The stock market is experiencing a potential crash, posing a risk to retirement savings. Retirees can take steps to protect their pensions. Timing of retirement is crucial during this period.
- Worried about your pension? Welcome to the Rule of £300: Try our handy new pension hack that reveals if YOU have saved enough for a comfortable retirement. All you need is a pen and paper!
The article introduces the 'Rule of £300' as a simple method to assess pension savings adequacy for retirement. It suggests using a pen and paper to apply this calculation, offering a practical tool for individuals concerned about their financial future.
- Protect your pension from the inheritance tax raid: What families are doing to fight back and SIX steps experts say you can take NOW
The article discusses how families are protecting pensions from inheritance tax raids and outlines six steps recommended by experts to safeguard assets. It highlights growing concerns about tax impacts on retirement savings and proactive measures being taken.
- Shamed Eric Swalwell and Tony Gonzales slink out of Congress with a STACK of cash and fat pensions
Eric Swalwell and Tony Gonzales, two U.S. Congress members, are leaving office amid public criticism, having accumulated significant financial benefits including pensions and cash. The article highlights their departure as controversial, suggesting they left with substantial personal gains despite being 'shamed' for their conduct.
- Son admits keeping dead mother's body in a chest freezer for over two years so he could continue pocketing her pension to fund his bachelor lifestyle
A son admitted to storing his deceased mother's body in a chest freezer for over two years to continue collecting her pension, which he used to fund his bachelor lifestyle. The case highlights a criminal misuse of funds and neglect of proper funeral arrangements.
- Talks of life: can Israel and Lebanon find peace?
The article discusses potential peace talks between Israel and Lebanon, alongside other topics like Britain's pension challenges and Uzbek football. It highlights ongoing regional tensions and broader global issues.