Author archive for somervillefs

Accessing your entire pension flexibly How your future looks will ultimately be determined by having the right vehicle in place…

Annual and lifetime limits When it comes to managing money, one of the things some people find most difficult to…

Putting a value on your pension savings in the future The pension lifetime allowance is a limit on the value…

New changeover arrangements designed to be simpler than the old system The State Pension changed on 6 April 2016. If…

Building up a pot of money to provide an income in retirement With a defined contribution pension, you build up…

Paying out a secure income for life which increases each year A defined benefit pension scheme is one where the…

Saving tax-efficiently for retirement A personal pension is a type of defined contribution pension. You choose the provider and make…

Providing greater flexibility with the investments you can choose A self-invested personal pension (SIPP) is a pension ‘wrapper’ that holds…

Managing your retirement savings in one place By the time we have been working for a decade or two, it…

More choice and flexibility than ever before Under the pension freedoms rules introduced in April 2015, once you reach the…