Fixed retirement income & inflation
Pensioners on a fixed income could lose 60% of their spending power during a 20 year retirement, according to new research from Prudential.
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Pensioners on a fixed income could lose 60% of their spending power during a 20 year retirement, according to new research from Prudential.
New research from Aviva has found that whilst two-thirds of people would not talk openly with their parents about inheritance, 40% of us expect to receive an inheritance in the future.
In my opinion the Teachers’ Pension Scheme is pretty good (let’s start with a bit of an understatement!).
The rising cost of living and volatile investment markets are resulting in retirement dreams being undermined for millions of people.
Nick Bamford explains how an IFA can work with employees to help them select the most suitable funds within their pension schemes.
HM Revenue & Customs has now released guidance and the application form in respect of Fixed Protection for the Lifetime Allowance.
Informed Choice chartered financial planner Martin Bamford was quoted in the Daily Mail yesterday, in an article looking at ways to beat the income squeeze currently experienced by middle-class families.
The Workplace Retirement Income Commission, run by Lord McFall, has found that up to nine million people face a ‘bleak old age’ in retirement due to issues with the private sector pension system.
The government has passed legislation which means RPI-linked annuity income without a ‘floor’ will now count to the Minimum Income Requirement for Flexible Drawdown.
Informed Choice chartered financial planner Nick Bamford comments on the Consumer Focus report looking at personal pension switching.
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