The Lifetime ISA is designed to help people save for their first home or retirement, but with its added government bonus, should you be investing in a LISA or a pension?
If you’ve got some unallocated money, say £1,000, for example, you’re thinking of investing it, and you’re totally new to investing, knowing where to start can be pretty tricky. However, help is at hand. This article has been written to give you some ideas on how to invest 1,000 pounds. Questions to consider before you […]
If you are a qualified teacher working in a state-funded school here in the UK, you will probably have been enrolled automatically in the Teachers’ Pension Scheme. But do you know how much your pension will pay you when you retire? The workings of the scheme are quite complex, but if you would like to […]
Knowing when you qualify for the State Pension can help you plan your financial future and achieve a better quality of life in retirement.
Can I transfer my pension to another person or my wife is a question many of us ask at some point. Once you’ve read this Moneyfarm blog, not only will you know the answer to these questions, but you will also know how to go about doing it. Please, read on. Can I transfer my […]
When it comes to investing your £100,000, follow these five simple tips to maximise your returns.
They say two things are certain in life – death and taxes. Of course, we may begrudgingly pay the taxman his due, but you must ask, “what happens to your private pension when you die?” Budgeting for your retirement could be taxing unless you use suitable tax wrappers, such as ISAs or SIPPs. In this […]
With so many people, “Can I withdraw my pension before turning 55,” we thought it was about time that someone came up with a definitive answer. We, therefore, decided to publish this article to advise readers about the rules regarding pension release, taxation, and when and how much you can withdraw. Before we get into […]
SIPPs (Self Invested Personal Pensions) and workplace pensions are types of tax-wrapping pensions you use to save for retirement. If you’re new to the world of pensions and you are asking yourself, “Can I have a SIPP and a workplace pension simultaneously,” the answer is yes, you can. This Moneyfarm blog has been created to […]