Latest News The latest news and views covering the Teachers Pensions, the Teachers AVC and general Financial Planning news. Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Could you be due a tax refund? 24/09/2020 Racheal Smith Recent reports suggest that many pension savers could be due a tax refund after the HMRC revealed that some people had been wrongly taxed. Some people had taken a lump sum from their pension fund and [...] Tagged in Tax Refund Read more Tax and the small lump sum 17/09/2020 Racheal Smith There are tax rules of interest to those teachers with a small pension with the Teachers’ Pension Scheme. A small pension is defined as a fund with the actuarial value less than £10,000. These rule[...] Read more Are you considering a return to teaching? 10/09/2020 Racheal Smith With the current challenges faced by schools, you might think it is time that you should step back into the classroom to help. The future of young people and their learning potential seems under more [...] Tagged in Return To Teaching Read more Why should I worry about an Index? 24/08/2020 Racheal Smith Whenever you read about teachers' pensions – or any pensions come to that – you will find a lot of reference to indexes. It might be that they say your pension is index-linked or that you will rec[...] Tagged in Indexed Amount, Teachers Pension Scheme Read more What is an Earnings Limit? 17/08/2020 Racheal Smith Returning to work after retirement Retirement isn’t for everyone. Some people find being away from the classroom and the exuberance of young people too difficult. It might also be that the amount o[...] Tagged in Teacher Pension Scheme, Teachers Financial Planning Read more What are Career Average pension schemes? 10/08/2020 Racheal Smith The full name of the career average pension scheme, introduced to teachers in 2015, is CARE. It is a Career Average Revalued Earnings scheme. This is a type of defined benefit scheme offered to you by[...] Tagged in Career Average, Teacher Pension Scheme Read more Time to have your say: McCloud 03/08/2020 Racheal Smith It is essential in any democracy that you take the opportunity to have your say. Nothing is more vital to your future than the security of your pension. Soon, the Government are to launch a consultati[...] Tagged in McCloud Judgement Read more Will you be a new starter to teaching in September? 26/07/2020 Racheal Smith Your teacher training year may have been one of the strangest ever experience, but hopefully, you will have completed your training successfully. Certainly, NEU, the teachers' union petitioned hard fo[...] Tagged in Teacher Pension Read more Will the current economic crisis impact my pension? 16/07/2020 Racheal Smith As a teacher, you may feel blessed. Although the profession has never been well paid, the salary continues to come each month no matter the state of the economy. So, with the COVID-19 crisis causing u[...] Tagged in COVID-19 Read more Shaping your future pension 09/07/2020 Racheal Smith We all want a bright future when we retire. The best way to make sure you can enjoy your life after work is to save towards your pension. Each month you and your employer will be contributing to your [...] Tagged in Teacher AVCs Read more Independent Schools and the Teachers’ Pension 02/07/2020 Racheal Smith Independent Schools are not automatically enrolled in the Teachers’ Pension Scheme. The school you work for might opt to join the scheme, as part of their pension requirement. Equally, they may opt [...] Tagged in Independent Schools Read more You have decided it is time to leave teaching 15/06/2020 Racheal Smith Dramatic events can cause us to re-evaluate our position in life. It may be that you have enjoyed this extended period out of school, reconnecting with your family. You may have used the time to start[...] Tagged in Leaving Teaching Read more Need to increase your take home pay? 11/06/2020 Racheal Smith Times are challenging and it may be that you need to boost your salary. It might be that a partner or other member of the household has lost their income and you are now stretching what you earn to co[...] Tagged in Pension Benefits Read more Keeping your pension safe 07/06/2020 Racheal Smith Keeping your pension safe Recently, the Pensions Regulator asked that scheme administrators demonstrate additional vigilance against pension scammers. There are new schemes attempting to lure people [...] Tagged in Scams Read more Thinking of a future in a different country? 31/05/2020 Racheal Smith When all the confusion and chaos in the world has passed, you may think it is time to grab new opportunities. Living and working abroad is an exciting adventure. However, you may worry about what it[...] Tagged in Teachers Pension Scheme Read more Are you thinking of moving on and out of teaching? 24/05/2020 Racheal Smith When we experience a period of disruption and worry, it is not unusual to consider revamping your life. You have likely had an extended time out of the hustle and bustle of a school, and you have beco[...] Tagged in Leaving Teaching, Teachers Pension Scheme Read more Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24