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
Using a teachers’ pensions calculator 28/05/2019 Racheal Smith Why do I need a teachers’ pensions calculator? Making decisions about your Teachers’ Pension Scheme can be challenging, so a pensions calculator is essential. You often need to work out how muc[...] Tagged in Pension Calculators Read more Should I take my pension lump sum? 28/05/2019 Racheal Smith When you are approaching retirement, you will have lots of decisions to make about your pension scheme. One of these decisions is whether you should take your lump sum or not. What is a tax-free lu[...] Tagged in Lump Sum Read more Is a teachers’ pension good? 27/05/2019 Racheal Smith Some background details If you start with the teachers’ pension scheme today, you will be joining a career average scheme. Basically, this means you will receive a pension worked out as an averag[...] Tagged in Teachers Pension Read more Are you new to the teachers’ pension scheme? 26/05/2019 Racheal Smith If you are just starting in the teaching profession, then you will also be new to your pension. The Teachers' Pension Scheme offers support to those starting in the scheme. They call this Pension [...] Tagged in NQT, Teachers Pension Read more Reclaiming overpaid tax 25/05/2019 Racheal Smith It always feels painful to pay tax in the first place. Imagine if you have paid too much. If you are a PAYE taxpayer or you complete a self-assessment, you could qualify for a tax rebate. In th[...] Tagged in Tax Read more Pension dashboard gets the go ahead 24/05/2019 Racheal Smith The Department for Work and Pensions (DWP) have announced that proposals intended to support developments of a pensions' dashboard now exist. Expectations are that industry models will be released l[...] Tagged in Pension Dashboard Read more Are you being taxed on your state pension? 23/05/2019 Racheal Smith According to Royal London, there are around half a million people who could be paying tax on their state pension. The mutual insurer goes on to claim that, in 2017, 1.1 million people over 65 were i[...] Tagged in State Pension, Tax Read more Brexit for those retired and living overseas 07/05/2019 Racheal Smith With all the chaos surrounding Brexit, it is essential to have some certainty. The Teachers' Pension Scheme report that those living overseas will continue to be paid their pension as usual if the U[...] Tagged in Teachers Pension Read more What happens when you retire? 05/05/2019 Racheal Smith You have likely been in post for a while. Your financial security has been relatively secure, as you have received a monthly salary. For all the challenges of being a teacher, financial security i[...] Tagged in Early Retirement Read more You may be young, but that doesn’t mean you can go unprotected 05/05/2019 Racheal Smith It is easy to feel secure when you are young. The prospect of end-of-life issues and concerns seem a long way off. However, your financial advisor would likely want to encourage you to take out in[...] Tagged in Insurance Read more The types of retirement 04/05/2019 Racheal Smith If you are planning retirement and wondering when you can access your Teachers' Pension, you first need to know something about the types of retirement. Some of these retirement types can be planned[...] Tagged in Retirement Planning, Teachers Pension Scheme Read more Could you qualify for extra income in retirement? 03/05/2019 Racheal Smith We are always seeking ways of helping you make your life more comfortable in retirement. Your teacher's pension scheme may offer you a generous pay out in retirement. However, when life is challen[...] Tagged in Pensions' Annuity, Teachers Pension Scheme Read more Are you claiming tax-free childcare? 02/05/2019 Racheal Smith Only a small proportion of families in the UK are claiming tax-free childcare, according to data released in December 2018 by the Government. The Department of Children and Families claimed that a mer[...] Tagged in Tax-Free Childcare Read more Teachers’ Pensions Valuation Report 01/05/2019 Racheal Smith Every four years the Teachers' Pension Scheme undergoes a valuation, along with all unfunded public service pension schemes. The Government Actuary’s Department is responsible for the valuation. [...] Tagged in Pension Contributions Read more Teachers’ Pension Scheme Board 30/04/2019 Racheal Smith About the board In 2015, the Teachers' Pension Scheme Pension Board was established to offer extra assurance to members, employers, taxpayers, and the government. The board provides evidence that[...] Tagged in Teachers Pension Read more The latest news on auto-enrolment 25/04/2019 Racheal Smith For those teachers working outside the state sector auto-enrolment is a genuine concern. Tutors working for alternative education providers, teachers in the private sector, and many others, will be [...] Tagged in Auto-enrolment, Pensions 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