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
Are you paying unnecessary pensions’ tax? 22/04/2019 Racheal Smith There has been a lot of noise in the media about older workers falling in a pension tax trap. An analysis by a mutual insurer revealed this impacts approximately half a million workers. The worker[...] Tagged in Pensions, Tax Read more Teachers’ Pension Contribution Band increase 05/04/2019 Racheal Smith You may be a little lighter in your salary after April 1st, 2019. The contribution rates for your Teachers' Pension Scheme are going to increase by 2.4%, which is a significant sum each month. Thi[...] Tagged in Contributions, Teachers Pension Scheme Read more Will you need your Teachers’ Pension Scheme earlier than planned? 04/04/2019 Racheal Smith It might interest you to learn that half of the pensioners retired earlier than planned. You may have a solid plot line to your route into retirement. However, we are not always in charge of circu[...] Tagged in Early Retirement, Planned Retirement, Teacher Pension Scheme Read more Changes to the opt-out form 03/04/2019 Racheal Smith The opt-out form procedures have changed. Before if you elected to opt out the time for this would be linked to when the Teachers’ Pension Scheme received the form. From February 2019 this timin[...] Read more Are there such a thing as teacher mortgages? 28/03/2019 Racheal Smith Did you know that in the US you can get impressive deals as a teacher? You can get up to a 50% discount on a home in the “Good Neighbor Next Door" scheme, and there are savings for "Heroes", which i[...] Tagged in Teachers Mortgages Read more A need for better education in financial planning? 27/03/2019 Racheal Smith The problem in need of a teacher of financial planning The BBC in March 2018 declared there was a striking weakness in adult financial skills. Reporting on a study by Cambridge University and Unive[...] Tagged in Teachers Financial Planning Read more Over 50s are working longer? 19/03/2019 Racheal Smith According to data from the Office for National Statistics (ONS), there is a record number of people continuing to work well into their 50s. There are now well over 10 million over-50s in employment [...] Tagged in Retirement Read more Cashing in but losing out? 17/03/2019 Racheal Smith The Financial Conduct Authority (FCA) has issued a stark warning to pensioners. They claim that savers could be missing out on their retirement income when they choose to access pension freedoms. Th[...] Tagged in Drawdowns, Teachers Pension Read more Teachers’ Pension claimed? 10 ways to spend your retirement 15/03/2019 Racheal Smith You may not think you need help to know how to spend retirement. You might have spent every day for the last few years imagining everything you will do and now you have your Teachers’ Pension – [...] Tagged in Retirement, Teachers' Pension Lump Sum Read more Pension contributions to rise 15/03/2019 Racheal Smith The minimum workplace pension contributions are set to rise to 5%. Most employers will experience a rise in contributions this year, increasing from 3%. It will impact all employees between 22 and[...] Tagged in Pension Contributions Read more Are you thinking of moving to a new house? 13/03/2019 Racheal Smith Moves are afoot to help manage rises in house-prices. The government are to consult on a new stamp duty surcharge. This research focused on understanding why people struggle to get on the proper[...] Read more The Survivor’s Benefit 08/03/2019 Racheal Smith It has now been a year since the Government felt it essential to reconsider survivor's benefits in the Teachers' Pension Scheme. A legal case: Walker v Innospec, raised issues about who should recei[...] Tagged in Benefits Teachers' Pension Scheme Read more What happens if you take family leave? 06/03/2019 Racheal Smith As a teacher, you are aware that you have a generous pension scheme. You may also feel that it is time to take a break from service when your children arrive. Any gap in service is going to impact[...] Tagged in Family Leave Read more GDPR: Your data rights 05/03/2019 Racheal Smith What is GDPR? General Data Protection Regulation (GDPR) is an EU regulation that puts an umbrella over the data privacy laws in member countries. This idea brings all nations within the same regu[...] Tagged in Data, GDPR Read more Time to start applying for retirement? 04/03/2019 Racheal Smith Have you decided that this is the year you will retire? Anyone can retire after the age of 55, with a pension that is actuarially adjusted, or you can retire with your full pension if you have reached[...] Tagged in Retirement, Teachers Pension Scheme Read more A ban on pensions cold-calling 27/02/2019 Racheal Smith Last month a ban on cold-calling came into effect. Cold-calling is a solicitation of a potential customer, when this person has had no prior contact with a salesperson. In contrast, warm-calling [...] Tagged in 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