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 avoid an ISA tax charge? 25/02/2019 Racheal Smith Is it possible that you could be paying tax unnecessarily on an inherited ISA? There is a tax break intended to help bereaved partners, whether this is a spouse or a civil partner. The tax break w[...] Tagged in Bereavement, ISA Tax Read more Over 50s consider a transition to retirement 23/02/2019 Racheal Smith Opinium, in collaboration with Aegon, has polled over a thousand over-50s professional, earning £20k or more. They found that almost half of these workers would prefer to adapt the hours they work be[...] Read more Enhancing the money from your Teachers’ Pension Scheme 22/02/2019 Racheal Smith You are clear you want to leave teaching. It is a career that demands a lot of our physical and our emotional energies. Each year the pace and the pressures take their toll and the holidays no lon[...] Tagged in Financial Adviser, Retirement Read more Ways of using your lump sum when you retire 21/02/2019 Racheal Smith What is the Teachers' Pension Lump Sum? If you entered teaching on or after 1st January 2007, you are part of a Final Salary or Career Average arrangement for your teachers' pension. These schemes [...] Tagged in Lump Sum, Retirement Read more What does it mean to financial plan? 16/02/2019 Racheal Smith Teaching is one of those professions where people tend to be less worried about money and be more concerned with job satisfaction. This is a general rule, but one that experience has shown us to be [...] Tagged in Financial Adviser Read more The most frequently asked questions about teachers’ pensions 01/02/2019 Racheal Smith When it comes to answering questions, advisors working in the sector around teachers' pensions tend to see a pattern of questions they see. From Teachers' Pension contributions to retiring early, th[...] Tagged in Teachers Pension Scheme Read more Is the Scottish Teachers’ Pension Scheme different? 31/01/2019 Racheal Smith The Teachers’ Pension, UK is thought to be a generous scheme. It is one that offers the opportunity for a comfortable retirement. Moneywise list a teachers’ pension in the top 10 jobs to have[...] Tagged in Teacher Pension Read more Schools face drastic rise in pension contributions 30/01/2019 Racheal Smith Proposed Teachers Pension Increase 2019 HM Treasury has undertaken a valuation of public sector pension schemes, including teachers' pensions. UK schools, as a result, are set to face a sub[...] Tagged in Contributions Read more Have you written a Will? 26/01/2019 Racheal Smith According to a survey by Royal London, more than half of us have yet to write a Will. A Will is a means of providing for our beneficiaries or for the causes we wish to support. It also includes in[...] Tagged in Estate Planning, Will Writing Read more Flexibilities 24/01/2019 Racheal Smith There are more ways to increase your pension than you might think. You may have heard about Additional Voluntary Contributions (AVCs) run by Prudential, which is an extra fund that you pay through y[...] Read more All about AVCs 22/01/2019 Racheal Smith Additional Voluntary Contributions (AVCs) for teachers are a means of boosting your financial health in retirement. As the name suggests, these are additional payments you may wish to contribute vol[...] Tagged in AVCs, Pension Contributions Read more Do you know your pension age? 18/01/2019 Racheal Smith According to a YouGov survey, which polled over a thousand adults approaching retirement, many do not know the state pension age. This is significant for those teachers in the CARE scheme, as your p[...] Tagged in NPA, Pension Age Read more Making the most of MPO 16/01/2019 Racheal Smith MPO or My Pension Online is a portal on the Teachers Pensions Scheme (“TPS”) website. TPS offer this dashboard as a means of providing key information about your pension, as well as offering y[...] Tagged in Online, Pensions Read more Digital Inheritance Tax System Needed 15/01/2019 Racheal Smith If you have ever had to complete forms for inheritance tax, then you will be aware that it can be complicated. The Office for Tax Simplification (OTS) has identified this as a problem that they have[...] Tagged in Inheritance, Pension, Tax Read more Tax Return Due? 13/01/2019 Racheal Smith It is the time of year when your tax return is due. This is relevant to people who earn money in addition to teaching and/ or outside the PAYE scheme. As it is January, it is a useful time to off[...] Tagged in Tax, Teachers Pension Read more Are teachers in danger of falling prey to pension scams? 04/01/2019 Racheal Smith Fortunately for teachers, there is little chance of you falling prey to scams, as the money within the teachers' pension scheme is non-transferable. However, if you have an Additional Voluntary Cont[...] Tagged in AVC, Protection, Teachers Pension 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