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
Retiring Early and the Teachers’ Pension 02/01/2019 Racheal Smith When deciding on retiring early and the Teachers’ Pension Teaching is not one of those professions where it is easy to bide your time into old age. There is little option to gently fall to sleep [...] Tagged in Early Retirement, Pension Read more Retirement Planning 31/12/2018 Racheal Smith When it is time to leave Are you starting to think about retiring? You may be hitting your middle 50s and really starting to feel the wear and tear of the constant battle in the classroom. It may b[...] Tagged in Pension, Planning, Retirement Read more Starting or leaving your teachers’ pension 27/12/2018 Racheal Smith The problem The Teachers’ Pensions Scheme finds itself in an interesting dilemma. Since September it has been the responsibility of the scheme to tell you about your rights and your options with [...] Tagged in Contact Details, Pension Read more Teachers’ Pension Final Salary v Career Average 23/12/2018 Racheal Smith If you are confused about all the different Teachers' Pensions Schemes, and what they mean for you, we are here to give you some basic guidance. Depending on when you began in teaching you will be i[...] Read more How to opt out of the teachers’ pension scheme 21/12/2018 Racheal Smith When you are 25, and you earn about £26,000 a year, and you see 7.4% of your salary disappear into a pension, it is easy to wonder if you should opt out of the scheme. You have been told that your [...] Tagged in Opt Out, Pension Contributions Read more Your Pensions Dashboard 19/12/2018 Racheal Smith For a long time, the Teachers' Pension Scheme website has had a dashboard. This website is a portal where you can view your pension fund and manage your membership of the scheme. Interestingly, in[...] Tagged in Pension Dashboard, Teachers Pension Read more Teachers Pension Actuarial Reductions 11/12/2018 Ged O'Neil Bell There is something you need to know about the Teachers Pension and Actuarial Reductions. This is the impact on your pension when you decide to take early retirement. My Pension Online (MPO) - the o[...] Tagged in Early Retirement, Teachers Pension Read more Do you know about pension tax? 10/12/2018 Racheal Smith Before we begin, you need to know that your teacher pension cannot be drawn down early. Therefore, the only part of your pension that is relevant is the voluntary contributions you have been making [...] Tagged in Teachers AVC, Teachers Pension Read more Divorce And Your Pension 10/12/2018 Racheal Smith From 29th October 2018, there was a suspension of calculations relating to pensions on divorce. We want to start by giving an important disclaimer: this is a time when you should get financial and l[...] Tagged in Divorce, Teacher Pension Read more Actuarial Reduction And The Teachers Pension 10/12/2018 Racheal Smith Actuarial Reduction And The Teachers’ Pension There is something you need to know about actuarial reduction & the Teachers’ Pension. This is the impact on your pension when you decide to [...] Tagged in Actuarial Reduction, Early Retirement, Teachers Pension Read more Teachers Pension Lump Sum 14/06/2017 Ged O'Neil Bell It's about this time of the year, that many teachers who are retiring in the summer will need to make the decision on how they will take benefits from their teachers pension - including the pension l[...] Tagged in Pension Lump Sum, Teachers Pension Read more Teachers Are Working Longer – Evidence Required 08/09/2015 Ged O'Neil Bell A review is to take place to gather evidence which can be used to examine the impact on teachers of working longer and identify potential mitigating actions. Discussions have taken place as part o[...] Tagged in Later Retirement, Teachers Pension Read more Teachers Pension Transfer Update 26/08/2015 Ged O'Neil Bell Further legislation preventing the transfer-out of benefits from unfunded DB schemes to DC schemes comes into effect from 7 September. Legislation that prevents the transfer-out of benefits from un[...] Read more Annual Allowance Changes 12/08/2015 Ged O'Neil Bell In the 2015 Summer Budget, changes to the annual allowance (the maximum value of pension you can earn in a year without incurring tax penalties) were announced. The key changes will not apply until th[...] Read more National Insurance Changes 08/07/2015 Ged O'Neil Bell HMRC will be changing the rate of National Insurance contributions teachers will be paying from April 2016. This is due to the end of contracting-out for defined benefit schemes, including the Teacher[...] Read more Transfer News: EEA QROPS 03/07/2015 Ged O'Neil Bell Teachers' Pensions will be writing out to members whose application to discharge their benefits to QROPS schemes was received by Teachers' Pensions on or after 6 April 2015. Recent legislative chan[...] 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