Pension Triviality Rules

Background The government recognises that individuals with very small pensions should be allowed to cash-in the whole fund as a lump sum. This is commonly known as “commutation on the grounds of Triviality”. Normally pension rules dictate you can only take 25% of your...

Can I cash my pension?

There are two main qualifications that you need to fulfill in order to cash your pension in early: You must be aged 55 or over You must have a pension that you are not receiving or paying into (this does not include the state pension) Most pensions can be cashed in...

Get your State Pension Forecast

Do you know how much you are entitled to when you retire? If you want to know how much you could be in line to receive when you retire, then look no further. Here is your quick guide to a ‘State Pension Forecast’. What does your state pension forecast...

Grim Future for UK Pensioners

UK pensions are the lowest of any G7 country. In terms of average national earnings UK pensions are worth a mere 31% . The UK is right at the bottom of the pension earnings list compared to Italy where pensions are worth 68%, 51.2% in France, 41.2% in the United...

Annuity Rates halve in last 15 years

Annuity rates have halved in the last 15 years, meaning that those who are facing retirement within the not too distant future, are looking at daunting prospects. This enormous fall in annuity rates will mean that those about to retire will have to weigh up their...