Normal Minimum Pension Age is increasing – are you affected?
What is the Normal Minimum Pension Age? The Normal Minimum Pension Age (NMPA) is the earliest age at which a person can access and take money out of their pension…
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Get Ahead of the Game: Essential Tax Planning Strategies for 2023
With the impact of double-digit inflation, a five-year freeze on most allowances and tax bands, as well as cuts to Capital Gains Tax and dividend allowances looming over the next…
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Closing the Gender Pension Gap
Scottish Widows publish a gender pension gap report each year, and what they found (again) was that women were disproportionately impacted by the rising cost of living compared to men.…
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Aged 45 to 70? Check now to see if you can turn £800 into £5,500 by paying to boost your state pension
Whilst explaining the process, Martin said, “So let me take you through this because it’s not that simple. If you are aged 45 to 70, you need to check ASAP…
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Will the cost-of-living crisis impact people’s decisions around pension contributions?
The perfect storm of our exit from the EU, the global pandemic, and war in Eastern Europe has provided us with a significant inflationary problem – impacting the money that…
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Can financial education help reduce the gender pension gap?
We often hear about the gender pay gap but recently there has been an increasing amount of focus on the gender pension gap. New data’s revealed that more than half…
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Are you encouraging your younger workers to engage with their pension?
It’s safe to assume that many of us place some value on regularly contributing to our pension pots. After all, with advances in healthcare, those born between 2018-20 are expected…
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6 ways to make the most of your pension before tax-year end 2021/22
1. Use up your annual allowance The annual allowance is the maximum amount that you, and others on your behalf, can save into your pension each year without suffering a…
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Menopause-related early retirement affecting women’s pensions
Last month it was reported that the menopause is forcing many women into premature retirement[1]. A government adviser has warned that the number of women that have had to take…
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Retirement planning and your pension – are you seeking advice?
Here at Brunsdon Financial it’s no secret that we strongly believe in gaining sound financial guidance before making any decisions involving your money, particularly when it comes to your pension.…
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