News.

WEALTH at work has once again been acknowledged as one of the 1000 Companies to Inspire Britain by the London Stock Exchange Group.  The report recognises […]

New figures from HMRC[1] show 347,000 people withdrew from their pensions throughout July, August and September 2020. This is a 6% increase on the same figures from last year, and a 2% rise compared to the previous three months, which is not the usual seasonal pattern.

redundancy pay from scams Given the many recent redundancies announced, it is inevitable that as coronavirus continues, more redundancies are likely. Scammers often see turbulent times […]

WEALTH at work provides ideas on how to manage your finances should you find yourself facing a reduced income through redundancy or a change in your […]

The ban on contingent charging for defined benefit (DB) pension transfers, where financial advisers only get paid if a transfer goes ahead, takes effect from 1 […]

The Government’s Coronavirus Job Retention Scheme ends on 31 October 2020 in which a third of the UK workforce were furloughed. Given the global impact of […]

With many household incomes under pressure following the impact of coronavirus, it may be tempting for those aged over 55 to consider withdrawing from their pension […]

The impact COVID-19 has had on pension savings and the fact that many household incomes are under extreme pressure means individuals are now at greater risk of falling for a scam.

There are many advantages to choosing to use income drawdown to access your pension, one of the main ones is being able to access your assets in the most tax efficient manner.

Due to the global stock market volatility and the fact that household incomes are coming under extreme pressure, people aged 55 or over may be tempted to access their pension.