Latest News: Uncategorised

News and views - articles covering the latest Teachers Pension, Teachers AVC and general financial planning news.

Page

Have an urgent Pension question?

04/11/2019 Racheal Smith

Sometimes some questions are pressing, and you do not have time to search through FAQs. You are aware that you can phone the Teachers’ Pension Scheme or maybe even contact an independent advisor.�[...]

Teachers’ Pension: qualifying for ill-health retirement

01/10/2019 Racheal Smith

There is nothing more shocking than finding out that you are incapable of continuing work in the classroom. You are a teacher and always wanted to be a teacher. Therefore, to be told that you are [...]

What is a death grant?

04/07/2019 Racheal Smith

The in-service death grant defined The death grant is also known as the in-service or out-of-service death grant. The in-service death grant is a payment made to your next of kin in the event of y[...]

FCA: consultation on plans to change mortgage advice rules

24/06/2019 Racheal Smith

If the plans proposed by the FCA are approved, then homeowners could soon enjoy more choice when selecting a mortgage. The FCA is consulting. They are seeking to investigate if the organisation's[...]

Pension Freedoms: an increase in pension withdrawals

23/06/2019 Racheal Smith

According to FCA statistics, the total amount of withdrawals from pensions has risen since April 2015 when the pension freedom laws were passed. An increasing number of people aged 55 or over have b[...]

The Importance of Retirement Saving

31/05/2019 Racheal Smith

The idea that time flies seems like an urban myth when you are young. However, you get to a certain age, and it can feel like you went to bed in January and woke up in May. With what seems like no[...]

You may be young, but that doesn’t mean you can go unprotected

05/05/2019 Racheal Smith

It is easy to feel secure when you are young. The prospect of end-of-life issues and concerns seem a long way off. However, your financial advisor would likely want to encourage you to take out in[...]

Are you claiming tax-free childcare?

02/05/2019 Racheal Smith

Only a small proportion of families in the UK are claiming tax-free childcare, according to data released in December 2018 by the Government. The Department of Children and Families claimed that a mer[...]

Is there such a thing as teacher mortgages?

28/03/2019 Racheal Smith

Did you know that in the US you can get impressive deals as a teacher? You can get up to a 50% discount on a home in the “Good Neighbor Next Door" scheme, and there are savings for "Heroes", which i[...]

A need for better education in financial planning?

27/03/2019 Racheal Smith

The problem in need of a teacher of financial planning The BBC in March 2018 declared there was a striking weakness in adult financial skills. Reporting on a study by Cambridge University and Unive[...]

Are you thinking of moving to a new house?

13/03/2019 Racheal Smith

Moves are afoot to help manage rises in house-prices. The government are to consult on a new stamp duty surcharge. This research focused on understanding why people struggle to get on the proper[...]

GDPR: Your data rights

05/03/2019 Racheal Smith

What is GDPR? General Data Protection Regulation (GDPR) is an EU regulation that puts an umbrella over the data privacy laws in member countries. This idea brings all nations within the same regu[...]

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[...]

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[...]

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[...]

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[...]

Page

Teachers Financial Planning Limited is an appointed representative of LJ Financial Planning Limited which is authorised and regulated by the Financial Conduct Authority. Financial Services Authority firm registration number 552276. Content on this website is provided for information purposes only and should not be considered advice. The information contained within this website is subject to the United Kingdom regulatory regime and is therefore primarily targeted to consumers in the United Kingdom. Registered in England & Wales 07612896. Registered Office: St James Business Centre, Wilderspool Causeway, Warrington, WA4 6PS. Calls to 08452 69 69 90 cost 5p [or 5p per minute] plus your phone company's access charge.

Website designed and developed by Carpe Diem