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Latest News: Tagged Pension Contributions

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

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Teachers’ Pensions Valuation Report

01/05/2019 Racheal Smith

Every four years the Teachers' Pension Scheme undergoes a valuation, along with all unfunded public service pension schemes.  The Government Actuary’s Department is responsible for the valuation. [...]

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Pension contributions to rise

15/03/2019 Racheal Smith

The minimum workplace pension contributions are set to rise to 5%.  Most employers will experience a rise in contributions this year, increasing from 3%.  It will impact all employees between 22 and[...]

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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[...]

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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 [...]

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