Latest News: Lump Sum

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

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Should I take my pension lump sum?

28/05/2019 Racheal Smith

When you are approaching retirement, you will have lots of decisions to make about your pension scheme. One of these decisions is whether you should take your lump sum or not. What is a tax-free lu[...]

Will you need your Teachers’ Pension Scheme earlier than planned?

04/04/2019 Racheal Smith

It might interest you to learn that half of the pensioners retired earlier than planned. You may have a solid plot line to your route into retirement. However, we are not always in charge of circu[...]

Your Pensions Dashboard

19/12/2018 Racheal Smith

For a long time, the Teachers' Pension Scheme website has had a dashboard. This website is a portal where you can view your pension fund and manage your membership of the scheme. Interestingly, in[...]

Do you know about pension tax?

10/12/2018 Racheal Smith

Before we begin, you need to know that your teacher pension cannot be drawn down early. Therefore, the only part of your pension that is relevant is the voluntary contributions you have been making [...]

Teachers Pension Lump Sum

14/06/2017 Ged O'Neil Bell

It's about this time of the year, that many teachers who are retiring in the summer will need to make the decision on how they will take benefits from their teachers pension - including the pension l[...]

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