News - Page 25 of 29 - Teachers Financial Planning

Cashing in but losing out?

17/03/2019 Racheal Smith

The Financial Conduct Authority (FCA) has issued a stark warning to pensioners. They claim that savers could be missing out on their retirement income when they choose to access pension freedoms. Th[...]

Teachers’ Pension claimed? 10 ways to spend your retirement

15/03/2019 Racheal Smith

You may not think you need help to know how to spend retirement. You might have spent every day for the last few years imagining everything you will do and now you have your Teachers’ Pension – [...]

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[...]

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[...]

The Survivor’s Benefit

08/03/2019 Racheal Smith

It has now been a year since the Government felt it essential to reconsider survivor's benefits in the Teachers' Pension Scheme. A legal case: Walker v Innospec, raised issues about who should recei[...]

What happens if you take family leave?

06/03/2019 Racheal Smith

As a teacher, you are aware that you have a generous pension scheme. You may also feel that it is time to take a break from service when your children arrive. Any gap in service is going to impact[...]

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[...]

Time to start applying for retirement?

04/03/2019 Racheal Smith

Have you decided that this is the year you will retire? Anyone can retire after the age of 55, with a pension that is actuarially adjusted, or you can retire with your full pension if you have reached[...]

A ban on pensions cold-calling

27/02/2019 Racheal Smith

Last month a ban on cold-calling came into effect. Cold-calling is a solicitation of a potential customer, when this person has had no prior contact with a salesperson. In contrast, warm-calling [...]

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[...]

Enhancing the money from your Teachers’ Pension Scheme

22/02/2019 Racheal Smith

You are clear you want to leave teaching. It is a career that demands a lot of our physical and our emotional energies. Each year the pace and the pressures take their toll and the holidays no lon[...]

Ways of using your lump sum when you retire

21/02/2019 Racheal Smith

What is the Teachers' Pension Lump Sum? If you entered teaching on or after 1st January 2007, you are part of a Final Salary or Career Average arrangement for your teachers' pension. These schemes [...]

What does it mean to financial plan?

16/02/2019 Racheal Smith

Teaching is one of those professions where people tend to be less worried about money and be more concerned with job satisfaction. This is a general rule, but one that experience has shown us to be [...]

The most frequently asked questions about teachers’ pensions

01/02/2019 Racheal Smith

When it comes to answering questions, advisors working in the sector around teachers' pensions tend to see a pattern of questions they see. From Teachers' Pension contributions to retiring early, th[...]

Is the Scottish Teachers’ Pension Scheme different?

31/01/2019 Racheal Smith

The Teachers’ Pension, UK is thought to be a generous scheme. It is one that offers the opportunity for a comfortable retirement. Moneywise list a teachers’ pension in the top 10 jobs to have[...]

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