News - Page 27 of 30 - Teachers Financial Planning

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[...]

Schools face drastic rise in pension contributions

30/01/2019 Racheal Smith

Proposed Teachers Pension Increase 2019 HM Treasury has undertaken a valuation of public sector pension schemes, including teachers' pensions. UK schools, as a result, are set to face a sub[...]

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[...]

Flexibilities

24/01/2019 Racheal Smith

There are more ways to increase your pension than you might think. You may have heard about Additional Voluntary Contributions (AVCs) run by Prudential, which is an extra fund that you pay through y[...]

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[...]

Do you know your pension age?

18/01/2019 Racheal Smith

According to a YouGov survey, which polled over a thousand adults approaching retirement, many do not know the state pension age. This is significant for those teachers in the CARE scheme, as your p[...]

Making the most of MPO

16/01/2019 Racheal Smith

MPO or My Pension Online is a portal on the Teachers Pensions Scheme (“TPS”) website. TPS offer this dashboard as a means of providing key information about your pension, as well as offering y[...]

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