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Posts Tagged ‘Retirement’

Did you miss the chance to save tax?

Icon Written by Flora Maudsley-Barton on 18 Oct ’10 – 11:05 am

I’m talking about pension contributions. Those of us lucky enough to earn over £50,000 have just seen a reduction in the amount we can pay into our pensions. That was part of a range of new measures, each measure will affect someone; If you have been paying more than £50,000 into your pension, or if more »

Tags: high earner, Pension, pension contribution, Personal finance, Retirement

Final Call for “Early Retirement”

Icon Written by Flora Maudsley-Barton on 26 Jan ’10 – 1:23 pm

On April 6th, the earliest age people can draw pension benefits rises from 50 to 55. If you’re 30 now, you might file that under “whatever”. If you’re between 50 and 54 now, you might want to think about whether the change will affect you.  Obviously, the younger you are, the longer you will have more »

Tags: 06/04/2010, age 50, Pension, Retirement

What’s on my desk right now

Icon Written by Flora Maudsley-Barton on 22 Sep ’09 – 12:34 pm

I’ve four similar cases on the go at the moment, all at different stages, all investing for long-term income. Drs H invested for income two years ago, when he retired.  Our second annual review will be on Friday.  I’ve begun preparing for that, with a performance review of all the funds and holdings within the more »

Tags: Business/Finance, income, inflation, Portfolio, retired, Retirement

Equity release: Lifetime Mortgages, Home Reversion Schemes

Icon Written by Flora Maudsley-Barton on 10 Mar ’09 – 10:31 pm

Later in life, you may need to raise some money, either as a cash lump sum or to provide additional income for an expensive purchase, equity release may be the solution.  We will advise you whether it would be more appropriate to take on a lifetime mortgage to release some of the equity on your more »

Tags: Additional Income, Cash Lump Sum, Equity Release, Home Reversion Scheme, Lifetime Mortgage, Lymm, Parsonage, Retirement

Planning To Retire

Icon Written by Flora Maudsley-Barton on 10 Mar ’09 – 10:28 pm

Many people are unaware of how much money they will receive and indeed how much they will need after retirement.  Parsonage will evaluate your old pension schemes and look at self-invested personal pensions, to see which option will benefit you the most. Expert advice should be sought when you plan for retirement, especially for higher more »

Tags: Lymm, Parsonage, Pension, Pension Scheme, Planning For Retirement, Retirement, Retirement Options, Retirement Planning, Self Invested Personal Pensions

What we do

Icon Written by Flora Maudsley-Barton on 8 Mar ’09 – 7:57 pm

“Making your money work harder“ The need for Parsonage’s expert, qualified advice and solutions,  often begins at key stages of our clients’ lives – such as moving home, starting a family, retiring, recognising the need to plan for the next generation, inheritance tax planning, investing.  Then, we stay with our clients every step of the more »

Tags: Cheshire, Financial Services, Honest Communication, Key Stages, Lymm, Parsonage, Redundancy, Retirement

Getting more (pension) for the rest of your life

Icon Written by Flora Maudsley-Barton on 20 Dec ’08 – 11:43 pm

Here’s an example of why you should not take the first offer when you draw your pension. Names have been changed to protect the innocent. Mr A decided to draw his pension. 

Tags: annuity, open market option, retire, Retirement

Is a Pension worth the effort anymore?

Icon Written by Flora Maudsley-Barton on 10 Dec ’08 – 5:58 pm

You might have noticed a bit of a drop-off in share values lately? If you’ve got a pension, it’s probably worth less than it was a year ago.  So why bother paying any more in? Or, if you’re young enough, why bother starting one? Forget, for a minute, that “pensions” usually seem to be over-priced more »

Tags: Pension, property, Retirement, savings