In today’s Budget, George Osborne announced higher ISA limits of £15,000 per individual from July 2014. The new limit will combine both Cash and Investment ISAs with greater flexibility to switch between each type. More to follow soon.

There a number of processes, some straightforward and some complex,  to consider well ahead of your ultimate retirement date.  Hopefully, the following key points will be of some help:

It has been announced that the September CPI value was 2.7%.  This is the rate that the State Pension and other pension revaluations will be increased by with effect from next April.

With one of the key annuity providers reducing annuity rates again this week, it is key to shop around not only for the best standard annuity rate but also for non-standard annuities.

………………and of course a pension fund of £1.25 million is, indeed, a lot and I am sure most of us will accumulate a pension fund far less than this.  But the new limit coming into effect from 2014 may tell us a bit about how the Government is thinking about private pension provision and retirement savings generally.

After so much change and news announcements in the world of pensions over the last year or so, we appear to be in a bit of a lull – perhaps it is because all the politicians are on holiday!  Last year, Richard Collinson published an article about collectable cars which we know many of you enjoyed but […]

The ABI this week launched its free ‘’Annuity Window’’ tool.  If you are approaching retirement, the tool provides a dozen examples of real annuity rates

DWP (Department For Work & Pensions) yesterday hailed the new Auto Enrolment Pension rules that became mandatory for large employers last October as a big success.

Following on from the increase in the GAD rate to 120%, investors in Income Drawdown Plans – the main alternative to annuity purchase –  got a further boost today, thanks to improving gilt yields.  

 Richard Collinson – RetireEasy     Baroness Wheatcroft of Blackheath, in her introduction to a recent report by The Smith Institute, said: “Hope I die before I get old,” yelled The Who in 1965. For many of those who grew up in the Sixties, the sentiment now is as likely to be “Hope I die before I […]