Category: Pensions

Tread VERY carefully with final salary pensions

Final salary pensions, also known as defined benefit (DB) pensions, are post-retirement benefits based on a person’s salary at retirement. Holders of such pensions are advised to tread very carefully when enticed by offers to move their funds elsewhere.

The good news about pensions

Yes, there really is good news about pensions. That’s despite Brexit and the other issues that face the UK economy and its savers. There are tax breaks, an increased Lifetime Allowance and flexible options.

Will banning nuisance calls stop pension scammers?

The UK government has now banned nuisance calls, texts and emails relating to pensions. People of retirement age have been warned to remain on their guard for pension scammers.

Why are women’s pensions still less than men’s?

In November 2018 the age that men and women collect their state pensions was equalised. Both are now eligible from the age of 65. But coupled with private pensions, the sexes are far from financially equal.

Who are the sandwich generation?

Saving for your own retirement is hard enough, but what happens when you’re still supporting children and elderly parents? You are probably part of the growing sandwich generation.

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Logic Wealth Planning Limited is Authorised and Regulated by the Financial Conduct Authority. Registered in England and Wales number: 4206195. Registered Address: 18/19 Salmon Fields Business Village, Salmon Fields, Royton, Oldham, OL2 6HT. Trading address: Sigma House, 9 Southgate, Cross Street, Off Green Lane, Heywood, Greater Manchester, OL10 1ND. Telephone: 0808 1234 321.