Hints and tips:
...“The bigger funds are more nimble and can act quickly,” said Chris Roberts, managing director at Dalriada Trustees, a firm of professional trustees....
...“So someone in a workplace pension scheme in their 30s or 40s who has seen the value of their fund go down hasn’t made a loss at all....
...The moral of the story for high earners in their 30s and 40s is to save like mad while you can.”...
...From April 2015 trustees and governance committees will have to find out about many of the hidden costs and charges that they have been paying and will have to report on these....
...Carter says typical nursing home costs in the couple’s area are £40,000 a year....
...The basic idea is to take my current cash and ISA investments and move these into my SIPP in order to get the maximum possible of the 40 per cent tax relief, these funds will be invested and begin to compound...
...You are also entitled to 25 per cent, or £900, of the £3,600 fund as tax-free cash as soon as you use your fund to produce an income, for example by buying an annuity....
International Edition