Types of Pension Plans

Types of Pension Plans
USS Pension Debacle

By Jak Ali The University Superannuation Scheme (USS) is the largest private-sector pension system in the UK and the issues surrounding the scheme continue to cause mass uproar amongst academia professionals. There has been a complete mismatch between the money currently held and the amount that needs to be paid out. The USS boasts more…

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Types of Pension Plans
Claiming your UK pension in Australia

Many British expats flock to Australia in retirement, due to its lifestyle, culture, and the English language. A large portion of expats take their pension with them, by transferring any personal pensions to an Australian scheme. This leads to tax advantages, freedom of choice, and the consolidation of your assets into one portfolio. There have…

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Types of Pension Plans
How to transfer your UK pension to Australia (Updated 2018)

Qualifications to transfer UK pensions to an Australian QROPS Self-Managed Superannuation Fund (SMSF) 55 plus Individuals should be 55 years of age and above but not beyond 65 years unless employed in Australia Only certain schemes that are not ‘in payment’ can be transferred. They are: private pension schemes, Self-Invested Personal Pensions (SIPPs), and final…

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Types of Pension PlansRetirement Planning
Are You Fully Aware of the Death Benefits on Your UK Pension?

Knowing the type of personal pension that you have is key to understanding what will happen to your pension in the event of your death. The type of your scheme, as well as whether you have already begun to draw the pension, will determine what your partner, children and any other beneficiary will receive. In…

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Types of Pension Plans
5 indicators that you are losing money on your investment/pensions

All investors always lay meticulous plans to ensure that their investments work just as hard as them. The harsh reality is that even these well researched and laid plans have the potential of going sideways when the tough gets going. When this happens, the writing will always be on the wall so that you know…

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Types of Pension PlansRetirement Planning
6 Surprising Facts About Retirement

A lot of people are uncertain about their future, with many leaving retirement planning too late. Here are a few facts about it that you may not have known. More People Than You Think Have Little Saved One in seven people retiring this year have no workplace or personal pension. Relying solely on the new…

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