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The Ultimate Guide to Pensions | moneyfacts.co.uk


Get a summary of what to consider when investing into a pension
See how pensions are a tax efficient way to save
What is a pension?
A pension is a savings plan whereby you pay in regular amounts during your working years to create a pot of money, which you then use to take an income from in retirement.
You can plan your income for your retirement using savings, investments, personal pension or occupational pension. While savings and investments are of course a viable option, a pension should be the first port of call for the majority. At its heart, a pension is still a savings plan, but it’s specifically designed to provide you with an income to live on when you retire and has numerous tax and contribution benefits. ....

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House of Assembly reopens for MHAs to debate unlocking some pensions


Pension debate sidelined after newly Independent MHA refuses to agree to it
All MHAs needed to give the OK in order for the regular legislative process to be expedited, and Perry Trimper didn t agree to that.
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Posted: Dec 10, 2020 7:00 AM NT | Last Updated: December 10, 2020
Independent MHA Perry Trimper said he wanted approval to ask a question during the one-day sitting of the House of Assembly. That wasn t granted, so he said he would not support debating changes to unlocking pensions. (CBC) ....

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