Professional Pensions’ Post

In the latest UK Pensions update, #TeamSPB explores the Pensions Administration Standards Association's (PASA) latest guide on Data Accuracy vs Data Presence, as well as the Wider Implications Framework's second annual report, which was re-established in 2022 with the aim of joined-up thinking between the Financial Conduct Authority, the Financial Ombudsman, the Financial Services Compensation Scheme, TPR and The Money and Pensions Service. Read the full update here ➡️ https://ow.ly/EbjG50SgIW7 #UKPensions | #PensionsUpdate | #PASAGuide

What does MAPLE have to do with PENSIONS? It's not just the below four-step WORD ASSOCIATION. Take a look at #TeamSPB's latest UK pensions #weeklyupdate to find out. 👇 https://lnkd.in/eXdzGB-A #How2DoPensions #PensionsLifeHacks #AttentionPensions #PensionAttention #PensionsTensions Squire Patton Boggs

In the latest UK Pensions Update, #TeamSPB reports on The Pensions Regulator's new three-year corporate plan, which aims to protect pensions savers' and enhance the pensions system, as well as exploring The Pensions Dashboards Programme's updated data standards and the Pension Scams Industry Group consultation to consider its future. Read the full update here ➡️ https://ow.ly/4Nze50RA5Xz #UKPensions | #PensionsUpdate | #PensionScams

Your Pension, Your Peace of Mind - Unbiased Independent Financial Advisers Ltd We provide guidance on various pension options, including workplace pensions, personal pensions, and state pensions. We help clients choose the most suitable pension schemes based on their circumstances. #independentfinancialadvice #financialplanning #pensions #investments #savings #protection #inheritancetaxplanning #IHT

This week is Money and Pensions Service, talk money week which focuses on encouraging people to do one thing with their finances. Our Financial Planner Victoria Gammon APFS highlights the importance of planning and provides tips on how to create a budget. Get the insight: bit.ly/469g8Ez #DoOneThing #TalkMoneyWeek #FinancialPlanning

It's fantastic hearing our teams talk through the things that matter. Well done Janine and Nigel. Regarding Pensions, Nigel Kern called out that many people may be missing National Insurance Contribution years for various reasons.. (I have personally missed some due to working abroad for periods in my career) The Voluntary National Insurance Contributions, allows you to pay back any missed NI years to then boost your State Pension pay later on in life and you have until 5 April 2025 to pay voluntary contributions to make up for gaps between tax years April 2006 and April 2016. You can check your NI records: https://lnkd.in/e_De4v2n Janine Maher, also said mentioned that "The earlier you start contributing towards a Pension, the less of a hill there is to climb" as you will likely see the benefit of compounding growth on your smaller contributions for longer which may have a bigger reward than trying to catch up with larger contributions at a later stage, however, you should always consider what suits your life best at the time before making a decision.

In a recent announcement, the Labour party unveiled its proposals for reforming the financial services sector, including significant implications for pensions. In this Pensions Expert article, Daniel Taylor shares his views on the proposals warning that Labour’s approach “may not fully satisfy the needs and concerns of pension members or the administrators and industry professionals who support them”. https://lnkd.in/eEiGxrzm #Pensions #LabourParty #PensionsExpert #PensionReform #PensionsUK #PensionFunds #Trustee #PensionFunds #PensionsUK #PensionTrustee

Pension, pensions, pensions - ignore it at your peril. Have a listen to Tommy's regular slot on Clare FM Radio where he chats about pensions, including working post 'retirement'. https://lnkd.in/ethhiHwC #postretirement #pensionplanning #personalfinance

P is for pensions, an area that has astounded me the most about running a property business. The NHS pension is great, but did you know that private pensions have different advantages? SIPP and SSAS pensions allow investors to have commercial property within their pensions, while SSAS provides the opportunity to access some of your pension funds for your own investing or lending to others. The potential for tax-free contributions for yourself and co-directors make it a highly efficient way of building your portfolio. However, it's crucial to get tax and pension advice before setting it up. Remember, this is not financial advice. If you're interested in exploring this option, speak to companies such as Odyssey Pensions Limited #pensions #property #propertyinvestment #propertyinvestinguk #passiveincome #propertyinvestmentuk

It has been a significant period for pension schemes in the UK, bookended by the Chancellor's #mansionhouse speech in July and his recent #autumnstatement . To help you identify the key pension issues your scheme or organisation needs to address in the coming months, our brilliant #HSF Pensions team has released the latest edition of our Pensions Planner  The latest edition includes: - the Mansion House Reforms and the Autumn Statement - Defined Benefit Superfunds – a new regulatory approach and the first transaction - a Pensions Ombudsman determination on return of surplus - the first fine for failing to comply with climate risk reporting obligations   #pensions #pensionplanning #pensionadvice #wealthmanagement #financialmanagement #financialplanning https://lnkd.in/e2bgPkVz