Member Nominated Trustee Director exercise
Following the recent Member Nominated Trustee Director selection exercise, Jo Peet has been re-appointed with effect from 30 November 2021 for another 5 year term. The Trustee is pleased that Jo is able to continue her excellent contribution to the Trustee Board.
Tax & pensions
Tax plays a huge part in retirement planning. Visit MoneyHelper to understand how tax relief works or whether your money is taxed when you retire, or more complicated rules like allowances and carry forward. Your tax issues are your own, so if you have any questions about your tax code, you should contact your local tax office or HMRC […]
Improve your mental health
Local Minds provide mental health services in local communities across England and Wales. Anxiety UK has a helpline and lots of information and webinars to learn how to deal with your mental health. Mental Health UK is an information hub with tips to help you look after your mental health and wellbeing.
Looking for friendship & advice for older people?
At various points in your retirement, you may find the following guidance useful: Age UK offers befriending services, information and advice for older people (0800 678 1602 – 8am to 7pm daily) . The University of the Third Age provides opportunities to learn something new for fun or share your skills with others. Gransnet is a […]
What has the government done to combat scams?
The Government introduced new regulations effective from 1 December 2021 which mean one of two conditions must be satisfied before any transfer can proceed from a scheme like yours. If either of the conditions are not met, the statutory right to a transfer is removed and, if the Trustee board has concerns, we can stop […]
Thousands of women could be being underpaid their State Pension
The state pension system has historically made provision for certain married women who were financially dependent on their husbands to claim a higher State Pension based on their husband’s National Insurance records. A woman is potentially affected if she was born before 6 April 1953 and is receiving less than £80.45 per week in State […]
National Pension Tracing Day
30 October is National Pension Tracing Day – experts estimate there is over £19.4bn of unclaimed pension pots. Could some of that money be yours? A big factor is people changing jobs – on average 11 times – and moving house, typically eight times, but forgetting to tell their pension company. It’s set to […]
Move to CPIH
The government will change the way inflation is calculated by replacing the Retail Prices Index (RPI) with the Consumer Prices Index which includes owner-occupiers’ housing costs, known as CPIH. On average, the RPI was calculated one percentage point higher than CPIH. The diagram above shows the contributions from housing and household services, transport, and furniture […]
Get to know your pension: hints and tools from the DWP
To get people more engaged with their retirement savings, the Department for Work and Pensions (DWP) has launched a website to help you plan for your retirement. It brings together various tools to trace lost pensions, find out what your likely State Pension will be and work out how much money you may need to […]
MoneyHelper’s Couch to Financial Fitness
The MoneyHelper’s Couch to Financial Fitness is a free and flexible nine-week plan will help you build your confidence to manage your money. The weekly steps and helpful tools can help you cut your spending, develop core saving muscles, and create better habits for a long-term cash confident future.
