Help with your Pension
5th April 2011
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Is there a light at the end of the tunnel or are we being restricted still further with our pension options? 

Over recent years, pensions regulations have made it a mine-field for the layperson to understand.

The major rule changes (including the so-called ‘pensions simplification’) seem to bring in more and more restrictions. 

However the burning issue for most of us prevails: will we have enough to live on when we finally retire?

George Osborne has announced that the most anyone can contribute to a pension scheme in any one year will come down from £255,000 to just £50,000.  On the face of it, it you have surplus cash, this is very restrictive. 

However, did you know that if you haven’t made a contribution in the last 3 years, you can ‘catch up’?

For best advice and essential information talk to the financial department of Cheers Insurance Brokers.


About the Author

Alison C

Member since: 9th December 2011

Local, general Insurance Brokers in Hampton Hill High Street, open Monday to Friday.

Chat to Cheers' about Household Insurance, Property, Business, Motor Fleet, Travel and Boat Insurance. We can usually...

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