The economic crisis has hit the retirement income planning of clients with money purchase pension savings.

Phil Carroll runs through a worked example detailing how you can efficiently supplement a client’s retirement ‘income’ through other tax wrappers.

The following sets out in detail the rules applying to the GMP that apply to members with pre 6 April 1997 service in a defined benefit contracted-out scheme. The information will be particularly useful when considering the transfer options available in respect of an accrued benefit under a Contracted-Out Salary Related (COSR) pension scheme.

This article outlines the main issues financial advisers need to consider when pension consolidation is being proposed in connection with a spousal bypass arrangement.