All Questions
Tagged with retirement-plan united-kingdom
8 questions
2
votes
1
answer
313
views
Lifetime ISAs appear to be well and truly tax free, so why use anything else as a retirement plan?
When you invest in a Lifetime ISA, HMRC will top up your investment by 25%. This negates the 20% tax that most people pay. As Lifetime ISAs are ISAs and are therefore never ever taxed, this makes ...
- 607
12
votes
4
answers
5k
views
Have I left investing until too late?
I'm 44 and have only the investment of a house. I was scared off ISAs (individual savings accounts) etc because of the complexity, choice, etc and only now have I come to make the decision to open an ...
- 549
8
votes
3
answers
1k
views
Are traditional pensions still optimal in the 21st century? [closed]
I have long had an issue with traditional pensions, I searched around and found some people at least seem to share some similar thoughts.
In short, my concerns are:
Too restrictive (you can't use the ...
- 3,655
2
votes
2
answers
243
views
As a foreign (EU citizen) IT contractor working in the UK (London) what should I do with my savings?
It's my first question on here so please go easy on me.
I am just starting with the forum and building up my wealth so apologies if the question has too many treats.
I am 34, single, no commitments,...
- 876
5
votes
3
answers
314
views
Suggested ways to save for a comfortable retirement in the UK given the lifetime allowance limits on pensions?
I've heard the rumor that this March's UK Budget will lower the Lifetime Allowance (LTA) from £1M to £800k or even less. They might index this for inflation. That seems to me to be a pretty low ...
- 61
2
votes
2
answers
139
views
What should I take into consideration when deciding whether to transfer a pension fund?
I have a pension with a previous company, and a pension with the company I am working for now.
The two pensions are very similar as far as I can tell. How should I decide whether to leave the old ...
- 329
4
votes
6
answers
2k
views
UK: Personal finance book for a twenty-something
I am interested in learning more about personal finance. I'm in my early 20's, and I recognise that now is a crucial time to form a solid financial footprint for myself.
I live in the UK, but worry ...
6
votes
1
answer
269
views
Pensions - Where to start? (UK)
What are the key decisions that I need to make and what key information should I know before starting a Pension in the UK?
I am 24 and living in the UK. I want, well more like should, start a pension ...
- 161