Latest News

Insight Financial Associates

2019 tax statement

Higher Rate Taxpayers, What Does the 2020 Budget Mean for Pension Contributions?

Why Higher Rate Taxpayers Should Be Paying Attention to Their Pension Contributions After the 2020 Budget   You may be missing out on paying money into your pension, as many of you can now pay more and receive tax benefits.   If you’re a higher rate taxpayer and you opted out of your pension scheme …

Read moreHigher Rate Taxpayers, What Does the 2020 Budget Mean for Pension Contributions?

The retirement mistruth

The retirement mistruth

If you pay much attention to the media and advertisers, you may think that retirement is all about riding jet skis, sipping sherry on the French riviera or cuddling grandchildren. No doubt you’ve seen one, if not all, of the images on many of the retirement articles out there. Though those sorts of activities are …

Read moreThe retirement mistruth

Pensions

Will your DB pension be protected in the wake of the British Steel debacle?

The treasury has made a promise that since the mismanagement of private pension transfers from the British Steel Pension Scheme (BSPS), the Financial Conduct Authority (FCA) will make an effort to “stamp out bad practice.” So what exactly happened, and what comes next? Members of the (Defined Benefit) BSPS were given the choice to transfer …

Read moreWill your DB pension be protected in the wake of the British Steel debacle?

Pensions

Is it time to cut out the jargon from pensions?

People simply aren’t saving enough into their pension funds. Despite the relative success of the auto-enrolment rollout and the increase of minimum contributions from 5% to 8%, there’s still a culture of misunderstanding surrounding pensions. With a reported 51% of the public believing that the minimum contributions are in line with the recommended rate of …

Read moreIs it time to cut out the jargon from pensions?