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Posts Tagged ‘pension pot’


Pensions and Divorce – Helping You Navigate a Difficult Time


Earlier this month, solicitors across the country braced themselves for ‘Divorce Day’ – the time of year that lawyers expect a higher than average number of enquiries from couples considering divorce. The financial stress of the holidays tends to strain many relationships so when people are back to reality and the working world, all that […]




Pension Problems Ahead For Self-Employed – Take Action This Year


Starting a pension plan isn’t easy for those who are self-employed – you’ll need to find the pension scheme yourself, you don’t have any employer contributions to boost it, and it’s difficult to stick to a regular savings plan when you might have irregular income.




TAX TIP TUESDAY: Just One Week Until NHS Scheme Pays Deadline


Our 5-minute read – Tax Tips – for UK doctors and dentists will help you save tax, get organised with your tax affairs and make sure you meet important deadlines with ease.




Doctors and Dentists Using Pension to Pay Tax From Exceeding Annual Allowance


Exceeding the annual allowance has become quite the headache for many dental and medical professionals. The tapered annual allowance hits hardest individuals with high incomes – suffering annual tax charges on contributions and a lifetime tax charge on benefits.




How To Top Up Your Pension Before the Year End and Avoid a Penalty


The end of the tax year is fast approaching and you’ll want to do all you can to save as much as possible before all the end of year deadlines are upon us. One of your areas of focus should be your pension pot.




FRIDAY Five: 5 Wise Financial Moves for Five Years Prior To Retiring


Each week in our Friday Five, we provide five quick tips about a different topic of interest. Interested in seeing a particular subject discussed? Send an email with your FAQ to info@dentalandmedical.com.




Could just £40 Per Week Give You a Happy Retirement?


Saving for retirement might seem like a herculean task, especially if you’re only just starting out in your career. But no matter how far off it seems, it’s important to begin planning and saving for retirement – even if it’s only small contributions – as early as possible.




Work Until Age 67 – How Can I Not?


Over the next ten years, the state pension age will increase to age 67, prolonging the moment many dental and medical professionals can finally hang up their working hats and settle into retirement. There are a variety of reasons you might find yourself working for longer than you expect, but do you have to?




All About Pensions and Divorce


For a variety of reasons, it seems the divorce rate in older couples has been steadily increasing over the years. It might have something to do with society’s changing views on divorce, or because there are still so many options for life and love after divorce. But going through a divorce is a costly and […]




Understanding Income Drawdown


Income drawdown is one of the ways in recent years which the UK government has tried to introduce more flexibility to your pension – via Pension Freedom. Pension Freedom seeks to provide you with more options for your pension.




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