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Florin Pensions Blog

Government considers Income Drawdown reform for those with medical conditions

Talks have been held between the UK Government and UK insurers regarding possible reforms to Income Drawdown rules to enable those with health conditions to take more income in retirement.

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Posted: 14 February 2014

UK Pensions Minister: “UK annuity market is 30 years out of date”

Steve Webb, the UK Pensions Minister has continued his attack on the current UK annuity market.

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Posted: 09 February 2014

UK Chancellor announces ability for over 60s to boost state pension income

The Chancellor announced in the 2013 Autumn Statement that current pensioners, and those who will reach the State Pension age before April 2016, will be able to top up their Additional State Pension through a new class of voluntary National Insurance contributions.

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Posted: 20 January 2014

Have you made a New Year’s Resolution for your UK Pension?

In addition to setting yourself those exercise and eating resolutions this year, why not also include two resolutions to help improve the occupational or personal pensions that you left in the UK when you moved to the United States?

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Tags: Pension, UK
Posted: 03 January 2014

Traditional final salary pensions in terminal decline

The UK Pensions Minister has acknowledged that “traditional final salary defined benefit schemes…..are in terminal decline”.

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Posted: 20 December 2013

Brits in Bay Area RSVP now for USForex and Florin Pensions 9 October Seminar

Brits in the Bay Area take control and maximise your financial future. RSVP now for our special event on 9 October 2013 at the Bently Reserve, San Francisco.

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Posted: 12 September 2013

UK Proposes New Single-Tier State Pension

In January this year, the Queen’s Speech outlined proposals to overhaul the current UK state pension system in the Pensions Bill 2013-14 (the “Bill”).

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Posted: 30 July 2013

Crackdown on Pension Liberation Schemes Continues

Since 2008, the UK Pension Regulator estimates that over £400 million of UK pension savings has been transferred into so called "pension liberation" schemes.

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Tags: "Pension Liberation"
Posted: 15 July 2013

New Fixed Protection Regime to be Introduced

From 6 April 2014 the UK Government is reducing the Lifetime Allowance (“LTA”) from £1.5MM to £1.25MM

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Tags: "Lifetime Allowance"
Posted: 24 June 2013

Taxation of UK Pension Payments for Expats

If you have income from one country and are resident in another, you may be liable to pay tax in both countries

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Tags: Tax
Posted: 18 June 2013
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