Q. I am 55 years old and a member of the NHS pension scheme. Whilst I am not contemplating retirement yet, I am interested in the new pension flexibilities that are available where I could consider exchanging my pension for a one off lump sum. However, one of my colleagues has told me I am not… Read more »
Topics covered this week in the attached: Volatility is back – May’s trends carry on into June Bond market turmoil continues – Greece or inflation the cause? ECB’s Draghi: “Get used to volatility” Bank of Japan remains positive as “excessive” Yen strength is “corrected” US: Beige book shows continued economic expansion Oil prices remain under… Read more »
Q. I have seen the term SIPP being used quite a lot lately when reading about pensions, what is a SIPP? A. This is an acronym for a “Self Invested Personal Pension”. As indicated, a SIPP is a type of personal pension that gives you a far greater level of freedom about how you invest… Read more »
Topics covered this week in the attached: Greek tragedy ever closer US Growth comeback UK GDP Steady as small business loans increase China: great returns can come with a lot of uncertainty For the latest Market Comment please click below. Tatton’s Weekly 29 May 2015
Q. I am becoming a little frustrated with the lack of action from my current financial adviser. I have a Final Salary Pension scheme from the Local Government and I want to transfer this to a personal pension so I can access the new flexibilities and cash it in. Although he has been my adviser for… Read more »