SIPPS Archives - Freelance Informer

Fintech founder: “Pension age hikes are liquidity traps for freelancers and founders”

Self-employed workers are predicted to have a £208,500 pension deficit compared to employees. Here we share the many reasons why the self-employed do not save as much for their retirement as employees, and how that could be turned around. …

Pension death tax reforms could crush families of freelancers and small business owners

Public affairs financial experts are expressing concerns that a Labour government may introduce changes to pension taxation that could significantly impact freelancers, solo self-employed individuals, contractors and directors of limited…

How LISA reform could help solve the self-employed pensions and savings gap

Changing the parameters of the Lifetime ISA could help more households, especially those among the self-employed, become much better off come retirement, says a personal finance expert Although self-employed people paid £2.3 billion…

How to stop your pension benefits going to the wrong person

Six in ten risk pension benefits going to the wrong person, finds HL report Only 38% of people said they had kept expression of wish forms for all their pensions up to date.Over a quarter (26%) said they hadn’t, 13% were unsure.A…

The self-employed are the most dedicated investors in the UK. So how can they get more bang for…

It comes as a nice surprise to hear that the self-employed are the most likely to invest, especially those that work part-time or on a contract basis. It is also refreshing to learn that SIPP investors, who are largely freelancers,…

Pension Woes: what umbrella company contractors must look out for

By Tony Clark, Senior Proposition Manager, St James’s Place (www.sjp.co.uk) What's covered in this article: What can freelancers do to avoid having many small pension pots?What are the different types of SIPPs or pension funds that a…

Don’t be a tax relief loser – here’s how to protect your hard-earned cash

Time is of the essence to get the most out of your pension and savings tax relief for the 2020/21 tax year, especially with chatter that Chancellor Sunak may increase Capital Gains Tax. For company owners and directors in the process of…

Want to be £47K better off and boost your confidence?

Financial advice not only pays for itself, but boosts confidence and preparedness for retirement, a new report finds. People who take financial advice are, on average, £47,000 better off in retirement than people who don’t - and this is…