Benefits paid in the event of your death (AFPS15) In the event of your death, your eligible dependants’ will receive benefits that may consist of a tax-free lump sum (in some circumstances) and a taxable pension for life. If you…
From Insight – St. James’s Place Wealth Management Robert Gardner, Investment Management Director, shares some advice on how to save for a pension in your 20s, 30s, 40s and 50s. I’m often asked, “How much do I need to retire on?”…
At the age of 16 I joined the RN on August 2nd 1977 as a radio operator serving on shore bases, submarines and minesweepers and completed my service in February 1982. Finding a job was a lot easier then there…
Payday loans are an act of financial desperation – they cost you money and can have huge impact on your long term financial credibility. If you need to borrow money and are thinking of getting a payday loan, stop to…
Upon reaching State Retirement Age (SRA) members of the Armed Forces in receipt of AFPS75 and/or AFPS 75/15 are likely to have their Armed Forces Pension reduced if they had served prior to 1 April 1980 and separately if they…
By Dave Scholey, Regional Manager South East Public Sector pensions generally have a reputation for being good occupational pension schemes. The Armed Forces schemes in particular, benefit from being non-contributory. This means the employee does not have to make mandatory…
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