Savings, Money, Finance, Specialist

Pensions and Retirement

New Investment Finder is the best way to learn about your Pension and Retirement options and how to apply for UK personal pensions online. We specialise in introducing you to Independent Pension Brokers and providing personal and company Pension information and retirement planning. If you are interested in a exploring retirement solutions or even transferring in to a alternative pension plan then look no further. We have teamed up with major providers and brokers to find you the best independent advice available in the current market. Read more

Personal Pension

A personal pension is also known as a private pension. They are provided by pensions companies and are intended to give you a second pension to help you have a secure retirement. You may be able to contribute to a personal pension or a stakeholder pesion as well as an occupational pension. This will depend on your income and the amount of contributions you currently pay. These pensions can be paid as well as the basic State Pension. Read more

Stakeholder Pension

A stakeholder pension is a type of low-charge pension. You can buy a stakeholder pension from a commercial financial services company, such as a bank, insurance company or building society. Stakeholder pensions must satisfy a number of minimum government standards to ensure that they offer value for money and flexibility. Read more

Company Pension

An occupational pension or company pension is a private pension scheme run by some employers and is also known as a works pension, company pension or superannuation. If your employer runs an occupational pension scheme, you should ask him who to contact for more information about the type of scheme that he runs and whether or not you are able to join it. Read more

State Pension

Depending on your individual circumstances, you may be entitled to additional State Pension. This is also called the State Second Pension and used to be known as the State Earnings Related Pension Scheme (SERPS). As its name suggests, additional State Pension is paid in addition to the basic State Pension. Up to April 2002, entitlement to SERPS was based on your record of National Insurance contributions and your level of earnings as an employee. Read more

Pension Transfer

An occupational pension scheme is connected to your job. So if you leave your job, you need to check what will happen to your pension. You may be able to transfer your pension to another occupational scheme. It depends on whether or not your new employer will accept the transfer. Read more

Teachers Pension Scheme

If you work in further education or the 'new' universities and colleges of higher education in England and Wales you are covered by the Teachers' Pension Scheme (TPS). There are similar, but separate, arrangements for teachers in Northern Ireland.
The Teachers Pensions Branch administers the Northern Ireland Teachers Superannuation Scheme (NITSS) for teachers employed by the Education and Library Boards, the Council for Catholic Maintained Schools (CCMS), the Voluntary Grammar School Sector, the Further Education Colleges and other designated Outside Bodies. The Scheme offers a wide range of benefits based on final salary and service - retirement pensions and lump sum, widow/widowers pensions, dependants pensions, death benefits, enhanced benefits for early retirement on ill health or redundancy. Benefits are index-linked under the Pensions Increase Act. Read more

NHS Pensions

The NHS Pension Scheme is a large pension scheme for people who work for the English and Welsh National Health Service. It is administered by the NHS Pensions Agency, which is now a Special Health Authority at arm's length from the Department of Health. Currently any NHS employee can join the scheme providing you are between 16-70 (except dental practice staff). You can expect to pay upto 6% of your earnings in to the NHS pension plan. However in real terms taking Tax and NI in to consideration the cost is only 3.5%. Read more

Pension Annuity

An open market option means an annuitant is free to buy a compulsory purchase annuity (or pension annuity) from any provider in the market, and this applies to a With Profits annuity as well as a standard annuity. Although every one retiring in the UK could consider an open market option, over 2/3rds still did not shop around to find the best annuity. If they did they may have received an extra income by up to 30%, worth thousands of pounds every year for the rest of their lives. Get your quote