Prism Xpat

We know that many pension savers in the UK may be concerned about the security of their retirement savings, especially in the current situation, where scammers are taking advantage of people. So we’ve teamed up with other UK pension bodies to put together some straightforward guidance. https://www.ppf.co.uk/covid-19-pensions

It tells you what protections are in place for your pensions; and where to find free, impartial guidance. We’d encourage you to read it before making any decisions about your financial future during the pandemic.

We’ve produced this guide in partnership with the Department for Work and Pensions (DWP), Financial Services Compensation Scheme (FSCS), Money and Pensions Service (MaPS), the Pensions Regulator (TPR), the Financial Conduct Authority (FCA) and the Pensions Ombudsman.

Read this before making any pensions decisions:https://www.ppf.co.uk/sites/default/files/file-2020-05/COVID-19-and-your-pension.pdf

It has always been important to find the right adviser, never more so than now.
If you want specialist advice on your final salary pension get in touch with us:
https://www.prismxpat.co.uk/contact/

TPR orders trustees to warn DB members against transferring out The Pensions Regulator (TPR) has told trustees they must send warning letters highlighting the risks of transferring from a defined benefit (DB) to a defined contribution (DC) pension during the Covid-19 crisis.

Novel coronavirus The Australian Government announces travel restrictions. See the latest information.

Boost for pensioners in the EU

UK state pensioners currently living in the European Economic Area (EEA) and Switzerland will continue to have their pensions increased annually.

Benefits and pensions for EEA and Swiss citizens in the UK This guidance explains the rights of European Economic Area (EEA) and Swiss citizens to UK benefits and pensions from 1 February 2020.

As you may be aware, the late call for a general election has delayed the release of the budget for financial year 2020/2021. The government have since confirmed that the budget will be delivered on 11th March 2020.

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We are proud to be part of the Pension Transfer Gold Standard scheme