The consultation process on the new regulations for the changes relating to the McCloud case has opened
A budget planner that looks at ‘front-running’ a SIPP, or AVC, before taking your pension.
By using the tax-relief and your personal allowance this sheet can help you see what the effects are on your finances of taking the Teacher’s pension later than 55 and instead using a private pension to plug the gap between 55 and when you are ready to take it.
Not convinced you should take the pension at 55?
There are other options that will allow you to delay opening your teacher’s pension pot.