A new UK equity and debt crowdfunding platform has launched this week. The platform is designed to support small and medium-sized businesses through “every stage of their life cycle” - from seed capital up to Series A and B rounds.
In the latest update our guest blogger, Frank Cozzo discusses the radical changes to the pensions regime which were announced in the Chancellor’s Budget Speech on 19th March. Consequently, from April 2015, from age 55, retirees will be allowed to access all of their defined contribution pension pot, subject to their marginal rate of income tax in that year. There will no longer be a requirement to buy an annuity.
More and more firms are now offering people the chance to withdraw money from their pensions before they reach the age off 55. The question is, should you do it? Should you withdraw money from your pension early? In an article in the Scotsman, Derek Lyttle, our personal debt solutions manager offers some advice:
