Timothy Sumer

STATE PENSION AGE TO RISE AGAIN 😲 Please subscribe, like, and turn on notifications if you enjoyed the video! SUPPORT ANDY THE GABBY CABBY --------------------------------------------------- ►►► Become a YouTube Member to get access to perks: ► GET MERCH: ► Andy The Gabby Cabby Website: ► Support Andy The Gabby On P️atreon: ► Subscribe for free: FOLLOW US --------------------------------------------------- 🐦 Twitter: 👍 Facebook: 🎥 Instagram: WATCH MORE --------------------------------------------------- ► News: ► ️ Cost Of Living Crisis: ► Andy’s Tips: ► Previous Livestreams: ► Members Videos: This video may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material is being made available within this transformative or derivative work for the purpose of education, commentary and criticism, and is believed to be "fair use"... ( read mo

How to retire using an ISA & PENSION tax efficiently // UK Pension & ISA In some recent research from Aviva the age at which most aspire to retire early is at age 60. This therefore leaves a gap between age 60 and their State Pension age. This video looks at the position of having both pension and ISA assets and considers where should the income be taken from and how it can be balanced and drawn in the most tax efficient manner. We'll also consider the death benefit position of each in terms of tax. Aviva article referenced: I can be contacted at edmund@featherstonepartners.co.uk 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based

UK STATE PENSION RISE 2022 & What Has Happened to CPI & RPI? The official increase in the UK State Pension from April 2022 will be 3.1%. This is due to the increase being aligned to the suspended triple lock meaning that average earnings will not be included in the test. Therefore the remaining two parts to this is the greater of CPI or 2.5% guaranteed minimum. CPI came in at 3.1% in September largely due to increasing transport costs and dragged down slightly by the cost of restaurants and hotels. And interestingly RPI, for those whose pensions are still based off of that measure came in at an eye watering 4.9%. As a reminder RPI includes mortgage interest payments and is therefore heavily influenced by house prices and interest rates. CPI on the other hand takes into account all other goods and services but not housing costs. Therefore CPI being the higher amount the full New State Pension, so remember based on 35 qualifying years will increase from £9339 per