How is the rise in UK interest rates likely to affect you?

After pegging the bottom at an unprecedented 0.25% for a decade, the Bank of England surprised almost no-one on 2 November when it announced an increase of 0.25% to its Bank Rate, bringing the benchmark lending rate to 0.5% With UK inflation sitting well above the target of 2% for the eighth month in a row in September this year, and with Sterli…

Pension transfer requests are soaring. So should you follow suit?

There’s no let-up in the coverage being given by the UK media to the difficulties facing employers sponsoring defined benefits (final salary) pension schemes. Driven by persistent highlighting of the deficits faced by many such schemes, the number of scheme members requesting to transfer out their pension savings and move these into personal p…

PWS team stands together to help underprivileged children in Sri Lanka.

Like many companies, PWS Group believes in the importance of giving back and of contributing in meaningful ways to help the less advantaged in our society. As many companies find, however, unless goals of this kind have an active champion within their organisation, they can easily be de-prioritised in the cut and thrust of day to day business. …

What if your former employer decides to ‘tackle’ its pension liability?

So there you are. You’re a member of one or more defined benefit pension schemes related to previous employment and, so far as you are concerned, your pensions in these pretty much “are what they are”. Your expectation is that these pensions will hold their value, maybe increase a little between now and your retirement, and there really is…

PWS are happy to announce our clients are receiving their 1.8% Quarterly Coupon from their Commerzbank Quarterly Income Investment.

PWS Group are delighted to announce a further success in our market leading series of structured product offerings. Our latest product to generate a coupon was the 6 Year Commerzbank Quarterly income note and has produced a 1.8% Coupon for the Quarter. PWS structured note division continue to deliver superior returns and superior quality product…

What happens if my pension goes into the PPF (Pension Protection Fund)?

If you’re paying into a company pension scheme (or if you have funds accrued in a company scheme sponsored by a previous employer), the high profile corporate insolvencies that have hit the headlines over the last couple of years may have caused you the odd moment of concern. “What would happen to my pension,” you may have wondered, “if …

Escalating pension deficits. Why now’s the time to think about a SIPP.

The behemoth of pension deficits shows no sign of turning tail for top FTSE companies. In fact, according to recent analysis by one leading firm of employee benefits and pension scheme specialists, the total pension liability facing FTSE 350 companies soared to £62bn in 2016. That’s around 70 per cent of the combined pre-tax profits of the…

PWS are happy to announce our client investments receiving back their nominal investment + 8.2 Coupon for their Investec Global Index Income Generator

PWS are delighted to announce a further successful maturity in our market leading series of structured product offerings. Our latest product to auto call was the 6 Year Investec Global Index Income Note and has returned to our clients full capital with a coupon of 8.2% PWS structured note division continue to deliver superior returns and supe…

Why a change to state pension age is a wakeup for private investors.

In July, the government announced that it will bring forward by as much as 7 years the date on which the qualifying age for receiving state pension will rise to 68. While this change had been planned to take place in 2044, the announcement means that the jump from a pensionable age of 67 to 68, for both men and women, will now take place between…

80% year on year growth in transfers to personal pensions

We’ve written recently on the PWS blog about the current high transfer values available to participants in employer pension schemes who opt to transfer their funds out of their scheme and into a personal pension. As these high values are unlikely to be available for too long, we’ve pointed out that this is the time to act if you have a pension…