The Blincoe Blog

The New Pension Limits After the Lifetime Allowance: What You Need to Know
In April 2023, Jeremy Hunt announced that the Lifetime Allowance would be abolished. This represents a significant shift in the UK's pension landscape, particularly for individuals with substantial pension savings.

Why Annuities Are Making a Comeback—and How to Use Them in Retirement
According to a recent FT article, “annuity sales soared to their highest level in a decade in 2024, as high rates and economic uncertainty drove people towards the products and their guaranteed income streams”.

Why the First Years of Retirement Are the Riskiest (and How to Protect Yourself)
Sequence risk refers to the order in which investment returns occur. It is one of the most underappreciated risks and is particularly relevant for new retirees who have shifted from a saving / wealth creation phase to spending their investments.

A Smarter Retirement Strategy: How Risk-Based Guardrails Maximise Flexibility
A more flexible approach to retirement spending, one that takes into account investment performance and adjusts spending threshold accordingly.

Retirement Spending: How to Balance Fear of Running Out with Fear of Missing Out
Retirement Spending: Balancing the Fear of Running Out with the Fear of Missing Out

Public Sector Pensions Explained: How to Maximise Your NHS or Civil Service Retirement
Exploring the benefits of Public Sector Pensions, and scope to increase entitlement through Additional Pension purchase.

Why New Pension Rules in 2027 Feel Like a Lifetime Allowance All Over Again
The new pension rules, to be introduced from April 2027, resemble a lifetime allowance in disguise.

Annuity vs Drawdown: Making the Right Retirement Income Choice
Annuities are back on the retirement menu

How Cashflow Modelling Helps You Answer: When Can I Afford to Retire?
The power of cashflow modelling in retirement planning

Planning the Third Act: How to Build a Retirement You’ll Enjoy
Moving from a period of saving to spending can be emotionally challenging, but herein lies the true value of financial planning

The 60% inheritance tax trap
Certain estates are subject to a marginal 60% inheritance tax once their value exceeds £2m
"...and how to achieve an immediate 20% tax saving”

How much does a 'good' retirement cost?
When planning for retirement, the key question is 'how much do you plan to spend in retirement'? But this can be hard to answer.

Twisted FIRE starter
Using cashflow modelling to determine the point of financial independence
"Financial independence may be closer than you think”

Buying commercial property via your pension
Small business owners can turbocharge their pension savings by buying their own business premises via a personal pension.

Pension pot for life
Looking at the pros and cons of the Chancellor's plans for a single 'pension pot for life'
"One pot to rule them all, and in the darkness bind them”

Unclaimed pension tax relief
Every year, higher and additional rate taxpayers leave millions of pounds of pension tax relief unclaimed. According to recent research, this could be worth as much as £1.3bn over a 5-year period.

Valuing the State Pension
On current annuity rates, a full State Pension is equivalent to a private pension worth over £200k
"The best investment you never had"

The marginal 60% tax trap
Once taxable income breaches £100,000, you become subject to an effective 60% income tax on the next £25,140. However, this can be mitigated via pension contribution.