7 Ways to Beat the Pension Crisis

Anthony Vice

How To Books Ltd, 2004 - Business & Economics - 144 pages

This up-to-date, relevant guide to dealing with the pension crisis explains new rules to come into force in 2005 and outlines seven effective ways to secure a more prosperous retirement. Advice is aimed at the 40-plus age group - so don't think it's ever too late to take steps that will really make a difference.
The book explains how to; build up tax-free ISAs then switch them under the planned new rules into pension assets, bringing you safe yields of up to 15 percent; go into property, raise money from your home, buy a second home, set up a holiday let and become a landlord; build an investment portfolio, balancing cash, fixed interest and shares to spread risk and exploit growth prospects; use unit trusts to gain professional skills - and how to keep down the buying costs; arrange stakeholder pensions where each basic plan brings you a government subsidy of #16 a week; and buy into a roll-up fund if you plan to retire abroad or if you expect your tax rate to fall when you stop working.

Contents

• The Second Way Work Out a Strategy 88: 8
• The Third Way Boost Your Pension: 17
• The Fourth Way Grow Your ISAS: 34
• The Fifth Way Build a Portfolio: 52
• The Sixth Way a Pension From Property: 87
• The Seventh Way Use Insurance: 107
• If Things Go Wrong: 118
• Be Sure to Win the Last Round: 133
• Glossary: 139

Bibliographic information

• Title: 7 Ways to Beat the Pension Crisis
• Author: Anthony Vice
• Publisher: How To Books Ltd, 2004
• ISBN: 1857039424, 9781857039429
• Length: 144 pages
• Subjects: Business & Economics / Labor / Wages & Compensation; Business & Economics / Personal Finance / Budgeting; Business & Economics / Personal Finance / General; Family & Relationships / Life Stages / Later Years