Episode 310 - On this week's show I explain the rules surrounding cashing in small final salary and defined contribution pensions. I look at how to build an equity income portfolio that would have provided a growing income even in 2020, a year where companies widely scrapped dividend payments. Finally, we explain how your Body Mass Index impacts life and health insurance applications and premiums.
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Resources
- Should I transfer my final salary pension?
- Triviality and commuting small pensions for cash
- Don't accidentally cash in the 'wrong' pension pot first! Obscure tax rule can slash your annual savings limit by 90%
- BMI healthy weight calculator
- MTTM Podcast Episode 271 – Drawdown explained, Number hacks and Buffett lessons
£200 Pension Cashback Offer
Make a qualifying deposit or transfer a pension to our partner Interactive Investor.
- Deposit or transfer a pension of at least £20k and you could earn £200 cashback
- Terms and Fees apply, Capital at risk
- New & Existing customers opening a SIPP
- Offer ends 30th June 2026
Before starting your transfer, check you won't lose any valuable benefits (such as guaranteed annuity rates or a lower protected pension age) and find out what exit fees you might have to pay