Brits reclaimed £44 million for overtaxation on pension withdrawals in the first quarter of 2025, according to the latest HMRC figures. According to the data, over 15,000 reclaim forms were processed during...
The government collected record receipts from insurance premium tax and inheritance tax in the last year, according to the latest HMRC update. Its figures show the IPT tax receipts stood at £8.88bn...
Government receipts for both inheritance tax and insurance premium tax have reached record levels, according to new HMRC data. Its figures show that IHT receipts for the first 11 months of this...
Standard Life says it has seen increased demand for offshore bond last year, in part due to the proposed IHT reforms to pensions. Standard Life says saw a 56 per cent increase...
Broadstone says it is supportive of the government’s aim to include pensions with inheritance tax, in order to ensure they are primarily used to generate income in retirement, rather than as a...
SPONSORED CONTENT We believe using direct contribution (DC) pension fund investments to help tackle the UK’s housing shortage could be the way to the hearts of retirement savers when it comes to...
Pensions are expected to be a key focus of Rachel Reeves’s first Mansion House Speech, due to be delivered this Thursday. Many in the industry are expecting the new Chancellor to set...
The rise in employers national insurance could provide an unexpected boost for the pensions industry, via increased contributions to salary sacrifice schemes. Many are expecting more employers to offer these schemes, in...
The Budget decision to include pensions and pension death benefits within estates for inheritance tax (IHT) could lead to massive bureaucracy issues, and further delays for bereaved families when it comes to...
The Pensions Scams Industry Group (PSIG) has launched an industry-wide petition calling for a change in the way HMRC treats victims of pension and investment fraud. It is hoping to gain widespread...
