Contributions into personal and stakeholder pensions — which includes workplace pensions — increased by 12 per cent between the 2018/19 and 2019/20 tax years, according to the latest HMRC figures The annual...
Little has been left untouched by Russia’s invasion of Ukraine. Add to the growing list the British tax system. Because a U-turn on planned rises to National Insurance rates from April must...
It is extraordinarily rare that you get government intervention in financial services that is widely heralded as a good thing. Help to Buy: great for developers, expensive for first time buyers. Pension...
The Chancellor’s announcement of an increase in the charge cap for auto-enrolment pension schemes, above the current 0.75 per cent level, has been well-trailed. The intention to encourage more pension money to...
The Chancellor has announced plans to address the ‘net pay anomaly’ which has seen many low-paid workers miss out on tax relief on their workplace pension contributions. However, pension experts have criticised...
More than one in three DC savers at retirement planning age are unaware they can make tax-free withdrawals from their pension, according to research from Hymans Robertson. This survey showed there was...
A new simplified advice option could be available within two to three years, with regulators and government looking at options to plug the advice gap for financial services. Speaking at the Corporate...
Almost eight out of 10 married people have no idea what their spouse’s pension is worth according to new research. This equates to some 15m people. The survey found that almost half...
The vast majority of retired people gave up work without seeking help from either a financial adviser, their workplace, or the government's free pension service, according to new figures from Just Group. ...
Moving to a flat rate of pensions tax relief would not significantly improve the retirement incomes of lower earners according to a new report from the Pensions and Lifetime Savings Association. This...
