Prices rising at twice the rate of state pension increase
Despite the state pension rising by 3.1 per cent today, pension experts warn that the value of this benefit will decline in real terms with inflation currently rising at twice this rate....
Despite the state pension rising by 3.1 per cent today, pension experts warn that the value of this benefit will decline in real terms with inflation currently rising at twice this rate....
The Department of Work & Pensions have revealed it is working to correct a series of state pension errors, the majority of which it has not publicy revealed before. The problems came...
The union representing UK firefighters is preparing further legal action after the government has failed to act on a previous Court of Appeal ruling. In December 2018 the Court of Appeal ruled...
The pensions industry is launching a co-ordinated ‘engagement campaign’ designed to increase consumers’ basic understanding of pensions. This campaign, which is being led by the Association of British Insurers (ABI) and Pensions...
Millions of people will struggle financially later in life unless there is concerted action taken by both the government and employers to address this growing crisis. This was the conclusion of new...
The Department of Work and Pension has confirmed it will consult with the industry on new types collective defined contribution schemes later this year. This announcement, made by the pensions minister Guy...
Pension tax relief could be simplified as part of the Chancellor’s forthcoming tax plan, announced it today’s Spring Statement. Announcing the outline of this plan, Rishi Sunak said he wanted to make...
Chancellor Rishi Sunak confirmed his intention to relax the DC charge cap on pensions to help encourage more investment into illiquid assets, such as private equity and infrastructure. This announcement was contained...
The Chancellor’s £3,000 increase in the national insurance threshold — aligning it with the level at which people start paying income tax — will help many lower- and middle-earning families facing a...
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...