Pensions

Over 50s leaving work early could hit retirement plans…and cost the UK economy £88 billion

The early exit of people aged between 50 and state pension age from the workforce has a significant impact on both individual retirement plans and...

Fri, 27/08/2021 - 11:15

How mooted pension tax relief reform plans could hit savers

Recent press reports suggest the Treasury is eyeing cuts to pension tax incentives to help pay the cost of COVID. Reforms said to be under...

Thu, 24/06/2021 - 17:31

Inflation is back…but what could it mean for people’s retirement incomes?

It’s been a long time since the spectre of inflation has loomed quite as large as it does today.

CPI has doubled in the...

Fri, 28/05/2021 - 10:01

Queen’s Speech: What will the Government’s financial services priorities be in 2021 and beyond?

The vast health and economic challenges presented by the coronavirus pandemic will inevitably be at the heart of the Queen’s Speech next week. However, there...

Tue, 11/05/2021 - 10:18

Will 'peak pension freedoms season' return after pandemic-induced withdrawals slump in 2020

Until 2020, the beginning of a new tax year has traditionally been peak pension withdrawal season, with UK savers taking advantage of a fresh set...

Fri, 09/04/2021 - 13:46

How scrapping higher-rate pensions tax relief would hit middle Britain, including NHS workers

Given the black hole the coronavirus pandemic has blown in the Treasury’s finances, it is no surprise pension tax relief is now firmly in the...

Wed, 31/03/2021 - 09:05

Budget 2021 - Furlough extension, stealth taxes and a new NS&I Green Bond

The chancellor has continually promised to do “whatever it takes” to support businesses and workers through lockdown so it’s come as no surprise that both...

Wed, 03/03/2021 - 16:18

What does the March Budget hold in store?

The tussle between economic stagnation and combustion leaves the Chancellor performing a high wire tight rope act in next week’s Budget. On one side lies...

Tue, 02/03/2021 - 17:05

How to avoid a 90% annual allowance cut if you need to access your pension

Even before Covid-19 hit, the money purchase annual allowance (MPAA) felt like an unfair punishment for savers whose only crime was accessing taxable income from...

Mon, 20/07/2020 - 17:02

Stamp duty sugar rush for the housing market

Today’s statement was always likely to focus on ‘good’ news items designed to stir the UK economy from its economic slumber. We got that in...

Wed, 08/07/2020 - 14:56

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