Pensions

UK workers prepared to pay extra 4% income tax to fund £300bn pandemic bill

Battling back from Covid-19 is going to be a long hard journey. As the UK Government eases lockdown restrictions and state support for the economy...

Thu, 04/06/2020 - 17:05

1.7 million younger savers vulnerable to ‘early access’ pension scams during Coronavirus crisis

The UK National Cyber Security Centre have warned Coronavirus is the “top lure” currently being used by online criminals. One in 8 (16%) of people...

Tue, 12/05/2020 - 13:49

Five things you should consider when accessing your pension during Covid-19

Over 1 million people have enrolled into the Government’s furlough scheme, while millions more are facing either unemployment, pay cuts or severe job insecurity. 1...

Mon, 04/05/2020 - 16:20

Pension vs Lifetime ISA: the tale of the tape for retirement investors

The Lifetime ISA (LISA), which is the first dual-purpose product aimed at both first-time buyers and retirement savers, has just celebrated its third anniversary....

Thu, 16/04/2020 - 14:32

Peak pension freedoms season: Five things to consider when flexibly accessing your retirement pot

The start of the new tax year is peak pension withdrawal season for UK savers. In each year since the pension freedoms were launched in...

Wed, 15/04/2020 - 15:58

The quirks that mean you can pay up to 200,000% in tax – and how to avoid them

The loss of some benefits and allowances can potentially result in effective tax rates way above the highest income tax band in the UK:

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Wed, 25/03/2020 - 14:33

Beware rise in pension scams as Coronavirus fraud reports surge 400%

While the country hunkers down in the hope of slowing the spread of Coronavirus, the economic fallout will inevitably lead to an increase in the...

Tue, 24/03/2020 - 11:03

The personal finance announcements to look out for in next week’s Budget

New Chancellor, Rishi Sunak will make his first Budget announcement next Wednesday, 11 March. Laura Suter, personal finance analyst at AJ Bell and Tom Selby,...

Fri, 06/03/2020 - 17:12

Four reasons for the pensions gap – and how to tackle them

The nation isn’t saving enough for their retirement, but women end up with pension pots lower than men – which can have a dramatic difference...

Mon, 02/03/2020 - 16:46

Self-employed pensions: Making retirement work for you

The UK is in the midst of an entrepreneurial boom. The level of self-employment surged from 3.8 million in 2008 to almost 5 million today,...

Wed, 26/02/2020 - 11:33

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