Tag: investing
‘Startling’ rise in pension lump sum withdrawals as Budget tax fears ramp up
Britons accessed a staggering £10billion worth of tax-free pension cash in the six months to March, marking a 72% rise in withdrawals. …
Petition to stop Reeves’s inheritance tax on pensions hits major new milestone
Campaigners have branded the policy change “unfair”, arguing that it disincentivises people from funding their pensions. …
Ross Kemp urges Brits to strengthen pension and ‘gain serious pounds’ in three steps
Former EastEnders actor Ross Kemp has taken part in a fitness workout for a new campaign urging people to ‘pay their pension some attention’. …
Gold surges 30% in a year to break through $3,500 an ounce
The precious metal has jumped by more than 30% this year and doubled in value over the past three years …
Young adults to put in this exact amount for ‘comfortable retirement’ pension experts say
Experts have revealed the exact amount Brits need to put into their pension each month in order to have a ‘comfortable’ retirement …
Brits call to stop Reeves’s ‘unfair double tax’ of pension funds as thousands sign
Campaigners argue the move is “disincentivising” people to contribute to pensions. …
New inheritance tax rule change could leave families facing £82,000 bill
More families will face being dragged into the inheritance tax net when rules change in 2027. …
HMRC’s ‘little-known’ rule can boost pensions by £720 a year
Only a third of people are aware of this lucrative pension rule, new research shows. …
Pension alert issued over cashback offers ‘tempting’ savers to transfer pots
The Financial Conduct Authority has issued a warning about cashback offers as it published the findings from its multi-firm review of life insurers’ pension transfer processes. …
Pension tip can make ‘enormous’ difference to retirement savings – only 34% know about it
An expert described the rule as a “powerful” way to boost the retirement planning of a loved one. …
