Tag: pension 2024
Overseas retirement dream for pensioners threatened by budget tax change
Changes in the budget mean retirees can no longer take two separate cash lump sums from their nest eggs free of tax or a charge …
Couples who decide against having children can boost pension pot by £226,000
The nation’s birth rate has fallen to the lowest level since records began in 1938 …
Fury over ‘disastrous’ £13,000 loss to private pension pots
It is rumoured that the Chancellor will change the rules to require employers to pay National Insurance on their contributions to staff pensions …
Doctors warn any Budget attack on pension perks will fuel exodus from NHS
The Chancellor is rumoured to be considering reducing the tax relief paid on pension contributions …
Backlash over move to spare public sector from Budget pension raid
The Chancellor, Rachel Reeves, has signalled she will make up any resulting in shortfall in budgets, which would have meant making cuts to key services. …
Tax relief warning as pensioners could face 70 per cent charge in Labour raid
Pension savers have been warned they could be hit with huge fines if they move their funds around ahead of an anticipated tax raid in the Autumn Budget …
Pensioners face mortgage crisis over £100,000 cap on lump sum
Chancellor Rachel Reeves is rumoured to be planning to cut the figure people can take from their pension nest eggs free of tax from the current £268,750 …
Thousands of married women could get £10,000 pension payouts over ‘sexist’ red tape
The parliamentary ombudsman has launched an investigation into concerns that the women missed out on receiving a higher state pension …
Warning over your pensions as the number of people living to 100 surges
The number of centenarians in the UK has doubled in the past 20 years to almost 15,000 and is expected to rise to almost 400,000 over the next 100 years …
Wealthy workers face £80,000 hit to pension pot nest eggs in rumoured Labour raid
Chancellor Rachel Reeves is rumoured to be looking at scaling back rates of tax relief available on pension contributions made by people paid over £50,270 …
