Tag: pension 2024
Voters must work 30 years longer than their MP for the same pension
MPs earn a basic salary of £91,346 plus expenses …
Urgent warning over poverty pensions after Chancellor pushes back reforms
The warning follows a decision by the Chancellor, Rachel Reeves, to push back a review and reforms of workplace pensions …
Pensioners face huge tax raid that could see them lose 64 per cent of pension pots
An exemption that allowed elderly people to pass on a pension pot free of inheritance tax if the holder died before the age of 75 has been removed. …
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 …