Tag: Pension 2025
Pensioners hit with £7,550 warning as Hargreaves Lansdown issues urgent alert
Sales of annuities, which offer people to use their pension pots to buy an income for life, have skyrocketed by 24% in the last year. …
Victory for pensioners in £1.4 billion HMRC tax overpayments scandal
As many as 470,000 people have lost vital income totalling £1.37 billion, which then had to be reclaimed, because of flaws in the HMRC tax collection system. …
Seven big pension changes coming in 2025
Seismic changes to the pension framework, particularly around inheritance tax, have arrived thick and fast in recent years. …
All pensioners issued message over £6,843 income boost every year
The current cloud over the UK’s finances and the impact of the October budget from Rachel Reeves has come with a silver lining for some pensioners. …
