Tag: pension news
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 …
Over 55s warned they could face a tax ‘shock’ on their retirement income
Thousands may be unaware of the tax implications of their retirement income. …
Expert warns people they have 30 days to reverse pension mistake
Savers looking to return tax-free lump sums back to their pensions may have to act quickly. …
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 …
Major change to UK pensions as one scheme allocates 3% to Bitcoin
This is the first UK pension scheme to buy into cryptocurrency. …
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 …
Expert warns Rachel Reeves must commit to ‘tax lock’ to save our pensions
Rumours of pension tax changes have shaken the confidence of one-third of Britons in saving for retirement, new research shows. …
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. …
Pension warning for over-55s as more than third have never checked this
Being “proactive” is essential when it comes to pension and inheritance tax planning, an expert has said. …