Tag: pension news
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. …
MP pension perks leave voters working 30 years longer for same retirement savings
Figures show a significant gap in pension benefits between different groups. …
Voters must work 30 years longer than their MP for the same pension
MPs earn a basic salary of £91,346 plus expenses …
Four tips to get your pension in order in the New Year – and one ‘last chance’ opportunity
Taking a few simple “yet effective” steps can help savers secure a “comfortable” retirement, a pensions expert has said. …
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 …
Pension expert explains how to turn £400 into £32,970 retirement savings
Contributing a small amount can see savers benefit “hugely”, an expert has said. …
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 …
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. …
