Tag: pension news
Major pensions update as millions set for ‘retirement savings boost’
The Pension Schemes Bill aims to create “bigger and better pension funds” and combine smaller pension pots. …
Exact amount you need to retire – and it might be good news for many
The Pensions and Lifetime Savings Association sets three different lifestyles to give people a general indication of what they may be on track for in retirement. …
The £1 trick to save pensioners overpaying £2.8k in tax
Thousands of pensioners have been charged more tax than necessary year on year. …
Pensions ‘at risk’ under Rachel Reeves’ plan
The move would see current rules relaxed to allow employers to extract ‘surplus’ cash from final salary pension schemes …
Six in 10 Brits risk missing ‘golden pension opportunity’ due to common misconception
People have more power over their pensions than they think – grasping it can make “a big difference”. …
Millions of Brits may be able to boost pension savings by £9,470 – check now
Many Brits may be completely unaware that they’re missing out. …
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
Pension savers warned of ‘nasty shock’ if they fail to take ‘important’ step
Nearly half of pension savers who do this are on track for a “moderate” retirement. …
POLL: Do you trust Rachel Reeves with your pension?
The new pensions initiative is estimated to unlock at least £25billion for the UK economy by 2030, but do you trust it? Vote now. …
How much you need for a ‘comfortable’ retirement in the UK
Rising costs mean Britons need to save much more in their pension pots to live comfortably in retirement. …
