Tag: pension news
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. …
Lloyds walks away from Reeves £50bn pensions deal
Under the deal, 17 of the UK’s biggest workplace pension providers have pledged to invest 10% of their default funds in private markets …
Panic as Brits forced to wait 1,000 days for pension transfers
One extreme case saw a single pension transfer take nearly three years to complete. …
Millions ‘sleepwalking’ into retirement poverty, warns Scottish Widows
A report by Scottish Widows reveals a worrying rise in the number of people who are not saving enough. …
‘Dangerous’ Rachel Reeves pension plan ‘could put millions of retirement pots at risk’
The pension sector is one of the country’s most powerful financial engines …
HMRC update as more than a million people owed cash
HMRC owes more than a million people, mostly women, extra payments. …
Pensions black hole – Brits have ‘eyes shut’ over savings
The findings, from Aviva, suggest the nation is heading towards a “pensions black hole” …
