Tag: pension
The exact total you should save before retiring for ‘comfortable’ life
Data shows how much every adult of working age should be saving annually for retirement. …
Brits issued urgent scam warning as pensioner loses £40,000 to cruel fraudsters
More than seven million UK adults have been hit by a scam in the past year, with 20% of them “significantly affected” by the financial loss. …
State pension age to rise in 2026 – here’s how you can prepare
With the state pension age set to rise, the countdown to retirement is changing, bringing new challenges and opportunities for financial planning. …
Pension savers urged against ‘knee-jerk’ move that ‘cannot be reversed’
Pensioners are being advised to make some key considerations before making rash decisions. …
Experts warn about pension mistake that could cost you £40k
Pension fees are deducted from your retirement savings and can be a fixed amount or a percentage of your pot. …
Rachel Reeves could scrap popular pension policy in Budget – and you’ll pay more tax
Labour Chancellor Rachel Reeves hinted recently there could be tax increases in the Budget and it is feared she could scrap a popular pensions option …
Rachel Reeves could make huge change to pensions in November
The Chancellor is expected to announce tax rises and spending cuts in the autumn Budget. …
Pensioners can claim DWP payments of up to £300 this week
Phonelines to make your claim for the cash opened this week. …
Middle class families ‘sleepwaking’ into inheritance tax issue unless they act say experts
With inheritance tax thresholds frozen, experts are warning middle class families who may not realise they could become liable in the near future …
Six taxes IFS says Reeves could change to fill £30bn black hole – what it means for you
From property to pension taxation reforms, the Institute for Fiscal Studies shared several tax proposals ahead of the Chancellor’s autumn Budget. …
