Tag: pension
Wealthy workers face £80,000 hit to pension pot nest eggs in rumoured Labour raid
Chancellor Rachel Reeves is rumoured to be looking at scaling back rates of tax relief available on pension contributions made by people paid over £50,270 …
Parents urged ‘take £800 action’ to avoid tax raid and lose free childcare
Experts at AJ Bell suggested someone earning just over £100,000 could reclaim £11,330 in tax and lost childcare benefits. …
Insurance sales boom amid surge in value of deals offering over £7,000 a year for life
The increase comes on the back of big increases in the value of the yearly income offered …
Fears Rachel Reeves is plotting ‘pension death tax’ as Chancellor looks to scrounge cash
A pension inheritance tax reform has been described as a possible “low-hanging fruit ready to be picked.” …
The one pension rule Rachel Reeves wouldn’t dare to touch after winter fuel fiasco
Speculation about cuts to tax relief is growing ahead of November’s Autumn Budget. …
State Pension freeze hits 453,000 – who is affected and why payments won’t rise
The UK State Pension has three components – the Basic State Pension, Additional State Pension and the New State Pension …
I’m a solicitor – couples make this one costly mistake when going through divorce
Going through a divorce is often a stressful process but making sure your assets are protected is an important part of securing your future. …
Starmer under pressure amid fears free bus travel for pensioners could be axed
Tories are pressing Sir Keir Starmer’s government to rule out scrapping concessionary travel fares …
Warning changes to state pension age could leave millions in poverty
The state pension age in the UK is currently 66, but it is scheduled to rise to 67 between 2026 and 2028 and then to 68 between 2044 and 2046 …
‘I grew my pension pot by £11,000 in just 8 months – without paying a penny more’
Scott Dixon boosted his pension savings by taking a “calculated” risk. …
