Tag: pension
Warning tax raid on pension contributions ‘could deter savers’
Currently, workers on more than £50,271 can claim tax relief on their pension contributions at a rate of 40 percent, which matches the income tax rate payable. …
Investing an extra £20 a month could boost your pension by £100,000 – here’s how
Small increases in pension contributions can significantly boost overall savings by thousands. …
Map shows DWP and PIP changes across Britain – full list of changes where you live
A major overhaul of benefits assessments has been announced and will affect many across the country. …
Rachel Reeves urged to mount £9 billion tax grab from workplace pensions
The Resolution Foundation said the Chancellor should look to make companies pay national insurance on money contributed to staff pension schemes. …
DWP: People claiming PIP may be able to get £750 ‘one-off’ top up payment
690,000 people are eligible for the new Government scheme. …
UK households face possible Labour £65k inheritance tax on pensions under new proposal
Brits could be hit with a new death duty from October, as Labour eyes up inheritance tax as a way to help plug the £22bn black hole left by the Tories in the Cost of Living crisis …
Two million people heading for pension crisis as Brits warned of ‘collapsing savings’
Millions could retire with just £15,000 a year to live on because their pension pots will be left empty, a report warns. …
Experts say these 1.6 million pensioners will be worst hit by DWP Winter Fuel cut
Experts at Lane Clark & Peacock have calculated some pensioners in the UK earn less that 60 percent of the national average income. …
Date state pension will rise £400 to £12k a year say experts
The figure is based on Treasury documents given to the BBC in what appears an effort to cool the backlash over the controversial decision to axe the Winter Fuel Payment …
‘Pension plan could see £217,000 added to nest egg’ says Standard Life
Pension experts Standard Life say raising the contributions made by workers and their employers could make a big difference to their retirement pension pot …
