Pensions


How to avoid a 90% annual allowance cut if you need to access your pension

Even before Covid-19 hit, the money purchase annual allowance (MPAA) felt like an unfair punishment for savers whose only crime was accessing taxable income from...

Mon, 20/07/2020 - 17:02


Stamp duty sugar rush for the housing market

Today’s statement was always likely to focus on ‘good’ news items designed to stir the UK economy from its economic slumber. We got that in...

Wed, 08/07/2020 - 14:56


Five top tax tips for savvy pension savers

With the fallout from the coronavirus pandemic dominating the agenda and hitting investors in the pocket, it has never been more important to make...

Tue, 16/06/2020 - 10:12


UK workers prepared to pay extra 4% income tax to fund £300bn pandemic bill

Battling back from Covid-19 is going to be a long hard journey. As the UK Government eases lockdown restrictions and state support for the economy...

Thu, 04/06/2020 - 17:05


1.7 million younger savers vulnerable to ‘early access’ pension scams during Coronavirus crisis

The UK National Cyber Security Centre have warned Coronavirus is the “top lure” currently being used by online criminals. One in 8 (16%) of people...

Tue, 12/05/2020 - 13:49


Five things you should consider when accessing your pension during Covid-19

Over 1 million people have enrolled into the Government’s furlough scheme, while millions more are facing either unemployment, pay cuts or severe job insecurity. 1...

Mon, 04/05/2020 - 16:20


Pension vs Lifetime ISA: the tale of the tape for retirement investors

The Lifetime ISA (LISA), which is the first dual-purpose product aimed at both first-time buyers and retirement savers, has just celebrated its third anniversary....

Thu, 16/04/2020 - 14:32


Peak pension freedoms season: Five things to consider when flexibly accessing your retirement pot

The start of the new tax year is peak pension withdrawal season for UK savers. In each year since the pension freedoms were launched in...

Wed, 15/04/2020 - 15:58


The quirks that mean you can pay up to 200,000% in tax – and how to avoid them

The loss of some benefits and allowances can potentially result in effective tax rates way above the highest income tax band in the UK:

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Wed, 25/03/2020 - 14:33


Beware rise in pension scams as Coronavirus fraud reports surge 400%

While the country hunkers down in the hope of slowing the spread of Coronavirus, the economic fallout will inevitably lead to an increase in the...

Tue, 24/03/2020 - 11:03


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