Pensions

State pension increases by 3.1% …but soaring inflation means retirees will still feel the pinch

When is a pay rise not really a pay rise? When the cost of the things you buy are increasing by more than the extra...

Thu, 14/04/2022 - 10:59

Chancellor does little to ease cost of living crisis

The big rabbit out of Rishi Sunak’s hat was announcing a cut to income tax rates from 2024, and while that will grab the headlines...

Wed, 23/03/2022 - 17:38

Tax year end retirement tips and traps savers need to know

“The end of the tax year is a natural time for people to check they are making use of their annual tax allowances before they...

Mon, 21/03/2022 - 10:19

The rise of the job hoppers: Millennials could each have five pensions on average as employer switches become more common

While Baby Boomers born post-World War II might have had only one or two employers in their career – potentially offering generous guaranteed defined benefit...

Fri, 18/03/2022 - 09:07

New year, new finances: Five money resolutions for 2022

January is a month where most people stay in, shun socialising and have a bit of spare time on their hands, so it’s the ideal...

Wed, 22/12/2021 - 13:10

Over 50s leaving work early could hit retirement plans…and cost the UK economy £88 billion

The early exit of people aged between 50 and state pension age from the workforce has a significant impact on both individual retirement plans and...

Fri, 27/08/2021 - 11:15

How mooted pension tax relief reform plans could hit savers

Recent press reports suggest the Treasury is eyeing cuts to pension tax incentives to help pay the cost of COVID. Reforms said to be under...

Thu, 24/06/2021 - 17:31

Inflation is back…but what could it mean for people’s retirement incomes?

It’s been a long time since the spectre of inflation has loomed quite as large as it does today.

CPI has doubled in the...

Fri, 28/05/2021 - 10:01

Queen’s Speech: What will the Government’s financial services priorities be in 2021 and beyond?

The vast health and economic challenges presented by the coronavirus pandemic will inevitably be at the heart of the Queen’s Speech next week. However, there...

Tue, 11/05/2021 - 10:18

Will 'peak pension freedoms season' return after pandemic-induced withdrawals slump in 2020

Until 2020, the beginning of a new tax year has traditionally been peak pension withdrawal season, with UK savers taking advantage of a fresh set...

Fri, 09/04/2021 - 13:46

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