Pensions

How scrapping higher-rate pensions tax relief would hit middle Britain, including NHS workers

Given the black hole the coronavirus pandemic has blown in the Treasury’s finances, it is no surprise pension tax relief is now firmly in the...

Wed, 31/03/2021 - 09:05

Budget 2021 - Furlough extension, stealth taxes and a new NS&I Green Bond

The chancellor has continually promised to do “whatever it takes” to support businesses and workers through lockdown so it’s come as no surprise that both...

Wed, 03/03/2021 - 16:18

What does the March Budget hold in store?

The tussle between economic stagnation and combustion leaves the Chancellor performing a high wire tight rope act in next week’s Budget. On one side lies...

Tue, 02/03/2021 - 17:05

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

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

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