Pension tax crisis as Rachel Reeves ‘rule change’ to slap Britons with 40% inheritance bill
A large proportion of UK financial advisers have expressed alarm over forthcoming changes that will bring pension pots…
Pension drawdowns surge as retirees rush to withdraw funds at record rates
A record number of Britons are turning to pension drawdown to manage their retirement savings, with new figures…
Banks to offer targeted investment support after ‘game changing’ new rules
New measures allow banks and financial firms to to provide investment and pension recommendations from April, based on…
State pension tax allowance proposal REJECTED by Treasury: ‘Untargeted and costly’
The Treasury has rejected a parliamentary petition signed by 25,000 people calling for pensioners to receive a doubled…
Rachel Reeves implored to protect pensions from tax man as retirement savings ‘at risk’
Chancellor Rachel Reeves is facing calls to protect pension savings from HM Revenue and Customs (HMRC) following last…
Pension crisis as thousands of savers rush to withdraw millions of pounds in ‘irreversible’ pre-Budget panic
Thousands of pension savers rushed to withdraw tax-free cash from their retirement pots before the Budget, despite the…
People taking money out of pension pots could be due tax refund of nearly £4,000
More than 13,000 tax refund forms were processed earlier this year. The latest data from HM Revenue and…
A pensions crisis is coming. And experts fear Reeves’s tax raid will make it worse
Workers will be waiting longer to retire, because of ‘anti-saving’ measures in the Budget Rachel Reeves’s tax raid…
One million pensioners still missing out on £5,300 worth of support
More than a million pension-age households in the UK may be losing out on thousands of pounds every…
Pension WIN as 190,000 Britons urged to recover £31bn in ‘forgotten’ retirement savings
Some 190,000 Britons were encouraged to uncover an estimated £31billion in “forgotten” pension savings and bolster their retirement…