Government responds to calls for major tax rule change for state pensioners
Almost 40,000 people have signed a petition calling for the tax free allowance for the state pension to…
State pension disaster as 250,000 older Britons stuck in poverty since retirement age raised
An estimated 250,000 older Britons have fallen into poverty since increases to the state pension age were implemented…
Rachel Reeves’s pension changes ‘a mockery’ as politicians fail to lead by example
The Parliamentary Contributory Pension Fund holds less than 3 per cent of its equity investments in British shares,…
Millions of savers to receive targeted support as experts hail ‘significant step’
Pension providers will be able to offer direct recommendations to savers for the first time under a major…
State Pension age set to rise next April for people born in specific years
The State Pension age will increase from 66 to 67 between 2026 and 2028. The State Pension age…
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…