Unite launches judicial review process over Winter Fuel Payment cut
Unite said the Government's actions would affect millions of older people, and likely cause an increase in cold related deaths.
Autumn Budget 2024: State Pension Triple Lock remains
The government has decided to maintain the State Pension Triple Lock for the duration of this Parliament.
National insurance increase may drive employers to salary sacrifice pensions – Evelyn Partners
Chancellor Rachel Reeves is expected to raise the National Insurance Contribution rate for employers by 1% to 2% in the Budget tomorrow.
Stormont party leaders pledge opposition to winter fuel payment cuts
Party leaders called on the UK Government to reverse its plans to means test the winter fuel payment.
38% of pre-retired DB members lack retirement planning confidence – Just Group
Around 20% of those who had started planning were prompted by communication from their scheme provider.
Pension uncertainty turns spotlight on capital drawdown – Key Later Life Finance
The firm urged savers and advisers to embrace the broader philosophy of capital drawdown, focusing on all assets and particularly property wealth.
HMRC repays £44.3m in overpaid pension tax during Q3, experts call for reform
This issue has persisted since pension flexibilities were introduced.
‘Lost’ pots could mean £13,303 in unclaimed pensions for Brits – Moneyfarm
New research from Moneyfarm has found that 29% of the nation have no idea how many pension pots they have.
Action on lost pension pots needed with £31.1bn going astray, research reveals
This is an increase from 2.8 million pots valued at around £26bn two years ago.
Standard Life urges action to prevent poor retirement outcomes
Though there is a market for financial advice, the firm argued that it currently serves only a wealthy subset of the population.
Advisers face surge in pension queries as clients anticipate Budget changes – AJ Bell
AJ Bell found that almost all advisers reported clients approaching them with questions about potential changes.
Income Tax threshold freeze could be burden for pensioners – Quilter
Quilter commented on the rumours that Rachel Reeves may extend the income tax threshold freeze to 2030, and its impact on pensioners.
