News
Surge in ISA and pension contributions due to tax raid fears pre-Budget
Pension withdrawal requests more than doubled in October compared to the previous year.
Pensions & Retirement
Pensions & Retirement
West Bromwich Building Society pension scheme completes £70m buy-in with Canada Life
This transaction secures the benefits of all uninsured scheme members, covering about 490 deferred members and 400 pensioner members.
News
‘DINK’ couples could double retirement savings – Standard Life
Those who consider funnelling more of their money into their pension pots could boost their retirement prospects, even if they decide to have children later in life.
News
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.
News
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.
Pensions & Retirement
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.
News
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.
News
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.
News
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.
News
HMRC repays £44.3m in overpaid pension tax during Q3, experts call for reform
This issue has persisted since pension flexibilities were introduced.
News
‘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.
News
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.