Pension freedom
Over one million UK savers embrace relaxation of rules The Government’s announcement on the relaxation of pension rules changed the investment landscape and pension freedoms show no sign of losing their popularity. HM Revenue & Customs latest figures[1] on the...
Tracing a lost pension
Nearly £20 billion unclaimed money and growing The scale of the UK’s lost pensions mountain has been exposed by the largest study yet on the subject[1]. The Pensions Policy Institute surveyed firms representing about 50% of the private defined contribution pensions...
Pensions: why have one, what do they mean for your future and what is the alternative?
The Office of National Statistics ONS, has revealed that just under 50% of people do not have any private pensions. This means that when they retire, they will be relying on the State or any investments they have to fund their income. Pension companies are struggling...
Could you be paying unnecessary tax on your State Pension?
Half a million workers past pension age could be paying unnecessary tax A significant number of people working past the state pension age could be paying unnecessary tax on their state pension, according to new research[1]. This is because they failed to take up the...