One of the key advantages of saving for your retirement through a pension scheme is the tax relief you receive on the money you contribute, usually available at your usual rate of tax.
A recent study has found women are generally less well prepared for retirement compared to men.
You may remember the 2014 budget, where the Government announced that pensions freedoms would be introduced, to start in the 2015/16 tax year. Lauded as a great step forward, it allowed savers aged 55 and over the legal right to move their money
With a new tax year come changes to tax and benefits. But just as it’s important to know what changes are being made, it’s equally, if not more important, to actually understand how the change affect you or your business, or if it even has an impact on you at all.
Pensions information and advice which employers provide to their employees are unlikely to result in a tax charge on an employee benefit.
A recent statement from the government has announced plans to extend the automatic enrolment scheme so that it applies to all workers aged 18 or over by the mid 2020s.
Recent research has found that around 5 million people in the UK have ‘forgotten’ pension pots from final salary schemes of former employers.
Pensions are always an area up for discussion when election time rolls around, and the weeks leading up to this year’s snap election have been no exception
In the Budget earlier this month, the Chancellor Philip Hammond announced a 25% charge for people moving their pension abroad.
A recent study has revealed the worrying statistic that over a fifth of all people with multiple pensions have lost track of at least one.