Tag Archives: pensions

New IFS report finds pensions undersaving a ‘ticking time bomb’

A report by the Institute for Fiscal Studies (IFS) reveals that many workers still make [...]

State pension ‘expected to rise by £460’ following earnings increase

The state pension is now expected to rise by £460 next April following a 4% [...]

How does flexi-access drawdown (FAD) work?

Pension drawdown, also known as ‘flexi-access drawdown’ (FAD), is a method of accessing your pension [...]

Autumn Budget: Capital Gains Tax increase ‘mostly likely course of action’

An increase in Capital Gains Tax (CGT) rates now seems the ‘most likely course of [...]

October’s budget set to feature ‘painful’ tax hikes, warns Keir Starmer

Prime Minister Keir Starmer has warned that Labour’s first autumn budget, due on Wednesday 30th [...]

Pension spotlight: One in five pensioners to be ‘dragged’ into higher rate taxes by 2028

Roughly one in five pensioners are set to be ‘dragged’ into paying higher or additional [...]

Video: Should you take tax-free cash from your pension?

Note: This information is for education purposes only – it does not constitute financial advice [...]

Tax-free cash: should you take a lump sum from your pension?

Under the current pension rules, UK savers are allowed to take up to 25% of [...]

Pensions spotlight: DWP urges pensioners to check winter fuel payment status

The Department for Work and Pensions (DWP) is urging pensioners to check their eligibility for [...]

Pensions spotlight: Government outlines details of ‘landmark pension review’

The government has outlined the approach it will take in its landmark pensions review, which [...]