Escaping the higher minimum pension age
After the recent publication of the Finance Bill, the government unexpectedly closed the transfer window that allowed savers to join pension schemes and access their funds at 55.
Pensions
Triple Lock shifts to Double Lock in 2022
The DWP has revealed that the Triple Lock will not apply next April, leaving a funding gap worth up to £9.35 a week. So how will the new Double Lock affect you?
The pension annual allowance trap
HMRC figures show that the pension annual allowance continues to help fill its depleted coffers but to the detriment of the taxpayer. How are your contribution levels looking?
Reconsidering your pension contributions
Increases to NICs from next April may disadvantage employees who make direct contributions to their pension pot, with salary sacrifice becoming a more attractive option.
Pension age steps closer to 57
The government has published draft legislation to raise the minimum age for drawing pension benefits from 55 to 57.
The Triple Lock trip up (take two)
State pension increases and the Triple Lock are back in the spotlight.
Pensions lifetime allowance devaluation continues
The standard lifetime allowance freeze announced in the Budget will have a big impact on those approaching retirement.
New rules on pension drawdown and investment
Pension providers must offer more protections for pension drawdown through clear investment pathways. Always seek advice before making pension investment changes.
The triple lock marches on…
The triple lock means state pension payments rise 2.5% for most amid strengthening calls to remove this guaranteed increase.
Triple lock survives – for now
The government has acted to ensure state pension increases can happen next April