Could your protected pension allowance tip over the edge?
An obscure adjustment to old pension benefits, mandated by the courts, might cost some pension owners many thousands in additional tax.
Pensions
Money purchase annual allowance penalties – pick a number
Freedom of Information requests have highlighted a lack of information around numbers hit with pension allowance penalties and the complexities around finding out.
Doctors tapering off as pension tax rules bite
Reports of senior doctors and consultants receiving unexpected tax bills after breaching pension annual allowance tapering rules highlight the need for regular reviews.
How long do you want to work…?
New labour market figures show record levels of employment for the over 65s. How long do you want to work?
Living longer, but…
A recent report shows that life expectancy is still improving, but not as quickly as was once expected.
Old case throws up pension protection risk
A European Court decision from 1990 is suddenly raising questions about a key element of pension taxation. On 17 May 1990, the European Court of Justice decided that gender equality should be applied to non-state pensions.
Protecting the state pension for stay-at-home parents
An issue concerning how the high income child benefit charge (HICBC) can potentially affect stay-at-home parents has emerged.
Filling the pensions hole for the self-employed
The Department for Work and Pensions (DWP) is aiming to expand pension coverage among the self-employed.
New earnings thresholds for auto-enrolment
In early December the DWP announced the thresholds that should apply to automatic enrolment pension contributions from 6 April 2019. We say ‘should’ because, strictly speaking, they need final approval from the Secretary of State, although any change is extremely unlikely.
State pension equality means increases for all
The State Pension Age (SPA) became equal for men and women for the first time, at age 65, on 6 November 2018.