New inheritance tax regulations scheduled for implementation in April 2027 will fundamentally alter how individuals utilise pension funds for wealth transfer. Under the proposed changes, most unused pension funds will
Pensions
69Articles
The International Monetary Fund has advised the British government to prioritise reductions in pension and welfare spending over increasing taxes on the banking sector. Helge Berger, the deputy director of
Helen Whately, the shadow pensions minister, has issued a stark warning to Andy Burnham, stating that he will live to regret the decision to scrap the triple lock on the
Kemi Badenoch has reaffirmed the Conservative Party’s commitment to the triple lock pension, describing it as the correct policy for the nation. The leader made these remarks ahead of the
Gold has secured a durable position within the portfolios of several major pension funds as investors seek protection against inflation, market shocks and the diminishing diversification benefits of government bonds.
Prime Minister Andy Burnham has announced plans to end the existing state pension triple lock from 2030, a move designed to generate significant savings for the funding of a new
The UK pension industry has issued a stark warning to Chancellor Rachel Reeves, urging her to prevent tax speculation from spiralling out of control ahead of the forthcoming Autumn Budget.
The Business Secretary has refused to rule out the prospect of retirees paying income tax on the state pension from next year, a stance that has generated significant concern among
The number of retirees paying the highest rates of income tax has doubled over the past five years, with more than one million pensioners now liable for 40 per cent
Dame Julia Hoggett, boss of the London Stock Exchange, has called on pension providers to increase clarity regarding their portfolio compositions. She argues that greater transparency would encourage institutions to
John Healey must address the widening inequality in retirement provision before his autumn budget is finalised. Private pensions function as a privilege for the wealthy while acting as a burden
The Cabinet Office has acknowledged that the decision to outsource the civil service pension scheme has resulted in significant failures, with maladministration leaving some retired civil servants waiting up to
Capita says failures on its Civil Service Pension Scheme contract could cost up to £40 million and delay cash-flow recovery.
Capita has long sold itself to government as the steady pair of hands that can take complicated back-office systems off ministers’ desks and run them more cheaply, more efficiently and,
In an era when financial security during retirement has become increasingly elusive, the plight of pensioners such as Heather Rowell underscores the broader issues afflicting the elderly in Britain. After
The ongoing cost of living crisis in the United Kingdom has rekindled the debate surrounding the state pension’s triple lock. The policy guarantees that pensions increase each year by the