Saturday, February 29, 2020
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flexible access

Pension Savers Pay £433m Too Much Tax

Thousands of over 55s have overpaid millions in tax after drawing money from their retirement savings under flexible access pension rules. The mandarins at HM...

How Much Is Your Pension Fund Worth?

If you are saving into a pension, you are probably wondering how much money you will get on retirement. It’s a common question retirement savers...

Pension Freedoms Explained

Pension freedoms give retirement savers choices about how they can spend their money once they hit the age of 55 years old. Introduced in April...

Pension Savers Should Get A Better Deal, Say Watchdogs

Financial watchdogs want retirement savers to be told more about their pensions and a clearer charging structure if they choose pension drawdown. The Financial Conduct...

Pension Freedoms Still Confusing Retirement Savers

Thousands of retirement savers are confused about the pension options they have when they reach 55 years old. Pension freedom rules which let savers take...

What Pensions And Marshmallows Have In Common

Financial regulators are trying to close the pension transfer barn door well after the horse has bolted into the distance. A disgraceful feeding frenzy over...

Boosting The Tax-Free Cash From Your Pension

Tax is complicated and too many retirement savers take money from their pensions without considering the financial consequences. You can end up with more tax-free...

It’s Possible To Save £1m Even If You Are 50 With No Savings

If you’re aged 50 or over and want to retire with a £50,000 a year pension, can you do it? You need a £1 million...

Don’t Fall Into These Pension Money Traps

Two years after the start of pension freedoms, unwary retirement savers are still losing money to financial pitfalls. Finance professionals are warning that some savers...

Too Much Tax Grabbed From Pension Savers

The tax filing deadline has just passed but tens of thousands of retirement savers who took money from their pensions under new easy access...

Latest news

Spending Cash Is Becoming A Thing Of The Past

The days of handing over cash could be numbered as the economy is in a shift to digitisation, warn campaigners.

Business Angels In Call To Ditch EU Investment Handicaps

Fund managers are worried that a Brexit trade deal will see the government scrap or restrict tax breaks on hugely successful investment schemes that...

Global Giant Shuts Poor Performing Funds

Investors choosing to pull their cash from wealth manager Jupiter have triggered the closure of two under performing funds. The global investment giant has announced...

Super Tax Refunds On The Way For 2.6m Aussie Savers

Millions of Australian superannuation savers are set to pick up a surprise cash payment from the taxman. Around 2.6 million saving for retirement in a...

Builders Scamming Online Find-A-Trader Sites

Unscrupulous builders are scamming online find-a-trader platforms by bribing customers to post fake reviews, a web site owner claims. Even though thousands of home owners...
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