Related topic: Pension

The rise takes the annual benefit just £23 under the frozen personal allowance threshold and will drag more retirees into paying income tax next year.

Advisers can conduct analysis, generate reports and manage client data entirely within Xplan.

Less than 4% feel optimistic about the next six months.

Existing figures assume that the state pension ‘triple lock’ remains in place for the next fifty years.

The average pension pot for a self-employed worker could sit at just £50,700 at retirement — roughly 15% of that of employees. 

UK adults who receive professional financial advice report a retirement confidence score of 5.5 out of 10 – well above the 4.2 national average.

Work and Pensions Secretary says new evidence has been discovered that was not shown when deciding whether the group were due compensation.

Reeves was reportedly considering cutting or capping the tax-free pension lump sum.

Over a fifth of young people believe they’ll need £100,000+ a year for a good retirement.

Industry experts have proposed an average 20-year state pension and a new 'guaranteed period' of five years.