Related topic: Pension

The former pensions minister is urging DWP to ensure records are retained for as long as they may be needed to clear up any outstanding state pension errors.

PIMFA says the changes could lead to bereaved individuals and families facing unfair costs and delays.

The data shows a dramatic fall in the use of advice for drawdown, from two-thirds to less than half in six years.

People are starting to explore ways of moving money out of the IHT net ahead of the 2027 changes.

The Chancellor risks a new ‘Omnishambles’ Budget if she raids pension tax relief, a new report warns.

Graduates that top up their pension contributions by just 1% per month from the start of their career could build up an extra £26,000 in their retirement pot.

Around 60,000 investors claimed refunds in 2023-24.

The increase is likely to cause more pensioners to be liable for income tax given.

The guaranteed fixed term income plan is part of Aviva’s strategic transformation programme for its annuity business.

Key highlights the need for specialist advice on tax and income risks when gifting from pensions and property.