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Browsing Tag

moneypensions

16 posts
PPersonal finance
Cutting back: Joe Minihane has been forced to make sacrifices in his spending so he can pay into his pension
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At 43 I’ve enough in my pension to last me just two years in old age

  • October 12, 2025
My pension savings have hit £27,412. In cash terms, that may sound like a decent sum. But right…
PPersonal finance
Why Gen Z will need £3.1m in their pension pot to retire comfortably...
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Why Gen Z will need £3.1m in their pension pot to retire comfortably…

  • October 9, 2025
Generation Z will need more than £3million in their pension pots in order to retire ‘comfortably’ analysis claims. …
PPersonal finance
0.25% account fee. Full range of investments
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Did you take tax-free pension cash before the LAST Budget? We want to know

  • October 6, 2025
By TANYA JEFFERIES, PENSIONS AND INVESTMENT EDITOR Updated: 03:48 EDT, 6 October 2025 Many people decided better safe…
PPersonal finance
Although Rachel Reeves did not tighten the rules in that Budget, there was an unprecedented 60 per cent surge in tax-free cash pulled from pensions, amounting to £18billion
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Rachel Reeves ‘must rule out pensions raid in the Budget to avoid lump-sum frenzy’, experts warn

  • October 3, 2025
The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last…
PPersonal finance
Rachel Reeves has been urged to rule out pension tax-free lump sum cuts if she is not going to make them in the November Budget
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Rachel Reeves risks ‘irresponsible’ pension move by failing to rule out lump sum raid, experts warn

  • October 3, 2025
The Chancellor has been warned she risks accusations of being ‘irresponsible’ with people’s pension savings if she fails…
PPersonal finance
Winter Fuel Payments of £300 are made automatically to pensioners who haven't opted out, with the money later 'recovered' from those who aren't eligible
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Half a million pensioners set to lose their winter fuel payments within four years

  • September 23, 2025
By HARVEY DORSET, REPORTER, THIS IS MONEY Updated: 11:45 EDT, 23 September 2025 More than 100,000 pensioners will…
PPersonal finance
Shortfall: Roughly 750,000 people a year hit state pension age, and an estimated 100,000 have gaps in their record and could benefit from buying top-ups
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My daughter loaned me £9,900 to boost my state pension – but I’ve been left in limbo for 18 months

  • September 17, 2025
Julie Stewart jumped at the chance when she found out she could get a larger state pension by…
PPersonal finance
Cash grab: There was a big rise in people accessing pension funds last year, FCA data shows
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Savers pulled £70bn from pension pots last year, as fears mount of further Budget tax raid

  • September 16, 2025
Figures show 36% spike in pension withdrawals amid tax rise speculation   By PATRICK TOOHER, CONSULTANT CITY EDITOR Updated:…
PPersonal finance
Inheritance tax: Pensions will be counted alongside other assets such as property, savings and investments starting from April 2027
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One in four wealthy people plan to leave pensions to family, but many are in dark about new IHT raid

  • September 16, 2025
Many savers plan to pass pension pots to loved ones but are unaware of pending inheritance tax rules…
PPersonal finance
State pension top-ups: They can give a generous boost to retirement income if you buy the correct years
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Despairing pensioner hunts for lost £3,200 state pension top-up for THREE AND A HALF years

  • September 3, 2025
A 69-year-old retired nurse whose £3,200 state pension top-up went missing for three and a half years was…
PPersonal finance
Pending rules: People who die aged under 55 will have inheritance tax levied on pension savings they never accessed
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Families of people dying too young to access pensions not spared in inheritance tax raid

  • August 12, 2025
People who die young will have inheritance tax levied on pension savings they never had a chance to…
PPersonal finance
Close to the edge: Demands are mounting for a rise in the state retirement age, against the background of concern over spiralling costs
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Raise retirement age to match life expectancy, say managers

  • August 11, 2025
By ANNE ASHWORTH Updated: 16:50 EDT, 10 August 2025 Demands are mounting for a rise in the state…
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