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Browsing Tag

moneypensions

10 posts
PPersonal finance
Private pensions: There was a 48% gap in median pension wealth among men and women aged 55-59 in 2020-22, according to Government data published last month
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State pension gender gap narrows – but difference in size of private pots is still huge

  • August 7, 2025
The state pension gender gap has shrunk to 1 per cent, less than a decade after a major…
PPersonal finance
Inheritance tax raid: The Chancellor announced in last autumn's Budget that money remaining in pension pots is going to be hit by death duties
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Pensioners race to cash in pots to beat Rachel Reeves’s inheritance tax raid

  • August 5, 2025
Pension withdrawals have spiked in the wake of the Government’s announcement of a tax raid on inherited pots.…
PPersonal finance
Steve Webb: Scroll down to find out how to ask him YOUR pension question
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If you cash in your pension early can you qualify for council tax benefits later? STEVE WEBB replies

  • August 4, 2025
This might sound a bit cheeky… I work 30 hours a week just above minimum wage. I am…
PPersonal finance
Are you a planner or putting off thinking about your pension for a rainy day? If you are ready to get sorted, find a five-step guide below
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Are YOU a pension planner, putting it off – or relying on your partner? Take our quiz

  • August 3, 2025
Nearly half of adults believe they are ‘pension planners’ who are on top of contributions and what they…
PPersonal finance
While older generations do appear to be better at tracking their pensions, almost a third still can¿t say for certain that they know where all of their pots are
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One in five don’t know where all their pensions are: How to track them down

  • August 1, 2025
More than a fifth of people don’t know where their pension pots are held, data shows – meaning…
PPersonal finance
Headache: Pension savers have to fill in a form for HMRC if they think they are owed a refund
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HMRC hands back £48.7m in overpaid pension tax in just three months

  • July 30, 2025
HM Revenue & Customs is still refunding millions of pounds back to Britons in overpaid pension tax.  It…
PPersonal finance
Under pressure: Rachel Reeves has been accused of a 'shocking grasp of detail' and ordered to correct the record after getting basic facts about one of her flagship pension reforms wrong
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Chancellor in new gaffe over £425bn pension reform

  • July 27, 2025
By PATRICK TOOHER Updated: 16:51 EDT, 26 July 2025 Rachel Reeves has been accused of a ‘shocking grasp…
PPersonal finance
Retirement fund: Young people have been told to start saving for a pension at 18 - but it will be hard to get motivated amid reports they might not retire until 74
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A pension at 18 is a pipe dream – but even £50 could give younger workers a six-figure pot, says HELEN CRANE

  • July 24, 2025
When did you first pay in to a pension? If you were born in the 1990s or later,…
PPersonal finance
Ideas man: City of London Mayor Alastair King
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Start saving for your pension at 18, says Legal & General boss

  • July 20, 2025
Ideas man: City of London Mayor Alastair King A plan to grow workplace pension pots faster by taking more…
PPersonal finance
Pensions: Unspent pots will be brought into inheritance tax net from April 2027
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New idea to tax inherited pensions worth £90k-plus floated – instead of imposing inheritance tax

  • July 19, 2025
The Government is being urged to slap income tax on inherited pensions worth £90,000-plus instead of making them…
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