The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.
Are you ready for the end of the 2023/24 tax year?
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs. Recent data reveals that unclaimed pensions amount to a staggering £28,000 per person. Read more…
Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime allowance.
During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.
Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension age.
Payments to support those struggling with the cost of living are starting to be paid into eight million people’s accounts from today. Read more…
The Chancellor of the Exchequer, Rishi Sunak, is expected to announce that the Government will be pumping extra billions into the economy when he sets out details of the Budget and Spending Review on October 27.
