Chancellor Rachel Reeves continues to fuel panic among pension savers ahead of the Budget by refusing to rule out a raid on 25 per cent tax-free lump sums. It is the same concern people coming up to ...

The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last year's damaging dash for tax-free cash, it was warned last night. Speculation about a new lower cap for the ...

@2024 - All Right Reserved.

AJ Bell says months of budget tax speculation triggered £600m in early pension withdrawals and attacks Rachel Reeves’s ...

Ms Morrissey explained that people accessing a lump sum from their pension for the first time can be taxed too much. The main reason is that the HMRC system mistakenly believes that the same amount ...

Lump Sum and Death Benefit Allowance (LSDBA) remains at £1,073,100 - this covers the totality of lifetime tax free cash, ...

Looking ahead to 2026, there are some significant pensions developments on the horizon and some key existing ones which will ...

Interest rates have been cut from 4% to 3.75%. For pension savers and retirees the effects of the drop will depend on the ...

Just under half (44 per cent) of UK adults said they didn’t know what pension tax relief was, while 31 per cent could identify the purpose of pension tax relief, research from Hargreaves Lansdown has ...

If someone’s spouse or civil partner dies, they may be able to inherit part of their additional State Pension, which will be ...