Below you'll find a list of all posts that have been tagged as “Pensions”
Today is National Financial Awareness Day — an annual prompt, held each 14 August, to stop and take an honest look at your money. Most of the advice you will see today is about the everyday: check your balance, cancel the subscription you forgot about, shop around on your energy bill. All sensible, and all worth doing. But there is …
Most of us change jobs several times over a working life — and nearly every job leaves a pension pot behind. Add in the odd personal pension started years ago, and it is common to arrive at retirement with four, five or more separate pots, some long forgotten. So should you bring them all together? Sometimes yes, sometimes emphatically no …
For decades, pensions have been one of the most effective ways to pass wealth to the next generation. Money left in a defined contribution pension has generally sat outside your estate for inheritance tax purposes — which is why many financially comfortable families have deliberately spent other assets first and preserved their pensions for their children. From 6 April 2027, …
The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget The pensions tax-free lump sum has remained unchanged, despite speculation the chancellor would tinker with this in the Autumn Budget. Chancellor Rachel Reeves delivered her Budget today (26 November), confirming changes to salary sacrifice for pensions and inflation protections for pre-1997 pensions in the Pensions protection Fund and …
Millions of people are at risk of missing out on retirement savings because they have lost track of their pension pots, Standard Life has warned. Research from the company found a quarter of UK adults do not know who their current pension provider is. The same amount were also unaware that moving jobs could result in multiple pension pots. While consolidation could …
Inflation remained unchanged at 3.8 per cent in September, meaning the state pension will rise by 4.8 per cent in line with July’s earnings growth figure under the triple lock. In April 2026, the state pension will get bumped up by the July earnings growth figure of 4.8 per cent. Therefore, the full ‘new’ state pension should increase from £230.25 …
