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Commentary submitted by Rachel Vahey in their own words.
Back to profileAnnuity sales jump as retirees ‘tempted’ by guaranteed incomes
Many people are now starting to consider what the changes to bring unused pensions into the net of IHT means for them in practice.
State pensioners set to breach tax threshold under ‘triple lock’ boost
Based on today’s earnings figures for July, the odds are that pensioners will be receiving just shy of £500 extra in their state pension next year.
22% charge aims to stop Isa savers getting around new rules from 2027
Pre-election promises signalled the chancellor’s ambition to simplify ISAs and boost retail investing. Consumers could have been granted the freedom to move seamlessly from saving to long-term investing had government scrapped the arbitrary distinction between Cash and Stocks and Shares ISAs.
15 million across UK under-saving for retirement, warns Pensions Commission
People need confidence that if they save for the long term, the rules will not constantly change.
Some pension savers giving up on transfers due to delays, says Which?
Too many people are currently suffering long delays in pension transfers.
People receiving full new state pension on course for £12,548 from April
The amount of money government spends on the state pension is set to soar over the next few years.
Winter fuel payments scam warning for pensioners
Scammers are homing in on people’s natural confusion about how the benefit will re-start this winter.
Pensioners could be set for bigger state pension boost than previously thought
This poses a significant conundrum for Rachel Reeves and the Treasury.