Expert views
Commentary submitted by Helen Morrissey in their own words.
Back to profileInflation drops sharply to 3.2% in November after food prices fall
Inflation may be nowhere near the double digit figures we saw in the recent past, but it’s still an important consideration for retirees.
Rate cut next week appears all-but nailed on
Annuity incomes have remained robust this year, with incomes hovering close to all-time highs.
English Housing Survey – the real cost of renting later in life
Almost three quarters (74 per cent) of households headed by someone aged over 65 have achieved the retirement dream of owning their homes outright.
Chancellor grants short-term income tax reprieve for those reliant on state pension
The Chancellor said they are working on a solution that means people aren’t being chased for tiny amounts of money.
The Budget details lurking in the small print
From April 2029, only the first £2,000 of employee pension contributions through salary sacrifice each year will be exempt from National Insurance.
£2,000 cap for salary-sacrificed pension contributions – OBR
The ongoing pension adequacy review needs to ensure that incentives are in place to help people invest for their future.
‘Sucker punch’ for savers as annual Cash Isa limit to be cut to £12,000
Bringing in separate rules for people over the age of 65 is aimed at helping retirees, who often need bigger cash balances.
Any salary sacrifice clampdown ‘would hit pension savers, firms and economy’
We could see employees becoming less likely to increase pension contributions beyond auto-enrolment minimums.
ISAs, taxes and pensions – what impact will next week’s Budget have?
Recent Budgets have had seismic impacts on people’s pensions and this time round we could also see some major announcements being made.
Menopause and caring responsibilities ‘contributing to pensions gender gap’
It also shows the enormous impact that menopause can have on women’s retirement prospects.
One in three UK workers ‘at risk of not being able to cover costs in retirement’
It’s hugely important that people think about what they want their retirement to look like so they have an idea of how much it might cost.