Retirement

Retirement | 9 Oct 24

Industry reacts amid report UK pension tax free lump sum may be cut

It was reported that government officials had asked one of UK’s biggest pension providers to review impact of such a move

Retirement | 7 Oct 24

UK pension tax relief to remain untouched in forthcoming Budget, says report

But there is still speculation that Reeves may either reduce the tax-free cash limit or making pensions subject to inheritance tax

Financial planning | 3 Oct 24

Major life events and milestones prompt 12.5m UK adults to seek financial advice or guidance

The St. James’s Place study surveyed just under 12,000 individuals

Retirement plan - Reminder of the need for savings for a decent, comfortable old age.

Financial planning | 30 Sep 24

Advice use among drawdown customers slumps to below 50% for first time, FCA data reveals

Only 46% benefited from professional financial advice

Retirement | 27 Sep 24

DB pension transfers more than halve in 2023/24 – FCA data

The marked fall in the number of DB to DC transfers continues