Tax - Pensions

Recently added Tips & Advice

PENSIONS - 21.10.2020

Tax planning for taking your pension savings

The government says that the age for accessing private pension savings is to be raised from 55 to 57. If you’re in your late 40s or older, how might this affect your pension plans?
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PENSIONS - 19.10.2020

Pension access delayed

An important diary date. The government has confirmed previous indications that the age at which individuals will be allowed to access their private pension savings will be raised. In 2028, presumably from 6 April of that year, you’ll only be able take benefits from your pension savings if you are 57 or older. Until then the age requirement is 55. The government said the announcement was being made now “to enable people to make financial plans” . ...
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PENSIONS - 17.09.2020

Solving pension tax relief inequality

The Treasury has published a call for evidence suggesting solutions to the current problems with pension tax relief. What are these problems and what are the proposals to fix them?
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PENSIONS - 17.09.2020

Who’s eligible for minimum pension contributions?

Apparently, at least one in 20 workers aren’t receiving the correct minimum legal pension contributions - many are either incorrectly enrolled or not enrolled at all. Who is eligible for such contributions?
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PENSIONS - 27.08.2020

Welcome change to pension charges for 2020/21

The way that the annual allowance tapering provisions worked was criticised in late 2019. In response, the government has changed the rules. What are the key changes and how will these affect your client’s savings plans?
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PENSIONS - 22.06.2020

Is there trouble ahead for pension savers?

The Upper Tribunal recently ruled for HMRC in a case involving a certain type of pension contribution. There’s now concern that it will claw back tax relief from others in the same situation. Is this something you should be worried about?
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Tax - Pensions

Most read Tips & Advice

PENSIONS - 17.09.2020

Who’s eligible for minimum pension contributions?

Apparently, at least one in 20 workers aren’t receiving the correct minimum legal pension contributions - many are either incorrectly enrolled or not enrolled at all. Who is eligible for such contributions?
Read more

PENSIONS - 27.08.2020

Welcome change to pension charges for 2020/21

The way that the annual allowance tapering provisions worked was criticised in late 2019. In response, the government has changed the rules. What are the key changes and how will these affect your client’s savings plans?
Read more

PENSIONS - 17.09.2020

Solving pension tax relief inequality

The Treasury has published a call for evidence suggesting solutions to the current problems with pension tax relief. What are these problems and what are the proposals to fix them?
Read more

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