1+ day, 7+ hour ago  (422+ words) HMRC has spoken out to clarify how a particular tax applies to pensioners. The update comes ahead of a hike in the rates people have to pay which is just around the corner. A member of the public contacted the…...

1+ week, 5+ day ago  (477+ words) Inheritance tax currently charges 40% on eligible estates, with the average bill expected to increase by "34, 000 next April. However, following some simple gifting rules while you're still alive could potentially mitigate the impact. When executed appropriately, gifting can ensure the gift's…...

1+ week, 5+ day ago  (459+ words) The Government is facing mounting pressure for reform as one group of Britons are heading into retirement with half the pension savings of their peers. Women approaching retirement age have just half the private pension wealth of men " sparking renewed…...

2+ week, 17+ hour ago  (374+ words) Millions of pension savers born between April 6 1971 and April 5 1973 could face an unforeseen two-year delay in accessing their retirement funds unless they take action before April 6 2028, Pension Bee has warned. From April 6 2028, the Normal Minimum Pension Age (NMPA) " the earliest…...

2+ week, 3+ day ago  (237+ words) Money saving expert Martin Lewis has issued an urgent call for anyone holding a private or workplace pension to check their records. He cautioned that out-of-date information could lead to savings being unintentionally passed on to ex-partners. Following his BAFTA…...

3+ week, 2+ day ago  (349+ words) Significant reforms to the state pension are currently taking place. Yet many people don't even believe the changes are happening. Specialists worry that certain people may be unaware that these rule changes affect them directly. Worryingly, research conducted by the…...

3+ week, 4+ day ago  (472+ words) Martin Lewis has revealed a 'rule of thumb' which he believes could help people secure a 'better retirement'. The Money Saving Expert founder shared this guidance during the latest instalment of ITV's The Martin Lewis Money Show last night (May…...

3+ week, 4+ day ago  (459+ words) A pensions specialist has called on people to review how upcoming changes to DWP state pension rules will impact them. Significant change to DWP eligibility criteria are now being implemented and could take people by surprise. She explained: "Those in…...

3+ week, 6+ day ago  (564+ words) The state pension triple lock " long considered politically untouchable " is now under increasing scrutiny as defence concerns and mounting pressure on public finances prompt a fundamental reassessment among senior politicians. In a remarkable development, prominent figures from across the political…...

1+ mon, 1+ day ago  (463+ words) State pensioners and those nearing retirement have been urged to review the DWP regulations that affect them. Now is an opportune moment to do so as the qualifying criteria for the benefit are presently undergoing changes. It's certainly worthwhile checking…...