A bill currently working its way through Parliament could have huge implications for anyone in receipt of a state benefit – and that will include the state pension. Anyone who has watched the film “Minority Report” will know that it portrays a time when a specialised police department can predict which people are likely to […]

Unsure if you’re on course to receive a full State Pension when you retire? Confused by whether or not it would be worth buying top-ups to fill any gaps? Then read on. Former pensions minister Steve Webb is urging anyone planning their retirement to check whether they could profitably plug gaps in their NI contributions […]

If you have a DB pension waiting in the wings for your retirement, you’ll want to know the latest assessment on whether or not the UK’s 5,000 DB schemes will be in good shape to meet its obligations. It’s been a turbulent time in the financial sector over the last year or two, with rising […]

After the initial sound and the fury from the politicians and newspapers following the Autumn Statement, more careful analysis is now emerging on the potential long as well as short term impacts. But what will it mean for anyone approaching or in retirement? Having forecast major announcements around pensions reform in the King’s Speech, the […]

It’s estimated that some £26.6 billion worth of lost pensions are not currently being claimed by their rightful owners, each worth an average of £9,500. That’s hardly surprising when less than half (44 per cent) of pension savers can remember the company that provided their first pension, according to a survey conducted by YouGov on […]

Almost nine out of ten workers in the UK has at least one lost or “stranded” pension pot, according to new research from wealth manager Netwealth. Among those employees who have lost track of a pension, some 42% say that they have between two and five stranded pots. The average amount locked up in lost pensions […]

Pensions experts are urging those heading towards retirement to look at a way to add several thousand pounds’ worth of additional savings into their pension pots tax free. Did you know that can contribute up to £2,880 per year into a pension for a non-earning spouse, partner or child and they will receive tax relief […]

With a large proportion of the country finding their budgets being squeezed, we look at the questions everyone needs to ask to ensure they retire comfortably. The cost of living is depleting many people’s ability to save each month, and the latest stats reveals that only 39% of UK households are currently on track for […]

A bundle of complex tax consultations published on 18th July contained what has been described as a “potential bombshell” for anyone expecting to inherit a pension pot free of income tax. Since 2015 it has been possible to inherit a pension pot free of both inheritance tax and income tax, where the person who died […]

“Life is what happens when you’re busy making other plans” goes the famous quote: the years heading towards retirement are rarely a straight line… and finding oneself having to provide care or support a family member can make a serious dent on our future finances. New research from Pension Bee shows that two-in-three people are […]