HMRC warning issued to millions paying £400 monthly into personal pension
There are two types of pension schemes for tax relief relating to personal contributions, UK households have been told - with ...
Martin Lewis warns against crucial pension mistake as he shares top tips for savers
It can be difficult to decide how much money to put into a pension. Mr Lewis gives his rule of thumb: “Take the age you start ...
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Millions of Baby Boomers Face This Pension Dilemma: Lump Sum vs. Monthly Payments - Which Is Best?
One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...
More than 2.3 million missing out on a pension boost by not claiming tax relief
Some 56% of higher or additional rate taxpayers - equivalent to 4.9m adults - pay into a personal pension, such as a ...
Pension and inheritance tax changes — what you can do to take action now
The Government said it wants to continue to offer tax incentives for people saving into pensions, such as tax relief on contributions. But it wants to include pensions into estates to encourage savers ...
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Build a low-cost DIY pension
If you want to take more control of the money you're saving for retirement, a self-invested personal pension (SIPP) might be right for you. SIPPs are DIY or personal pensions which allow you to choose ...
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Over 2.3 million savers failing to claim tax relief on pensions
Over 2.3 million savers are failing to claim all eligible taxes on their pensions, according to analysis by InvestEngine ...