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Retirement
Introduction
With Brits living longer and the rules of retirement constantly changing, you could be forgiven for feeling overwhelmed. Look here for all of the news and insight you need to plan your future, whether you’re retiring now or looking forward to freedom. If you're on the cusp of retirement check out our 'Retiring Now' section. Our 'Retirement Planning' section is a useful tool in the run-up to retirement.
Retirement planning
Retired households face 31% tax hit
The average tax bill for retired households is close to £8,000 per year, accord...
Bucket listers prioritise holidays over funeral costs
Given 12 months to live, only a quarter of people would make plans for their fun...
Calling all grandparents! Don’t miss out on £5k pension boost
Hundreds of thousands of grandparents may be missing out on national insurance c...
Almost half of Brits don’t understand gifting rules
A new report published by HMRC found that most people who gift do so to support ...
Tax taper stalls retirement saving for higher earners
Around 300,000 people may be hit by the pension tax taper, across the public and...Regulator to crackdown on firms flouting auto-enrolment rules
The Pensions Regulator is to carry out nationwide inspections of businesses susp...Retiring now
Cost of retirement 20% higher in South East
The cost of retirement is 20 per cent higher in the South East compared to the n...
Three ways to cut your inheritance tax bill
Why inheritance tax liabilities are likely to increase in the coming years and w...
Pensioners need £60 a week more to live on
The average pensioner needs nearly £230 a week to live on, almost £60 more tha...
Charges could leave your pension £32k lighter
High fund charges could cause an investor with a £100,000 pension pot to miss o...
Half of over-55s support their children & parents financially
Brits over the age of 55 are feeling the financial strain of supporting their ch...
Government ‘sneaked out’ figures on pensions’ tax
Britain’s pensioners are paying around £4bn a year more in income tax on thei...You may also Like
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