retirement planning

“Shambolic”: experts explain the consequences of cutting tax-free pension cash

Staff Reporter Oct 10, 2024

Rumours have been swirling that the Chancellor might be considering a cut to the tax-free lump sum allowance on pensions in the upcoming Budget. If such a measure were implemented, it could have far-reaching consequences, not only reducing…

If the UK’s state pension age rises, how sustainable is your career to work later in life?

Katherine Steiner-Dicks Sep 6, 2024

Amidst growing fiscal challenges, the government is exploring various avenues to bolster tax revenues, including a proposal to increase the state pension retirement age to 68. This article examines the potential impact of such a policy…

Tax hikes could be on the cards. Here’s how can you protect hard-earned cash

Staff Reporter Jul 30, 2024

Chancellor of the Exchequer Rachel Reeves has painted a grim picture of the nation’s public finances in her speech this week, axing spending pledges made by the former government that weren’t already funded. That’s according to Sarah…

HL calls for Lifetime ISA upper age limit to reach 55

Staff Reporter Jul 29, 2024

In an economy where the self-employed are an integral part, their financial security in retirement remains a critical concern. A recent report from the Hargreaves Lansdown (HL) Savings and Resilience Barometer reveals a stark reality: only…