The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.
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Making the most of pension contributions for tax purposes
Are you ready for the end of the 2023/24 tax year?
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Higher rate taxpayer? How to prepare for the end of the tax year
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.
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18-year-olds to be included in auto-enrolment expansion
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.
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Have your employees claimed their pensions? What business owners need to know
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs. Recent data reveals that unclaimed pensions amount to a staggering £28,000 per person.
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Major pension reforms sparks rethink for UK savers
Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime allowance.
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