State Pension Top Up Scheme Starts From tomorrow (12 October 2015), a new scheme is being launched helping anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security.
Consultation on Pension Exit Charges The Treasury is launching an immediate consultation and online survey to look at whether exit charges could be cut or capped for those looking to access their pensions early,
DWP – Automatically Enrolled Workplace Pensions Millions more to be automatically enrolled into workplace pensions.
More Than A Million Buy Popular Pensioner Bonds More than a million older savers have bought over £13 billion of the government’s 65+ pensioner bonds, which came off sale yesterday.
Tax Changes 6 April 2015 The following tax changes come into effect today (Monday 6 April 2015): Individuals over the age of 55 have flexible access to their defined contribution pension savings. The Income Tax Personal Allowance increases to £10,600.
Pension Freedoms to be Extended to People with Annuities Chancellor announces government will extend pension freedoms to around 5 million people who have already bought an annuity.
Pension Changes April 2015 The landmark legislation passed today will create the opportunity for workers to save into plans – known as Defined Ambition – which will offer them a promise about some of the benefits they will receive.
Pension Tips for Teenagers An optimistic expectation of an £800 a week State Pension is an example of why teenagers soon to enter the world of work need a wake-up call about the importance of saving for old age.
What is Auto Enrolment into Pension Schemes? Money for nothing? Not something you hear offered every day, but the Government’s new law means that all employers will soon be legally responsible to enrol their staff onto a workplace pension scheme.
Changes to State Pension in 2016 The government has launched a public information campaign to ensure everyone knows what the State Pension changes mean for them.