The UK’s consumer prices index (CPI) has fallen to its lowest level since November 2016, according to the Office for National Statistics (ONS).
An individual who moves into self-employment after ten years work will miss out on an additional £115,300 in retirement funds after exiting their occupational pension scheme.
Simplified, one-page pension wake-up packs launched last week, but the industry does not agree that they will make much difference to members’ saving attitudes. Holly Roach reports
The lifetime allowance will rise to £1,073,000 from next April as inflation in the year to September stands at 1.7%.
Some 42% of pension savers think their funds will fall in value as a result of Brexit, with younger savers showing the most concern, according to Aegon.
Retirement confidence is on the rise, with more than half of savers yet to retire feeling they will be able to do so comfortably, according to research by Aegon.
Boris Johnson's mooted income tax reforms would create a double-edged sword whereby income tax winners would become pension tax relief losers, according to research by Aegon.
A parliamentary group has been set up to introduce a national strategy which focuses on the benefits of longevity, rather than the "problems" of an ageing UK population.
Members of occupational pension schemes claimed £4.3bn in pensions tax relief in 2017/18, as total relief climbed £1.1bn.
The Single Financial Guidance Body (SFGB) will be rebranded as the 'Money and Pensions Service', the government has announced.
The government is encouraging schemes to invest in illiquid assets with higher performance fees. Kim Kaveh asks if this is a good idea.
Pensions wake-up packs must be reformed by November this year to comprise a single-page summary document, the Financial Conduct Authority (FCA) has said.
Chancellor Philip Hammond is being pressed to tackle the impact of pensions allowances on the NHS' ability to recruit and retain staff.
Retirement income that is inadequate or fails to meet savers' expectations is a "central challenge", the Financial Conduct Authority (FCA) has said.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Chancellor of the Exchequer Philip Hammond is expected to use next Monday's Budget to launch a feasibility study into the use of pensions to fund UK patient capital opportunities.
An independent Scotland would seek for occupational pension schemes straddling the border to be jointly regulated with the United Kingdom, a commission for the Scottish Government has said.
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.
Do not expect any substantial pensions policy measures, if anything, in this week's Spring Statement, industry commentators have predicted.
More than half of workers say their greatest pension saving regret is not starting early enough or taking a break from saving, according to Aegon research.
Changes to Scottish income tax bands could see savers receiving the wrong amount of pensions tax relief, commentators have warned.
A cut in higher-rate pension tax relief could be on the cards for the November Budget, according to Treasury insiders.
Over 80% of advisers expect an increasing number of transfer requests from defined benefit (DB) scheme members over the next year, according to a survey.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.