Pensions
The latest news, updates and opinions on Pensions from the expert team here at MoneyWeek
Explore Pensions
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State pension to rise by 4.1% in April 2025 – but ‘bizarre tax cliff edge’ looms
The full new state pension will increase by £473 thanks to the triple lock, bringing it to just under £12,000 a year
By Ruth Emery Last updated
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10 years of pension freedoms: what choices have pension savers made?
Since April 2015, older savers have been able to take money directly from their pension, rather than buying an annuity. We look at the impact of pension freedoms - and how savers have spent their cash
By Ruth Emery Published
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State pension top-up: just days to go until 5 April deadline
News Those wanting to fill any gaps in their National Insurance (NI) record since April 2006 and claim extra credits to boost their state pension must act quickly
By Ruth Emery Last updated
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Should you take a 25% tax-free pension lump sum in instalments?
Taking out a 25% tax-free lump sum from your pension sounds appealing but it might not be the best way to manage your retirement savings.
By Holly Thomas Last updated
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How to protect your pension from the chancellor's inheritance tax changes
Pension savings will form part of inheritance tax calculations from 2027 and many retirees are already taking steps to avoid charges now
By Marc Shoffman Published
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Who will miss out on the state pension triple lock?
Not all pensioners have their state pensions increased each year in line with the triple lock. We explain who misses out
By Ruth Emery Published
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Annuity rates hit 16-year high - is now a good time to buy an annuity?
Annuity incomes have reached their highest level since December 2008, while sales of the pension product are also soaring. Should you buy an annuity?
By Ruth Emery Last updated
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Six reasons not to top up your state pension
A deadline to buy National Insurance credits and top up your state pension is fast approaching. Here’s why it may not be worth it for some people
By Ruth Emery Published
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Spring Statement: what could Rachel Reeves say about pensions?
The chancellor will deliver her Spring Statement on 26 March. We look at whether there will be any announcements on pensions that could affect savers or retirees
By Ruth Emery Published