Pensions

En Marche!

Macron's victory means a new start for Europe, says Matthew Partridge

  • Will the Tories take us back to the seventies?

Pensions are changing. Old-style defined-benefits pensions are disappearing. State coffers are running dry. And the government is constantly fiddling with the pensions rules. A comfortable retirement is by no means guaranteed.

So now more than ever it’s vital that you build up a healthy pot of money that you can draw on to fund your retirement. At MoneyWeek, we can help you do that. Not only accumulating your pension pot throughout your working years, but also making sure it produces the income you need to enjoy your retirement.

How to make Pensions Freedom Day work for you

At MoneyWeek, it’s OUR goal to help you use your pension freedoms to help secure your financial future. But to make the very most of these changes, and enjoy these newfound freedoms, you need to understand what’s going on.

So we’ve put together a FREE report, ‘Pensions Freedom Day’ to help you find financial freedom to go on to pursue whatever other dreams or ambitions you have in life. We’ll show you how!

GET YOUR FREE REPORT >>

Pensions freedom: How to make sure scammers don’t steal your nest egg

Pensions Freedom Day signalled open season for scammers intent on tricking the unsuspecting out of their pension pots. Kam Patel looks at how to stay safe.

Pensioners: don’t get fleeced twice

Annuity holders looking to take advantage of their new freedom should be extra careful. Merryn Somerset Webb explains why.

Three pension traps for the unwary

Pensions Freedom Day is upon us, and you’re right to be excited, says Merryn Somerset Webb. Just watch out for these three pitfalls.

Latest articles on pensions

Short-changed by the state

Pensioner showing his empty pockets © Alamy

Many retirees are in for a rude shock when it comes to qualifying for the new state pension headline rate, says David Prosser.

When bad news on pensions is cheering

Defined-benefit pension schemes won’t have to be paying out for quite as long as previously thought. David Prosser explains.

Pension top-up limits put on hold

Government reforms that will limit the ability of many savers to take full advantage of the pensions freedom regime have been shelved because of the general election.

Election puts pensions tax relief at risk

The upcoming general election may spell the end for generous tax relief on contributions to private pension plans.

Are employers ducking their responsibilities over defined-benefits schemes?

Bernard Matthews © Alamy

Firms may be using the insolvency system to renege on the pension promises they’ve made to members of defined-benefit pension schemes.

Act now to make the most of tax breaks

Graphic of a woman being squeezed for cash © Alamy

It’s important to use pension allowances before you lose them, says David Prosser.

Dividend-tax grab shows why Isas and pensions still matter

Philip Hammond’s 2017 budget is another reminder that assuming that the tax system won’t change is always a dangerous foundation for financial planning.

Pensions freedom – a boon for the taxman

The Treasury will raise £1.6bn of tax in 2017-2018 from pension transactions associated with the pensions freedom reforms of two years ago – almost twice as much as it had previously forecast.

Hammond cracks down on overseas pensions transfers

People seeking to move their pensions out of the UK could face punitive tax charges under rules unveiled in last week’s budget, with both Britons living abroad and foreign nationals based in the UK potentially affected

Should you stick with your final-salary pension scheme?

Most financial advisers assume that members of final-salary pension schemes are better off sticking with them. But many people are switching to money purchase schemes. Should you do the same?

From 6 April 2015, you have been able to do whatever you like with your pension money. John Stepek explains the changes, and what you should do with your pension pot.
Merryn

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