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                    <title><![CDATA[ Latest from MoneyWeek in Pension-tax ]]></title>
                <link>https://moneyweek.com/personal-finance/pensions/pension-tax</link>
        <description><![CDATA[ All the latest pension-tax content from the MoneyWeek team ]]></description>
                                    <lastBuildDate>Tue, 03 Mar 2026 17:16:05 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Pensioners ‘running down larger pots’ to avoid inheritance tax as rule change looms ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pension-tax/pension-exodus-large-pots-inheritance-tax</link>
                                                                            <description>
                            <![CDATA[ Changes to inheritance tax (IHT) rules for unused pension pots from April 2027 could trigger an ‘exodus of large defined contribution pension pots’, as retirees spend their savings rather than leave their loved ones with an IHT bill. ]]>
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                                                                        <pubDate>Tue, 03 Mar 2026 17:16:05 +0000</pubDate>                                                                                                                                <updated>Tue, 03 Mar 2026 18:24:07 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/WmmTUMKHDyLwiquPUzseAb-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Pensioners ‘running down larger pots’ to avoid inheritance tax as rule change looms]]></media:description>                                                            <media:text><![CDATA[An older couple at a laptop spending their pension on online shopping to avoid inheritance tax]]></media:text>
                                <media:title type="plain"><![CDATA[An older couple at a laptop spending their pension on online shopping to avoid inheritance tax]]></media:title>
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                                                            <title><![CDATA[ Power up your pension before 5 April – easy ways to save before the tax year end ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pension-tax/pension-boost-save-tax-year-end</link>
                                                                            <description>
                            <![CDATA[ With the end of the tax year looming, pension savers currently have a window to review and maximise what’s going into their retirement funds – we look at how ]]>
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                                                                        <pubDate>Wed, 18 Feb 2026 14:31:52 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/AMgWaE9RCiyjD6ttHF6BhH-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Power up your pension before 5 April – easy ways to save before the tax year end]]></media:description>                                                            <media:text><![CDATA[A woman and her daughter organising her pension paper work on a laptop]]></media:text>
                                <media:title type="plain"><![CDATA[A woman and her daughter organising her pension paper work on a laptop]]></media:title>
                                                    </media:content>
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                                                            <title><![CDATA[ Act now to avoid inheritance tax on your pension with this one simple change ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/inheritance-tax/avoid-inheritance-tax-pension</link>
                                                                            <description>
                            <![CDATA[ A quick and easy paperwork change could avoid your children paying inheritance tax on your pension if you act now. Here’s how. ]]>
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                                                                        <pubDate>Mon, 12 Jan 2026 14:14:18 +0000</pubDate>                                                                                                                                <updated>Tue, 13 Jan 2026 11:19:07 +0000</updated>
                                                                                                                                            <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/jEiZD36LX3zWjeirsx5Xo9-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Act now to avoid inheritance tax on your pension with this one simple change]]></media:description>                                                            <media:text><![CDATA[Three generations of family playing in the garden]]></media:text>
                                <media:title type="plain"><![CDATA[Three generations of family playing in the garden]]></media:title>
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                                                            <title><![CDATA[ What are my retirement income options? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/retirement-income-options-pension</link>
                                                                            <description>
                            <![CDATA[ We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and investments at retirement, a new study has found. We look at your retirement income options. ]]>
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                                                                        <pubDate>Wed, 17 Dec 2025 16:28:50 +0000</pubDate>                                                                                                                                <updated>Thu, 18 Dec 2025 12:03:13 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[State Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/kLXnH8j8KkedsRfVhMUJZJ-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[What are my retirement income options?]]></media:description>                                                            <media:text><![CDATA[People enjoying different retirement incomes]]></media:text>
                                <media:title type="plain"><![CDATA[People enjoying different retirement incomes]]></media:title>
                                                    </media:content>
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                                                            <title><![CDATA[ Inside a Budget: ex-Treasury minister reveals the chess game behind your tax rises ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/economy/budget/budget-ex-treasury-minister-tax-rises</link>
                                                                            <description>
                            <![CDATA[ In an exclusive interview with MoneyWeek former government insider David Gauke says chancellor Rachel Reeves will ‘need to show the richest are making a big contribution’ in the upcoming Autumn Budget ]]>
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                                                                        <pubDate>Tue, 04 Nov 2025 11:30:28 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Budget]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Income Tax]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Economy]]></category>
                                                    <category><![CDATA[UK Economy]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/4w45cTxh5Ns2eyHvDbs6MY-1280-80.jpg">
                                                            <media:credit><![CDATA[Wiktor Szymanowicz]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Inside a Budget: ex-Treasury minister David Gauke reveals the chess game behind your tax rises]]></media:description>                                                            <media:text><![CDATA[David Gauke former secretary to the Treasury]]></media:text>
                                <media:title type="plain"><![CDATA[David Gauke former secretary to the Treasury]]></media:title>
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                                                            <title><![CDATA[ Pensions IHT reform: major changes needed says former minister ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pension-tax/pensions-iht-reform-major-changes-needed-steve-webb</link>
                                                                            <description>
                            <![CDATA[ Experts are calling on the government to make the system for applying inheritance to pensions ‘more effective, efficient and humane’ ]]>
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                                                                        <pubDate>Mon, 03 Nov 2025 15:08:54 +0000</pubDate>                                                                                                                                <updated>Mon, 03 Nov 2025 15:45:35 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                                    <dc:creator><![CDATA[ Dan McEvoy ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/cPGdLrA6odDBaUUNzsiktH-1280-80.jpg">
                                                            <media:credit><![CDATA[Daniel de la Hoz via Getty Images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Couple at home assessing inheritance tax on their pensions]]></media:description>                                                            <media:text><![CDATA[Couple at home assessing inheritance tax on their pensions]]></media:text>
                                <media:title type="plain"><![CDATA[Couple at home assessing inheritance tax on their pensions]]></media:title>
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                                                            <title><![CDATA[ Reeves ‘won’t target tax-free pension cash’ – but damage already done for some savers ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax-free-cash-limit-budget-reeves</link>
                                                                            <description>
                            <![CDATA[ Chancellor Rachel Reeves has reportedly ruled out a cut to the amount of pension money retirees can take tax-free. But after months of speculation, it will be too late for anyone who pulled out of their pension based on pre-Budget jitters, as wealth experts warn against irreversible decisions. ]]>
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                                                                        <pubDate>Wed, 29 Oct 2025 14:54:28 +0000</pubDate>                                                                                                                                <updated>Tue, 11 Nov 2025 15:54:49 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Budget]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Economy]]></category>
                                                    <category><![CDATA[UK Economy]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/LewWJeQgDmmbtPMnU4ZFKE-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Reeves ‘won’t target tax-free pension cash’ – but damage already done for some savers]]></media:description>                                                            <media:text><![CDATA[Pensioner reviewing paperwork to decide whether to withdraw tax-free pension cash]]></media:text>
                                <media:title type="plain"><![CDATA[Pensioner reviewing paperwork to decide whether to withdraw tax-free pension cash]]></media:title>
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                                                            <title><![CDATA[ DIY pension investors take tax-free cash amid switch to ISAs ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/self-invested-personal-pensions/diy-pension-investors-withdraw-tax-free-cash</link>
                                                                            <description>
                            <![CDATA[ Self-invested personal pension (SIPP) investors are rushing to withdraw their tax-free cash and turning to ISAs amid fears of a pension tax raid in the Autumn Budget ]]>
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                                                                        <pubDate>Mon, 13 Oct 2025 16:11:58 +0000</pubDate>                                                                                                                                <updated>Mon, 13 Oct 2025 16:20:00 +0000</updated>
                                                                                                                                            <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/sLS7Jhf9dTpyVeNYZWfncW-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[DIY pension investors take tax-free cash amid switch to ISAs]]></media:description>                                                            <media:text><![CDATA[Pension saver reviewing her pension and ISA savings on a computer]]></media:text>
                                <media:title type="plain"><![CDATA[Pension saver reviewing her pension and ISA savings on a computer]]></media:title>
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                                                            <title><![CDATA[ 12 ways pensions could be reformed in Budget – including an alternative to charging IHT ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/budget-pension-reforms</link>
                                                                            <description>
                            <![CDATA[ Pension savers could face new rules after the Budget if chancellor Rachel Reeves targets their pots to fill her own fiscal black hole – what potential pension changes could be on the way? ]]>
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                                                                        <pubDate>Mon, 13 Oct 2025 13:44:04 +0000</pubDate>                                                                                                                                <updated>Mon, 13 Oct 2025 16:20:00 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Laura Miller) ]]></author>                    <dc:creator><![CDATA[ Laura Miller ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/g2Kitk6AZyjLejfG6aNQRM-1280-80.jpg">
                                                            <media:credit><![CDATA[Getty Images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Pension piggybank with someone putting money in]]></media:description>                                                            <media:text><![CDATA[Pension piggybank with someone putting money in]]></media:text>
                                <media:title type="plain"><![CDATA[Pension piggybank with someone putting money in]]></media:title>
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                                                            <title><![CDATA[ Rachel Reeves urged to avoid pension tax relief raid or risk ‘Omnishambles Budget’ ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/economy/budget/reeves-urged-not-to-cut-pension-tax-relief</link>
                                                                            <description>
                            <![CDATA[ It might seem like low-hanging fruit, but cutting pension tax relief would be a dangerous move for the chancellor, says former pensions minister Steve Webb ]]>
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                                                                        <pubDate>Mon, 08 Sep 2025 16:22:04 +0000</pubDate>                                                                                                                                <updated>Mon, 08 Sep 2025 16:49:11 +0000</updated>
                                                                                                                                            <category><![CDATA[Budget]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Economy]]></category>
                                                    <category><![CDATA[UK Economy]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Katie Williams) ]]></author>                    <dc:creator><![CDATA[ Katie Williams ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/BJpk9LA8RcAkEzuBVT7cgj-1280-80.jpg">
                                                            <media:credit><![CDATA[Photo by ADRIAN DENNIS/AFP via Getty Images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Chancellor of the Exchequer Rachel Reeves carries the little red box]]></media:description>                                                            <media:text><![CDATA[Chancellor of the Exchequer Rachel Reeves carries the little red box]]></media:text>
                                <media:title type="plain"><![CDATA[Chancellor of the Exchequer Rachel Reeves carries the little red box]]></media:title>
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                                                            <title><![CDATA[ 420,000 more pensioners to be dragged into paying income tax – how does tax on the state pension work? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/state-pension-income-tax-threshold-freeze</link>
                                                                            <description>
                            <![CDATA[ Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data shows. We look at how taxation on the state pension works. ]]>
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                                                                        <pubDate>Thu, 26 Jun 2025 15:48:26 +0000</pubDate>                                                                                                                                <updated>Fri, 27 Jun 2025 07:47:22 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                                    <dc:creator><![CDATA[ Daniel Hilton ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/MKnLfPw9TieKfShKdoHHJf-1280-80.jpg">
                                                            <media:credit><![CDATA[Eleganza via Getty Images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Retired couple looking at paperwork]]></media:description>                                                            <media:text><![CDATA[Retired couple looking at paperwork]]></media:text>
                                <media:title type="plain"><![CDATA[Retired couple looking at paperwork]]></media:title>
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                                                            <title><![CDATA[ What is the 67% inheritance tax trap on pensions – and can you avoid it? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/inheritance-tax-trap-on-pensions</link>
                                                                            <description>
                            <![CDATA[ Your loved ones could find themselves paying an effective tax rate of 67% once pensions are brought into the inheritance tax net from April 2027. The concern has sparked an increase in wealth transfer conversations with financial planners. ]]>
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                                                                        <pubDate>Tue, 03 Jun 2025 13:42:38 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Katie Williams) ]]></author>                    <dc:creator><![CDATA[ Katie Williams ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/DjATwk3G3TqTWFPoZtF9Ri-1280-80.jpg">
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                                                            <title><![CDATA[ Spring Statement: what could Rachel Reeves say about pensions? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/spring-statement-rachel-reeves-pensions</link>
                                                                            <description>
                            <![CDATA[ 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 ]]>
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                                                                        <pubDate>Mon, 17 Mar 2025 16:06:32 +0000</pubDate>                                                                                                                                <updated>Mon, 17 Mar 2025 16:10:48 +0000</updated>
                                                                                                                                            <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[State Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/PhDDhk7s9ErT8GNoReYFs4-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Chancellor Rachel Reeves meets with defence suppliers at RAF Northolt on 6 March 2025 in Ruislip, England. ]]></media:description>                                                            <media:text><![CDATA[Chancellor Rachel Reeves meets with defence suppliers at RAF Northolt on 6 March 2025 in Ruislip, England. ]]></media:text>
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                                                            <title><![CDATA[ State pension could rise to £12,600 next year - dragging millions into paying tax ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/state-pension-increase-tax-freeze</link>
                                                                            <description>
                            <![CDATA[ The triple lock could trigger a 5.5% increase to the state pension in April 2026, economists suggest. This means the full state pension will breach the tax-free personal allowance ]]>
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                                                                        <pubDate>Thu, 20 Feb 2025 17:18:26 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[State Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/EgkVA7hXEfuYzVLMsNnG8D-1280-80.jpg">
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                                                            <title><![CDATA[ HMRC vows to tackle overtaxed pension scandal as pensioners reclaim millions ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax-hmrc-overtaxed</link>
                                                                            <description>
                            <![CDATA[ Pensioners claimed almost £50 million in pension tax overpayment refunds in the past three months. Now, HMRC says it wants to improve the system so pension savers “pay the right amount of tax from the outset”. We explain what’s changing ]]>
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                                                                        <pubDate>Wed, 22 Jan 2025 16:03:47 +0000</pubDate>                                                                                                                                <updated>Fri, 29 Aug 2025 15:49:23 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/Ya2SVXjtQLkjSpjuyPVUYa-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[A jar of coins labelled pension]]></media:description>                                                            <media:text><![CDATA[A jar of coins labelled pension]]></media:text>
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                                                            <title><![CDATA[ Pensions face “double tax” due to inheritance tax change - what are your options? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pensions-face-double-tax-due-to-inheritance-tax-change-options</link>
                                                                            <description>
                            <![CDATA[ The chancellor’s Budget announcement that pensions will be liable for inheritance tax from April 2027 will have big implications for many people’s retirement plans. We look at what to do now to avoid a huge tax bill ]]>
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                                                                        <pubDate>Tue, 05 Nov 2024 13:26:27 +0000</pubDate>                                                                                                                                <updated>Thu, 07 Nov 2024 14:45:43 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/tHcPk6tXTiC3tJAfkEXp3K-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[The word pension spelled out on wooden blocks]]></media:description>                                                            <media:text><![CDATA[The word pension spelled out on wooden blocks]]></media:text>
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                                                            <title><![CDATA[ Autumn Budget 2024: Pensions and Aim shares to be taxed in IHT crackdown ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/autumn-budget-2024-pensions-and-aim-shares-taxed-iht-crackdown</link>
                                                                            <description>
                            <![CDATA[ The chancellor has announced that pension pots will be liable for inheritance tax from 2027, while Aim shares will be hit a year earlier. Critics call the measures a “blow for savers” ]]>
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                                                                        <pubDate>Wed, 30 Oct 2024 17:19:02 +0000</pubDate>                                                                                                                                <updated>Thu, 31 Oct 2024 09:57:58 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Investing]]></category>
                                                    <category><![CDATA[Inheritance Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/N7SecM5uoipqNpHDPNy4T5-1280-80.jpg">
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                                                            <title><![CDATA[ Pension moves you should make before Labour’s Budget raid ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-moves-you-should-make-before-labours-budget-raid</link>
                                                                            <description>
                            <![CDATA[ Savers are maxing out their pension contributions while retirees are grabbing their tax-free cash amid fears of a tax raid in the Autumn Budget. We look at what you can do to prepare ]]>
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                                                                        <pubDate>Thu, 26 Sep 2024 13:38:46 +0000</pubDate>                                                                                                                                <updated>Mon, 28 Oct 2024 15:29:06 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/2FJRj72tULCdHweJFkUStU-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Rachel Reeves and Keir Starmer at the Labour party conference in September 2024]]></media:description>                                                            <media:text><![CDATA[Rachel Reeves and Keir Starmer at the Labour party conference in September 2024]]></media:text>
                                <media:title type="plain"><![CDATA[Rachel Reeves and Keir Starmer at the Labour party conference in September 2024]]></media:title>
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                                                            <title><![CDATA[ Pensioners reclaim £44 million from HMRC – are you owed money? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pension-tax/pensioners-reclaim-millions-from-hmrc</link>
                                                                            <description>
                            <![CDATA[ Thousands of pensioners claim money back from HMRC after being overtaxed on their withdrawals. We explain how to avoid a shock bill and get a refund. ]]>
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                                                                        <pubDate>Thu, 08 Aug 2024 15:36:03 +0000</pubDate>                                                                                                                                <updated>Thu, 24 Oct 2024 10:37:43 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/iExyeBhpGUwBTw7w36k3Q9-1280-80.jpg">
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                                                            <title><![CDATA[ Will Labour change the rules on pension tax relief? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax/will-labour-change-the-rules-on-pension-tax-relief</link>
                                                                            <description>
                            <![CDATA[ Pension tax relief costs the government almost £50 billion a year – but new reports suggest cuts are off the table at the upcoming Budget ]]>
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                                                                        <pubDate>Fri, 26 Jul 2024 12:27:13 +0000</pubDate>                                                                                                                                <updated>Mon, 07 Oct 2024 14:24:17 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Katie Williams) ]]></author>                    <dc:creator><![CDATA[ Katie Williams ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/GHacGGwLT4wB93sRRhucLQ-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Chancellor of the Exchequer Rachel Reeves]]></media:description>                                                            <media:text><![CDATA[Chancellor of the Exchequer Rachel Reeves]]></media:text>
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                                                            <title><![CDATA[ Will Labour cut the 25% pension tax-free cash in the Autumn Budget? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax/will-labour-axe-pension-tax-free-cash</link>
                                                                            <description>
                            <![CDATA[ The chancellor is said to be considering reducing the maximum amount of tax-free cash that pension savers can take. Should you take your money now just in case? ]]>
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                                                                        <pubDate>Wed, 17 Jul 2024 14:50:33 +0000</pubDate>                                                                                                                                <updated>Tue, 26 Nov 2024 14:13:47 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Self Invested Personal Pensions]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/axBoMJJwGmDFzMeWcHqo8V-1280-80.jpg">
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                                                                                                                                                                        <media:description><![CDATA[Could the government reduce the pension tax-free cash limit to £100,000?]]></media:description>                                                            <media:text><![CDATA[Senior woman filling out financial statements]]></media:text>
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                                                            <title><![CDATA[ Pension tax refunds approach £1.2 billion - are you owed money from a shock bill? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax-refunds-approach-pound12-billion-are-you-owed-money-from-a-shock-bill</link>
                                                                            <description>
                            <![CDATA[ HMRC has refunded almost £1.2 billion in overpaid tax since pension freedom rules were introduced. Here is how retirees can avoid an unexpected bill. ]]>
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                                                                        <pubDate>Thu, 25 Jan 2024 13:39:16 +0000</pubDate>                                                                                                                                <updated>Mon, 15 Sep 2025 11:34:09 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Marc Shoffman) ]]></author>                    <dc:creator><![CDATA[ Marc Shoffman ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/CK83sY5ZWPVJnFQJ3NvN4G-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Shocked couple looking at bill]]></media:description>                                                            <media:text><![CDATA[Shocked couple looking at bill]]></media:text>
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                                                            <title><![CDATA[ 11 reasons you need to register for self-assessment before 5 October ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/income-tax/register-self-assessment-deadline</link>
                                                                            <description>
                            <![CDATA[ There are lots of reasons why you may need to register for self-assessment. But you’ll need to act fast to meet the 5 October deadline ]]>
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                                                                        <pubDate>Tue, 26 Sep 2023 11:37:19 +0000</pubDate>                                                                                                                                <updated>Tue, 30 Sep 2025 13:39:30 +0000</updated>
                                                                                                                                            <category><![CDATA[Income Tax]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/Z6KeAyGWa9ihwriijaQLFj-1280-80.jpg">
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                                                            <title><![CDATA[ The £1m pension problem: Why you may not get 25% tax-free cash ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/one-million-pension-tax-free-cash</link>
                                                                            <description>
                            <![CDATA[ The pension lifetime allowance has been axed, but there's a sting in the tail. Savers with large pensions could see their tax-free cash shrunk to just 10%. We explain what’s happening and what action you should take ]]>
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                                                                        <pubDate>Mon, 11 Sep 2023 16:05:34 +0000</pubDate>                                                                                                                                <updated>Fri, 16 Aug 2024 07:57:17 +0000</updated>
                                                                                                                                            <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Ruth Emery) ]]></author>                    <dc:creator><![CDATA[ Ruth Emery ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/27MWCq2zmZkT5LTd7VDMTG-1280-80.jpg">
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                                                                                                                                                                        <media:description><![CDATA[Pension savers could see their tax-free cash shrunk from 25% to just 10% due to new rules]]></media:description>                                                            <media:text><![CDATA[Worried businesswoman with head in hand while looking at laptop in home office]]></media:text>
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                                                            <title><![CDATA[ Pension tax refunds: how to get your money back if you have been overcharged ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax/605848/pension-tax-refunds</link>
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                            <![CDATA[ Thousands of retirees recovered more than £48.5 million in overpaid tax from flexible pension withdrawals in the third quarter of 2025. Are you due a pension tax refund? ]]>
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                                                                        <pubDate>Wed, 26 Apr 2023 15:24:44 +0000</pubDate>                                                                                                                                <updated>Thu, 30 Oct 2025 17:04:36 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                                    <dc:creator><![CDATA[ Daniel Hilton ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/LWWPj7CXCwrM9B8mzQkumc-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Mature couple manages home finances]]></media:description>                                                            <media:text><![CDATA[Mature couple manages home finances]]></media:text>
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                                                            <title><![CDATA[ Should you take a 25% tax-free pension lump sum in instalments? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/605375/should-you-take-a-25-tax-free-pension-lump-sum-in-instalments</link>
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                            <![CDATA[ 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. ]]>
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                                                                        <pubDate>Thu, 29 Sep 2022 13:38:32 +0000</pubDate>                                                                                                                                <updated>Tue, 25 Mar 2025 14:29:50 +0000</updated>
                                                                                                                                            <category><![CDATA[Pensions]]></category>
                                                    <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Holly Thomas) ]]></author>                    <dc:creator><![CDATA[ Holly Thomas ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/fP4GzqiPpvyzX5XLP2uYQW-1280-80.jpg">
                                                            <media:credit><![CDATA[Xavier Lorenzo via Getty Images]]></media:credit>
                                                                                                                                                                        <media:description><![CDATA[Being able to take 25% of your pension savings as a tax-free lump sum is an appealing feature of private pensions.]]></media:description>                                                            <media:text><![CDATA[Man uses calculator and looks at financial documents as he sits in front of laptop on sofa.]]></media:text>
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                                                            <title><![CDATA[ Don't scrap pensions tax relief. We need people to save more, not less ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax/600934/dont-scrap-pensions-tax-relief-we-need-people-to-save</link>
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                            <![CDATA[ Scrapping higher-rate pension tax relief would amount to double taxation and discourage retirement saving, thereby depriving the economy of crucial long-term investment, says Max King. ]]>
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                                                                        <pubDate>Thu, 05 Mar 2020 14:05:42 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:46:17 +0000</updated>
                                                                                                                                            <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Max King) ]]></author>                    <dc:creator><![CDATA[ Max King ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/sei9dmFeE5GKNCNafKJPXY-1280-80.jpg">
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                                                                                                                                                                        <media:description><![CDATA[Nigel Lawson abolished at least one tax every year © Getty]]></media:description>                                                    </media:content>
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                                                            <title><![CDATA[ Why it makes sense to scrap higher-rate pensions tax relief ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/personal-finance/pensions/pension-tax/600877/why-it-makes-sense-to-scrap-higher-rate-pensions-tax</link>
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                            <![CDATA[ The point of pensions tax relief is to keep you out of the means-tested benefits system. The current system is ridiculously generous, says Merryn Somerset Webb. ]]>
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                                                                        <pubDate>Mon, 24 Feb 2020 09:31:50 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Pension Tax]]></category>
                                                    <category><![CDATA[Personal Finance]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Merryn Somerset Webb) ]]></author>                    <dc:creator><![CDATA[ Merryn Somerset Webb ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/VfJhLNVgj2QxPA9BhfqPMh-1280-80.jpg">
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                                                                                                                                                                        <media:description><![CDATA[Tax relief isn&#039;t about keeping pensioners in sports cars, it&#039;s about keeping them off benefits]]></media:description>                                                    </media:content>
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