Pensions
The latest news, updates and opinions on Pensions from the expert team here at MoneyWeek
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Pensioners to pay “retirement tax” within three years, according to state pension forecasts
The state pension is set to reach £12,592 by 2027, meaning it will exceed the tax-free personal allowance. We look at the latest forecasts, and how frozen tax thresholds affect retirees
By Ruth Emery Published
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Gender pensions gap to take 20 years to fix unless ‘decisive action taken’
Scottish Widows finds that - based on current projections - it will take until 2045 to bridge the gender pensions gap
By Chris Newlands Published
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Pensions face “double tax” due to inheritance tax change - what are your options?
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
By Ruth Emery Last updated
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Five months left to top up your state pension – should you buy National Insurance credits?
News Older workers have until 5 April 2025 to make a backdated claim for NI credits to 2006/2007 that could boost their state pension income
By Marc Shoffman Last updated
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Autumn Budget 2024: Pensions and Aim shares to be taxed in IHT crackdown
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”
By Ruth Emery Published
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Autumn Budget 2024: State pension and Pension Credit to rise 4.1% in April
The chancellor has confirmed that the state pension will increase in line with the triple lock, meaning the full payout will jump by £470 a year. We have all the details of how much the payments will be worth
By Ruth Emery Published
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Pension moves you should make before Labour’s Budget raid
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
By Ruth Emery Last updated
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Should you defer your pension and stay in work?
Deferring your state pension could make sense if you're still working and don't need the income immediately. We look at how it works, and the pros and cons.
By David Prosser Last updated
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Lost pension pots reach £31 billion - how to find your old pensions
There are now an estimated 3.3 million lost pension pots, up from 2.8 million two years ago, according to the Pensions Policy Institute. We explain how to track down your old pensions
By Ruth Emery Last updated