Not a vintage offering this, the last ever, Autumn Statement! Underwhelming for many, but there were some items on the vine that were worthy of harvesting regarding tax, savings, and pensions. Here are some that might affect you: – An increase in the tax-free personal allowance to £11,500 and the… 
The pensions lifetime allowance (LTA), the amount savers can place in their pension pot and still claim tax relief, is now down to £1m – down from £1.8m when it was set just five years ago in 2011-12. Any savings in excess of the LTA will potentially attract tax at 55%! So is it the…
A recent article by Onrec-The Online Recruitment Resource points to income statistics for pensioners that indicate that more and more people aged over 65 are continuing to work after they officially retire. Choosing to remain in employment can be down to a need for extra income, but staying employed has also been shown to provide…
There has rarely been a time when pensions have been so high on the political and social agenda. As we all expect to live longer than the generations that have gone before, and our general standard of living has increased, taking the time to plan your retirement and have the confidence that you will be…