UK Budget 2018 – Pension Announcements

2020-01-16T22:56:24+00:00October 31st, 2018|Pension, UK Budget|

The 2018 UK Budget announcements did not include much in the way of pensions this year with the Chancellor's focus squarely on pre-Brexit preparations. At a glance - The key points of (pension) relevance include: The Lifetime Allowance will increase to £1,055,000 from April 2019 (currently £1,030,000) There will be a ban on cold calling in [...]

Autumn Statement closes pension tax relief loophole for over-55s

2018-01-29T00:06:14+00:00November 23rd, 2016|Pension|

The amount you can save into a pension – once you have already taken some money out – has been slashed by the Government in a bid to clamp down on those seeking “double tax relief”. The move will hit hundreds of thousands of people, aged 55 and over, who have used the new “pension freedoms” [...]