Financial planning (for retirement)

Pension triple lock to cost taxpayers an extra £10bn a year by 2034

Business
Robert Johnson

The triple lock will cost households around £10bn extra a year by 2034, prompting warnings that taxpayers will be forced to work ...

‘How do I turn my £312k Isa into £50k a year retirement income?’

Business
Robert Johnson

Now turning to the Isa portfolio, it seems that most of the investments are in shares, infrastructure and commodities. While Mr Knight ...

Pensioners suffer biggest losses from Tory tax raid as Hunt boosts millennials

U.K.
William Turner

Pensioners will not benefit from the National Insurance reductions because they are already exempt from paying it. Many have private pensions as ...

Pensioners forced to ‘gamble’ on size of tax-free allowance

Business
Robert Johnson

In this case they can apply for a “transitional tax-free amount certificate”. This is designed to show their “true” position, by adding ...

Pension loophole to allow savers to take £500,000 – without paying a penny in tax

Business
Robert Johnson

The Finance Bill is expected to receive royal assent within a matter of weeks, with the rules due to come into effect ...