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Tag: pension

Pension withdrawals warning as over-55s trigger ‘once-in-a-lifetime’ HMRC tax trap

Posted: May 14, 2023 at 10:22 pm   /   Business

Savers who draw large sums from their pension to meet soaring living costs risk falling into a costly tax trap, a pensions expert has warned. Daily Express :: Finance Feed

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Pension ‘mission impossible’ as savers told they need £530k for comfortable retirement

Posted: May 14, 2023 at 10:22 am   /   Business

Do you want to spend your final years in comfort and ease? Your mission, should you choose to accept it, is to save £530,000 by age 67. Daily Express :: Finance Feed

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State pension triple lock in new election threat – Sunak and Starmer must come clean now

Posted: May 13, 2023 at 10:22 am   /   Business

Politicians need to come clean and tell us if they are planning to scrap the state pension triple lock after the next election, a top pension expert has demanded. Daily Express :: Finance Feed

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Warning as renters need ‘over £500,000 pension pot’ – do you have enough?

Posted: May 12, 2023 at 10:22 pm   /   Business

Renting in retirement is becoming more common, however, it could have serious impacts for finances in later life. Daily Express :: Finance Feed

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‘State pension shouldn’t be taxed’: Fury as HMRC stealth raid eats up 10.1% pension hike

Posted: April 18, 2023 at 10:22 am   /   Business

Express readers have reacted with anger and frustration as rocketing tax bills and prices eat up this year’s state pension increase. Daily Express :: Finance Feed

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Everyone loves this tax-free pension perk but it gets even better if you resist taking it

Posted: April 16, 2023 at 10:22 am   /   Business

Pensions come with a host of tax benefits but the most popular of all is the ability to take 25 percent of your pot as a tax-free lump sum from age 55. Daily Express :: Finance Feed

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‘Short-term victory’ for Macron as French top court approves hated pension reform

Posted: April 15, 2023 at 10:19 am   /   World

French President Emmanuel Macron’s unpopular plan to raise France’s retirement age from 62 to 64 was enacted into law on Saturday. Daily Express :: World Feed

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Macron faced with renewed pension protests on return to France

Posted: April 13, 2023 at 10:19 am   /   World

Street protests continue in France with Emmanuel Macron’s controversial pension bill set to go before France’s constitutional council on Friday. Daily Express :: World Feed

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This is how the state pension triple lock dies – quietly, sneakily, suddenly

Posted: April 12, 2023 at 10:22 pm   /   Business

A lot of very powerful and influential people would like to see the back of the state pension triple lock. Worryingly, that includes pretty much everybody working at HM Treasury. Daily Express :: Finance Feed

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HMRC hits pensioners with instant tax demands after today’s state pension hike

Posted: April 10, 2023 at 10:22 am   /   Business

The state pension rises by a record-breaking 10.1 percent from today but pensioners are finding it comes with a tax sting in the tail. Daily Express :: Finance Feed

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