Almost a quarter (22%) of 55 to 64-year-olds have no private pension savings, figures from the Office for National Statistics (ONS) show. The problem is particularly acute among women aged 55-64 who have not started claiming state pension benefits, with 40% lacking...
Speculation is mounting that Chancellor Rishi Sunak has a solution up his sleeve to fix the doctors' pensions row in this week's Spring Budget. Savers can pay up to £40,000 a year into their pension, with savings that breach this threshold taxed at an individual's...
Record volumes of eligible employees saved into a workplace pension last year, according to the Office for National Statistics (ONS). Workers who are aged between 22 and state pension age, and earning more than £10,000 a year are eligible for a workplace pension...
The number of self-employed people actively saving into a pension has decreased steadily over the last decade, according to the Department for Work and Pensions (DWP). The annual automatic enrolment report, published yesterday, found that the number of self-employed...
More than a million parents in the UK are missing out on £2,000 a year by not claiming tax-free childcare. HMRC statistics found that around 172,000 families are claiming the Government support, up from 125,000 year-on-year. As 1.3m parents are eligible for the...
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