1.6 million face retirement with no private pension

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...

Tapered allowance threshold set to rise

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...

Workplace pension participation levels hits new high

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...

‘Steady decline’ in self-employed savers

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...

Families miss out on £2,000 in tax-free childcare

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...
Williams Financial Planning Limited logo

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

 

By submitting your details you agree to receive email marketing from Williams Financial Planning and have read and understood our Privacy Notice. You can withdraw your consent or change your preferences at any time by emailing us or by clicking the link at the bottom of every email we send you.

You have Successfully Subscribed!