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pensions

  • The Notebook: Closing the gender pensions gap remains at least 20 years out of sight

    November 13, 2024

    The gender pensions gap means many women are facing poverty in retirement. And without urgent action, it may never close, writes Scottish Widows MD Jackie Leiper.

  • Reeves to lay out pensions overhaul in Mansion House speech

    November 3, 2024

    Rachel Reeves will reportedly propose an overhaul of Britain's pension fund industry in her first Mansion House speech as the government tries to unlock billions of pounds worth of investment.

  • Autumn Budget 2024: Sweeping overhaul of inheritance tax regime revealed

    October 30, 2024

    Alongside the changes to pension pots, the Chancellor said she was changing the taxation of gifts passed on during someone's lifetime.

  • Budget: Labour grandee warns pension tax hike rumours are ‘very worrying’

    October 25, 2024

    Rumours over a hike in employer national insurance contributions on pensions in next week’s Budget have been described as “very worrying” by Labour grandee David Blunkett. Blunkett, who served in Tony Blair’s cabinet as home secretary and secretary of state for work and pensions, said he would “advise strongly against” the changes in a letter [...]

  • Pensionbee maintains positive earnings as fintech raises cash for US growth

    October 24, 2024

    PensionBee sustained positive adjusted earnings last quarter while the online retirement savings provider raised £20m for US expansion.

  • Millions pumped into anti-fraud work as DWP staff costs jump almost 200 per cent

    October 23, 2024

    The Department for Work and Pensions has increased its anti-fraud staff costs by nearly 200 per cent since 2021, as it seeks to crackdown on fraud

  • Autumn Budget: Which taxes will Rachel Reeves hike?

    October 22, 2024

    With the Autumn Budget set to be delivered in just a few days, speculation about which taxes Chancellor Rachel Reeves will opt to raise has reached fever pitch. On entering No 11 Downing Street, Reeves commissioned the Treasury to conduct a thorough spending audit, which she claimed unearthed a “fiscal black hole” of £22bn, paving [...]

  • Pensionbee boss reveals the secret to a successful pension

    October 22, 2024

    Pensionbee CEO Romina Savova has revealed what she describes as the big secret behind a successful pension.

  • What are the biggest risks to pension saving in the Autumn Budget?

    October 22, 2024

    Reeves faces difficult decisions at next week's Budget, but tampering risks creating more problems in the long-term, writes KPMG's Stephen Collins.

  • Bittersweet boost: UK state pension to rise by 4.1 per cent due to triple lock

    October 16, 2024

    Under the pensions triple lock, the state pension rises each April in line with whichever is highest of inflation, average wage increases or 2.5 per cent.

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