The full state pension rate is set to overtake the personal allowance, the point at which someone starts paying tax, in 2027, ...

Rachel Reeves is set to announce a tax raid on pension schemes for working Brits in the upcoming Budget, it has been reported ...

A PENSIONS shake-up being considered in next month’s Budget would shrink pots by £50billion, Rachel Reeves has been warned.

However, financial experts have warned that this projected rise will result in nearly 9 million pensioners paying tax in ...

Currently, those over the age of 55 can take 25 per cent of their pension pot tax-free up to a £268,275 cap. There are ...

Someone who takes their full 25 per cent pension tax-free lump sum at age 55 could lose out on more than £63,000 in potential ...

British retirees get substantially less in state pension than in other wealthy nations, and for fewer years, but the balance ...

Chancellor Rachel Reeves is set to limit a tax break on pension contributions for employers and employees in a bid to raise ...

“Constant speculation about and tinkering with pension policy damages confidence in the entire pension system, fuels ...

The Triple Lock is set to push millions of pensioners into paying tax on their State Pension from April 2026, with the full ...

A cut in pension tax reliefs in the Budget risks a loss of £50bn from UK pension funds over the next five years.

Insiders say Reeves has opted against reducing tax-free pension lump sum withdrawals amid concerns that it would hurt ...