But did you know that also paying some attention to your pension pot and giving it a Christmas bonus could result in a very jolly boost to your retirement savings? The average amount spent per ...
Britons could boost their retirement savings by thousands of pounds if they choose to give themselves an annual Christmas contribution bonus, according to new analysis. Statista predicts that ...
I’m a higher rate taxpayer on £60,000 a year and have £200,000 in my defined contribution pension pot, which I have been saving into since I started work aged 21. Could the state pension end ...
The civil servant who urged Scottish government colleagues to delete WhatsApp messages during the Covid pandemic received a pension worth over £1m on his retirement. At the UK Covid inquiry it ...
However, if you contribute more at a younger age, this allows for compound interest to take effect and your pension pot could be much bigger by retirement. In your 30s and 40s, you should aim for ...
To help savers work out where they stand, we’ve gathered data from the UK government and from leading pension providers to determine the national average pensions kitty, along with how pot size ...
A senior civil servant who urged colleagues to destroy Covid WhatsApp messages retired with a pension pot worth £1.5million. Ken Thomson was also given a CBE despite his role in one of the ...
Besides inequality and insufficient support particularly for migrant and rural workers, the entire pension system is facing a major challenge because the pot is believed to be running dry soon.
I’m 65 years old and worried about the new pension rules that say my pension pot will now be subject to inheritance tax when I die. This will take me well over the tax-free thresholds.
The new Labour Party government has quietly abandoned plans for a major overhaul of the pension system, in what's being dubbed a 'pot for life' U-turn. A Department for Work and Pensions (DWP ...
Your pension provider needs to know how much your total pot is worth so that it can calculate how much is tax-free. Working out the value of a pension pot is relatively straightforward when it ...