HMRC’s pension tax trap
Pension savers are being overtaxed at record levels when they dip into their retirement pots. More than 200,000 over-55s have clawed back nearly £500 million since pension freedoms were introduced in 2015.
Pension-led funding for small businesses
Despite the relatively benign economic impact to date the impact of Britain’s decision to leave the EU has had a big impact on uncertainty among businesses. Add that to a mix of higher costs, weak domestic growth and lacklustre consumer demand and it’s clear that optimism has been dampened among British small businesses.
How to boost pension tax-free cash
Switching from a final salary pension to an independent plan could substantially boost the amount of tax-free cash you can take, says the Telegraph.
Property Winning Race For Pension Cash
Property is emerging as the most popular destination for cash withdrawn from a pension in the first 12 months since the at-retirement reforms.