The tax collected from individuals breaching the Lifetime Allowance (the amount of savings which can be built up in a pension and receive tax relief) has rocketed by £100m since it was introduced in 2006.
Jonathan Watts-Lay, Director, WEALTH at work, discusses with The Telegraph how individuals can make the most of tax breaks when taking income in retirement. He comments; […]
The Treasury Committee has called upon the Government to abolish the Lifetime ISA (LISA) stating that it has received strong criticism over its ‘complexity, its perverse […]
It has been reported that the Work and Pensions Secretary, Esther McVey, is planning to ditch the ‘pensions dashboard’, a tool to let savers see all […]
The Pensions Policy Institute (PPI) has released its ‘Evolving retirement outcomes’ report. The report explores the potential outcomes that may be achieved through different retirement income […]
WEALTH at work is calling for more to be done to protect employees and members from the risks around defined benefit (DB) pension transfers. Jonathan Watts-Lay, […]
Top tips on how individuals can avoid losing their pension to scams The government have announced that the implementation of the Pensions Cold Call ban will […]
The Work and Pensions Committee has recently recommended that every pension provider which offers drawdown should be required to offer a default decumulation pathway by April […]
If you think that retirement plans are only for the super wealthy, or if you’ve just not got round to it yet, or even that you […]
WEALTH at work, a leading provider of financial education, guidance and advice in the workplace is calling for more to be done to protect defined benefit […]