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With a record £70 billion withdrawn from pensions in the year to March, experts are concerned savers are making knee-jerk ...
Key Takeaways Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees.Thirty-eight states don't tax Social Security income.Thirty-seven states ...
Fears over further changes to pension tax in the Budget are leading to more people to access their retirement pots, experts warn ...
A shake-up to UK pensions is set to come into effect from 2026 to 2028, with changes to weekly earnings and the qualifying pension age, as well as an overhaul to inheritance tax likely ...
Many people may be planning for retirement based on outdated assumptions, according to Schroders Personal Wealth.
The plea came in the same week as Back British Farming Day, the NFU's annual flagship rallying call for political backing and continued public support. The Cumberland News spoke to NFU Cumbria County ...
The Autumn budger is expected to deliver targeted measures for SMEs, with Peter Kyle under pressure amid a fragile UK economy ...
“Perhaps you don’t need the money, or you are trying to reduce your own inheritance tax liability,” says Ms Brett. In these ...
The Enterprise Investment Scheme is tax-efficient and potentially lucrative. Taking a chance on the scheme could trim your ...
HMRC could reportedly "target" rules for those who gift family members money. The Labour Party Chancellor, Rachel Reeves, is reportedly considering changes to certain exemptions. The inheritance tax ...
Ahead of the autumn budget and the potential pension tax changes, there are three things you should be considering to ensure ...
Across the 2024-25 financial year as a whole, the number of people withdrawing lump sums was up 29% compared with 2023-24.