Page 2 - Jon Greer News Today

Big savings pots could be vulnerable to a return of the lifetime allowance

Savers may be able to double the amount they can take tax-free from pensions because of a loophole created under incoming rule changes, experts have said.

Autumn Statement launches call for evidence on shift to a lifetime provider model - how would it work?

After weeks of rumours Jeremy Hunt was planning to cut the 40 per cent rate or raise the thresholds, a revamp of the death tax was shelved.

After weeks of rumours Jeremy Hunt was planning to cut the 40 per cent rate or raise the thresholds, a revamp of the death tax was shelved.

If you get the full basic state pension, then payments will increase by £13.30 per week. That means growing from £156.20 to £169.50.Meanwhile the full new state pension will move from £203.85 to £221.

Pension credit tops up weekly income to a minimum of £201.05 for single people and £306.85 for couples, and it can be more if you are a carer or disabled.

Paul Maynard has been appointed as the new pensions minister to replace Laura Trott, who left the post on Monday. Maynard was elected Conservative MP for Blackpool North and Cleveleys in May 2010.

Laura Trott oversaw publication of the first official measure of the gender pensions gap, which revealed a yawning hole in womens savings

The financial services profession has expressed concern about potential delays to pension reforms after it was confirmed Laura Trott has left her post as pensions minister today. Trott has been appointed as chief secretary to the Treasury as part of prime minister Rishi Sunak’s cabinet reshuffle. The chief secretary