Page 5 - Jon Greer News Today

The state pension is expected to rise to £11,469 next year due to a significant increase in pay inflation, which could give pensioners an extra £72 a month.

Analysts expect the decline in inflation to continue, meaning the higher wages figure would decide the triple lock and deliver an inflation-busting rise.

Parents and grandparents are increasingly stashing money into pension schemes for their children – and tax experts say avoiding death duties is a key reason why.

Perhaps other savings vehicles are more suitable, especially if designed for the needs of the self-employed

Introducing a tougher regime risks disrupting the inheritance plans of many people invested in drawdown plans with an eye to passing on pension wealth to the next generation.

Proposed Lifetime Allowance policy changes have been described as a sea change in tax treatment and could prove costly to many more families.

New figures from HM Revenue and Customs show that pension tax overpayment refunds continue to skyrocket due to inflation.

The Financial Conduct Authority (FCA)'s investment pathways are working “as intended”, it has confirmed in a post-implementation review.

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

The Department for Work and Pensions (DWP) after looking into the issue of smaller pension pots has stated its preferred approach is to use multiple consolidators under a new regulatory framework.