Anyone over 40 is now entitled to a free NHS mind and body health check every five years, at which they might expect to receive the cheerful advice – “use it or lose it”. A wealth adviser or manager looking to keep your finances in top condition might declare the same of your pension.
pension tax relief
A new report from the Royal Society of Arts (RSA) is calling for an overhaul of the tax relief offered to savers paying money into a pension.
What can you do to ensure you minimise the tax you pay in retirement? We round up a range of sensible strategies.
A Labour government may threaten pensions and Isas, reports Cherry Reynard.
New data shows a record number of people are paying the highest rate of income tax. We outline three ways tax bills can be cut down.
The Treasury has announced that the annual allowance for tax-free pension saving will be reduced from £255,000 to £50,000 next April.
Pressure is growing on the government to make the pensions tax relief rules simpler or risk discouraging pensions saving and penalising the self-employed.