Pension crisis looms, so how can business owners help their employees?
The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.
Making the most of pension contributions for tax purposes
Are you ready for the end of the 2023/24 tax year?
Higher rate taxpayer? How to prepare for the end of the tax year
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.
18-year-olds to be included in auto-enrolment expansion
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.
Have your employees claimed their pensions? What business owners need to know
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs. Recent data reveals that unclaimed pensions amount to a staggering £28,000 per person.
Major pension reforms sparks rethink for UK savers
Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime allowance.
How will the changes in the Spring Budget affect pensions?
During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.
A guide to National Insurance and State Pension eligibility
Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension age.
First cost of living payment received by millions
Payments to support those struggling with the cost of living are starting to be paid into eight million people’s accounts from today.