Tax and legislation

Update on the Lifetime Allowance

16 Apr 2024

Since 2006, pension savings have been subject to a Lifetime Allowance (LTA), which placed a limit on the overall value you can build up across all your...

Tax and legislation

Pension updates from the Autumn Statement

05 Dec 2023

On 22 November 2023, Chancellor Jeremy Hunt delivered his Autumn Statement, setting out the Government’s key commitments and objectives for the UK...

Tax and legislation

What does the Spring Budget mean for your pension?

20 Mar 2023

On Wednesday 15th March, Chancellor Jeremy Hunt delivered his Spring Budget, which included the biggest shake-up in the taxation of pensions for over a...

Tax and legislation

What is the triple lock on pensions and how could it affect you?

27 Jul 2021

The triple lock on pensions, which is a Government pledge to raising the State Pension by a certain amount each year, has been hitting the headlines.

Tax and legislation

State Pensions increase by 3.9%

11 Mar 2020

From 6 April 2020, the State Pension, for those who reached their State Pension Age on or after 6 April 2016 will rise by 3.9% to £175.20 a week...

Tax and legislation

Pension reforms expected after Tory majority.

31 Dec 2019

Following the Conservative Party’s comprehensive victory in the general election, sweeping pension system reforms are expected.

Tax and legislation

Pensions boosted under proposed living wage

13 Dec 2019

Increasing the national living wage to an hourly rate of £10.50 would result in a pension boost of £333, according to calculations from Quilter (a...

Tax and legislation

The high court has ruled that women are not entitled to compensation for state pension age changes

17 Oct 2019

Campaigners have lost a significant legal battle against the Government’s handling of the rise in women’s state pension age.