What is the pensions annual allowance in 2025-26? When you save into a pension you benefit from tax relief, which means you don't have to pay income tax on the contributions. However, the government ...

Pensions experts have criticised a rumoured government policy to raise the tapered annual allowance threshold income, calling it a sticking plaster that will not solve the underlying problem.

The pension lifetime allowance has been scrapped in a surprise announcement by the chancellor Jeremy Hunt. As part of the Spring Budget, Hunt also hiked the £40,000 pension annual allowance to £60,000 ...

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Anyone with a pension or savings needs to take action now to protect their future finances after a Rachel Reeves ' U-turn, a ...

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On the go: At least 34 per cent of all people who exceeded the annual pension contribution allowance in 2019-20 were members of the NHS pension scheme. Recent data from HM Revenue & Customs and ...

Navigating the world of pensions isn’t always easy, particularly because the tax rules associated with saving for retirement are complicated and have changed a lot over the years as governments have ...

It’s a nice problem to have, but growing numbers of savers are running into the pensions lifetime allowance – a lifetime limit on the size your pension pot can grow to before being taxed (rather than ...