Young risk pension poverty with ultra-long mortgages
- Monday, 13 May 2024
- Articles
More than 1m mortgages taken out in the past three years extend beyond the borrower’s state pension age, prompting fears that young home buyers are gambling with their retirement income.
Read more...58% of pension pots cashed out in full
- Tuesday, 16 April 2024
- Articles
More than half of pension pots are being cashed out in full as fewer people seek professional guidance, new figures from the FCA have revealed.
Read more...State pension set to rise 8.5% as wages rise
- Tuesday, 12 September 2023
- Articles
The latest official wage growth figures - published today by the ONS - mean the State Pension should rise to £11,501 in April 2024, a 8.5% rise from £10,600 this year.
Read more...Govt considering taxing inherited pension pots
- Thursday, 20 July 2023
- Articles
The Government is threatening to remove the ability to inherit an untouched pension pot tax free into a drawdown account if the deceased is under 75.
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