by admin | Oct 17, 2024 | Pension
Most personal pensions set a minimum age at which you can start withdrawing money, typically not before age 55. Some pension benefits can be taken tax-free. Generally, you can withdraw 25% of your pension pot as a tax-free lump sum, with a maximum of £268,275....
by admin | Oct 14, 2024 | Pension
The Department for Work and Pensions has published an outline of the new Pensions Scheme Bill. There are three main objectives that the government want to achieve, and they are set out below. However, the process of consultation and redrafting that will no doubt be...
by admin | Oct 3, 2024 | Pension
HMRC’s 'Check your State Pension age' tool is available at www.gov.uk/state-pension-age/y. The online tool allows taxpayers to check the following: the earliest age they can start receiving the State Pension; their Pension Credit qualifying age; and when...
by admin | Oct 3, 2024 | Pension
An online service is available on GOV.UK at www.gov.uk/find-pension-contact-details to help people find their lost pension funds. You can use this service to find contact details for: your own workplace or personal pension scheme; or someone else’s scheme if you...
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