Among the talk of compulsory maths lessons and fizzy drinks, there were a number of big announcements regarding taxes, savings and pensions in this year’s budget.
The UK Government Overhauls State Pensions
Women Receive Smaller Pensions Than Men
The Challenging Millennials
Revisions to Inheritance Tax
New Pension Tax Reforms to Hit The Wealthy
Pensions Becoming a Worry for Financial Experts
Are Young Workers Saving Enough for Retirement?
Huge Lump Sums Withdrawn from Pensions
Changes to Your Pension Annual Allowance
The EU Countries With The Longest Working Hours
Money In Your 20s
Helping Your Employees Prepare for Retirement
By now, all small businesses should be aware of workplace pensions. You might have seen the advertising on TV – ‘Workplace Pensions. We’re All In’. That may already be true of the country’s largest businesses, but to smaller businesses and their employees, implementation is now looming large on the horizon. If you employ one or more qualifying people, then at some point you will have to comply and set up a qualifying Auto Enrolment Pension Scheme.
Are You Ready for Retirement?
Planning for retirement is not a straightforward process, and when it comes to choosing a pension there are lots of different things to take into account. You may not be aware, but there are actually three different types of pensions. Let’s explain a little about them…