NFU Mutual

Pension pots cashed in without advice on the rise

In 2020/21 61.3% of pension pots over £50,000 cashed in were taken without financial advice, a rise from the 58.9% seen the previous year.

Expect Chancellor to raise cash from pensions says NFU

The Chancellor could introduce a limit to the tax-free lump sums taken from pensions, cut the pension annual allowance, and tax pensions when left to descendants to raise cash in the Autumn Budget.

HMRC hits back over 45% tax claims

The taxman has rubbished a report stating that many retirees will be "clobbered" with a 45% tax next April.

Britons failing to grasp retirement planning until age of 48

A new survey suggests that Britons only begin to realise they will one day retire when they reach the age of 48.

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