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The Resolution Foundation has urged Chancellor Jeremy Hunt to use next month's Budget to raise the age at which people can access tax-free private pension wealth.
The number of people of working age who are retired is actually now lower than it was at the start of the pandemic, according to a new report.
The cost of living crisis could lead to mass breaches of the money purchase annual allowance (MPAA), as more people flexibly access taxable income from their retirement pot to cover increased costs.
The Financial Ombudsman Service’s uphold rate has remained steady at 35% despite a rise in complaints about financial products.
The Institute for Fiscal Studies (IFS) has been spending a lot of time recently looking at pensions. Before Christmas we had a paper on the tax treatment of pensions on death, and now they have followed this up with their blueprint for a better tax treatment of pensions.