The second Budget of 2020 could mark the start of a round of tax increases.
Many people may need to reduce the income they are taking from their drawdown pension funds in light of recent falls in the value of their investments resulting from the economic impact of Covid-19.
A Relevant Life Policy is a tax-efficient alternative to a “death in service” benefit that allows a company to provide and pay for life insurance for key employees.
Women are saving more than ever into pensions, but they still lag behind men in retirement savings, resulting in a gender pensions gap.
The new State Pension has failed to keep up with the National Living Wage in the years since they were both set up in April 2016.