Autumn Statement 2023

Autumn Statement 2023

On Wednesday 22nd November the Chancellor Jeremy Hunt stood up and delivered the government’s Autumn Statement 2023.   It feels like we have seen quite a lot of Mr Hunt since the end of the Liz Truss premiership back in October last year.   The government were keen to...
Going Going Gone – Budget 2023

Going Going Gone – Budget 2023

The Budget 2023 was all about pensions.   Whether you are contributing, withdrawing, have a defined benefit pension or a defined contribution pension there was something for everyone.    What was said in the Budget 2023   After rumours the pension Lifetime Allowance...
Claiming Your Workplace Pension

Claiming Your Workplace Pension

Research from HSBC Tomorrow Master Trust has found that nearly £2 billion is being lost by pensioners when claiming their workplace pension.  The reasons for this include high tax bills, penalty charges for transferring and a lack of retirement income choices.   So...
Two Big Tax Freezes That Are Bad For Your Wealth

Two Big Tax Freezes That Are Bad For Your Wealth

Tax freezes don’t sound as bad as raising taxes but they can still be just as damaging for your wealth.  The government will announce tax freezes as a sneaky way of making it look like they haven’t raised taxes. After all, I’m sure most people don’t like it when their...
Working And Receiving A Pension

Working And Receiving A Pension

Since April 2011 employees cannot be forced to retire from their job meaning you could still be working and receiving a pension.   Working and receiving a pension doesn’t reduce the amount of pension you are entitled to but it can require a bit more tax...