Life expectancy has fallen in the UK because of the pandemic, changing the state pension landscape. This means the UK Government has delayed the plan for the state pension age (SPA) to increase to 68 by 2039. The high inflationary trend that has been present throughout ...
an extension to the pension funds clearing exemption; progress on legislation for pensions tax changes; the Government's confirmation of a state pension age increase to 68 by 2046; the commitment of the UK and the US to establish a US-UK data bridge; and recent Government announcements regardin...
What’s more,research looking into life expectancy and birth rates suggeststhat the UK state pension age will need to increase to 71 by 2050, meaning UK residents will need to retire even later in life. To better understand the effect of these challenges on retirement and life savings plans,...
Penfold is a pension provider that bills itself as a flexible and inclusive alternative to other providers. You do not need to meet a minimum initial investment amount, you can complete the setup process in under five minutes and you can increase, change, or pause your payments at any time....
The magnitude of these effects, and the results from subgroup analysis, suggest they are more likely explained by the increase in the state pension age being a shock or through it having a signalling effect rather than them being due to either credit constraints or the effect ...
Early retirement is also possible from your Minimum Pension Age, provided the Principal Employer and Trustee both consent. Your pension will be reduced to take account of the fact it will be paid for a longer period. How can I opt out of the Scheme? You can opt out of the Scheme at ...
2024 Annual Increase 2023 Burial £5,894 +7.3% £5,493 Cremation £4,431 +6.1% £4,176 Direct Cremation £1,557 +11.5% £1,396 Average funeral cost £4,706 +5.75% £4,450 The 'cost of dying' is on the increase As you can see from the diagram here, UK funeral ...
UK house prices rise more than expected in December Month-on-month increase of 0.7% takes average house price close to record high Thursday, 2 January, 2025 Neal Hudson We don't really know how many homes we're building Even holiday caravans have been known to skew England’s housebuilding...
Labour’s pension reforms are based on flawed analysis What exactly do savers get out of investing in the UK, other than a patriotic glow? Friday, 3 January, 2025 The Big Read The looming battle over Britain’s wind farms The Labour government wants to ramp up renewables. But many local ...
January 3 2025 John Ralfe Labour’s pension reforms are based on flawed analysis What exactly do savers get out of investing in the UK, other than a patriotic glow? News in-depthUK economy UK heading for tax rises despite return to growth, economists say ...