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Annuity rates rise 8% in 12 months
Annuity rates have increased by 8% for a healthy 65-year old over the last 12 months, according to new data.
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More pensioners dragged into income tax - HMRC stats
There were 7.13m taxpayers of pension age for the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.
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Aggregate DB surplus falls to £233bn, says PPF
The aggregate surplus of DB pension schemes fell to £232.7bn at the end of February, according to the latest Pension Protection Fund (PPF) 7800 Index.
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IHT on pensions opposed by industry professionals
There’s overwhelming opposition to the proposed introduction of IHT on unused pensions, according to a new survey conducted by SSAS provider WBR Group.
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Advisers rethink pensions advice after Budget changes
The IHT changes announced in the Autumn Budget have triggered a shift in the advice that IFAs are providing to their clients, according to a new study.
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