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NI cut could hit state pension funding
Chancellor Jeremy Hunt’s National Insurance (NI) cuts, which come into effect on Saturday, could hit the future funding of the state pension and current triple lock.
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Ex pension scheme trustee given suspended sentence over loans
A former pension scheme trustee has been given a 10-month jail term, suspended for 12 months, after admitting using scheme funds to make five prohibited loans to entities connected to the scheme’s sponsoring employer.
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£1.3bn lost to unclaimed pension tax relief
Britons have lost out on £1.13bn of tax relief in the five years to 2020/21, according to Hargreaves Lansdown.
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Over-50s turn to self-employment to boost retirement savings
Increasing numbers of over-50s are turning to self-employment to help boost their retirement savings, according to new figures.
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1 in 4 in the dark about their State Pension age
A major new study has found that a quarter of people (24%) are in the dark about the age they will receive their State Pension - including 10% of those aged 55 to 64.
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