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Budget25: Salary sacrifice for pensions capped at £2,000
The government will put a cap on salary sacrifice on pensions to save around £4.7bn, it was revealed in the Budget.
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Budget sparks record top-ups for SIPPS and ISAs
The Budget rumours in recent weeks have sparked a record tax year so far for the number of people paying into SIPPs, stocks and shares ISAs, cash ISAs, JISAs and LISAs from Hargreaves Lansdown.
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Pension professionals exempted from new rules
HMRC has agreed to exempt pension administration professionals from new requirements requiring ‘tax advisers’ who interact with HMRC on behalf of clients to register with HMRC and meet new minimum standards from 1 April 2026.
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Retirees risk shortfall in later life
Retirees are living longer than they ever expected – and their finances may not be keeping pace, according to new research.
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STEP warns of pension reforms ‘chaos’
Proposed pension reforms included in next week’s Budget will create chaos and put bereaved families and ordinary people at financial risk, according to STEP, the global professional body for trust and estate practitioners.
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