Doctors lobbying for pension tax changes

05 Jun 2019 | Pensions

Hospital doctors and GPs in the UK are lobbying the government to amend the pension tax rules as the current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional...

Are you paying unnecessary tax on your State Pension?

08 May 2019 | Pensions

If you decide to continue working past the State Pension age, you could be paying unnecessary tax. You may have failed to take up the option of deferring your State Pension until you stopped work and as a result, your entire State Pension will be taxed, in some...

5 Tips to make the most of your pension freedoms

21 Mar 2019 | Pensions

The Pension freedom changes of April 2015 represented a complete shake-up of the UK’s pensions system, giving people much more control over their pension savings than before.We’ve put together 5 top tips to ensure you’re making the most of your...

Increases to minimum Auto Enrolment contributions

28 Feb 2019 | Payroll, Pensions

Auto Enrolment minimum contributions will be increasing again in April.Currently, the minimum pension contribution is a total of 5% on the standard contribution basis. This will rise to 8% on 6 April 2019, of which employers must pay at least 3% and your staff member...

Should you defer your State Pension?

24 Jan 2019 | Pensions

According to the Department for Work and Pensions (DWP), more people are continuing to work in later life with 10.4% of over 65s  still working, double the number from 20 years ago. The average age on leaving the workforce is 65.1 years for men, up from 63.1 in...