At a glance Retirement: The State Pension will increase by 3.9% from April 2027, with a new Pension Tax Allowance for eligible pensioners. Changes to the triple lock are also planned for 2030. Savings: Tax on savings and property income will increase from April 2027, while the annual £20,000 Cash ISA allowance remains unchanged. Passing …
Five years to retirement: are you ready? At a glance The years before retirement are a good time to understand what income you might have and what you’ll need. Checking your pensions, State Pension forecast and savings can help you see where you stand. You may still have time to make changes to support the …
HM Revenue & Customs (HMRC) has confirmed that executors will be able to ask pension schemes to hold back up to half of what each non-exempt beneficiary is due while an inheritance tax (IHT) bill is being settled. The detail appears in HMRC’s second technical note, published on 27 August 2026. The underlying change is …
Many women reach retirement with less pension income than they expected – often because of time spent caring, raising families or working part-time. This may affect you, your partner, or the younger women in your family. The good news is that a few simple checks can make a real difference for you or the women …
From April 2027, the rules around cash held in ISAs are changing – including a new 22% charge on interest paid on cash held in investment ISAs. Here’s what’s changing, who is affected, and why it’s worth reviewing your savings before the new rules come in. Government confirms 22% charge on cash held in investment …
New research shows that many people worry about dementia, but almost half haven’t planned for possible care costs. We look at the practical steps you can take now to give you and your family more choice later. Have you thought about how a dementia diagnosis could affect you, your parents or your wider family? Dementia …
Retirement is not just about choosing a date. It’s about understanding what life after work could look like, how much income you may need, and how your money can support the plans that matter most to you. Retirement can feel exciting, strange and slightly daunting all at once. After years of saving, earning and planning …
Supporting family is one of the most natural things in the world. And when you’re able to help, it can be a wonderful thing to do. The key is making sure your generosity works for everyone, without compromising your own financial future and without affecting your retirement, pension or inheritance tax planning. Whether it’s a …
Changes announced in the 2025 Autumn Budget mean the way many people use ISAs will need to evolve, particularly for those under the age of 65. With limits on Cash ISAs being reduced, investing is likely to play a bigger role in making the most of your tax-efficient savings in the years ahead. A fresh …
The Government has announced a major change to the cash ISA allowance and other reforms to the ISA system alongside a hike in savings income tax rates. The changes bring major changes for UK savers contributing cash into the tax-free accounts, with potentially far-reaching consequences. Under the plans announced by the Chancellor, the annual tax-free …
