Pensions and retirement

Capital gains tax allowances are to be further reduced for the new tax year starting 6th April, which could impact how you invest. Here's what you need to know. 

It’s often thought that the highest rate of income tax in the UK is 45% – but that’s not actually the case.

We've been totting up the figures on how to retire comfortably at 55 in the UK (though the nominal minimum pension age will rise to 57 in 2028). To retire at 55 with financial freedom, and some luxuries such as overseas holidays, it is estimated that an individual would need annual income of around £37,300 per year. A couple would need £54,500. We explore how much you will need to give your pension a boost, including estimates for monthly contributions and total pot size. 

While it’s not mandatory to seek financial advice when starting or investing in a pension, it may still be a good idea to speak with an expert to manage risk and get a clearer understanding of tax efficiencies, ultimately giving you the best chance of hitting your retirement goals.

Putting together a realistic and manageable plan for your finances in retirement is never easy. Here we outline six things to consider, whether you have decades or years to go until you give up work.

With many of us likely to need means beyond the State Pension for our later years, considering personal pensions – and the tax relief on offer – could help you get one step closer to your dream retirement.

It’s a question many of us face when we think about funding our retirement – whether to invest in property, downsize your home, or focus more on a personal pension. Here are the pros and cons of each route to creating a stronger financial future.

In order to better understand the needs and concerns of the UK public, we asked 2,000 UK adults about their retirement plans, with some fascinating insights. Here we talk about some of the key highlights and some possible steps if you find yourself in a similar situation. 

Understanding UK pensions and retirement provision can be complex and difficult. Here’s our handy guide with some brief definitions of the key terms you need to know, and links to where you can find out more.

With many of us having multiple workplace pensions from the different jobs we’ve held, as well as perhaps a personal pension, planning for your retirement can sometimes feel overwhelming. Here’s our guide on how to get a clearer view, including consolidating old pensions into one pot.  

Pensions can beintimidating, especially if you’re a long way from retirement. Here we look at the different types of pensions available in the UK to help you decide which options are right for you.

Our guide to the Lifetime ISA gives you the basics on tax-efficient investing that could help you purchase your first home, give your retirement a boost – or both.