Action Fraud has revealed that £1.8m has been lost to pension fraud, and we’re not even half way through the year yet. Pre-pandemic it appeared that the number of pension scam reports were falling, Read More
We’re all eagerly awaiting the budget tomorrow, when Chancellor Rishi Sunak will outline how we plan to recover following the coronavirus pandemic. PIMFA, (The Personal Investment Management & Financial Advice Association) the trade association Read More
A proactive move by the Government has ensured State Pension increases, despite current legislation. The Department of Work and Pensions (DWP) Secretary, Thérèse Coffey, has introduced a technical Bill in the House of Read More
Inheritance Tax (IHT) is extremely confusing for clients. However, the latest ruling from the Supreme Court provides clarity over whether pension transfers should be subject to an IHT charge. Under current rules, any pension transfer Read More
The Pensions Schemes Bill will progress through the House of Commons next month, despite the coronavirus pandemic seemingly taking over politics in the UK. What is the Pension Schemes Bill? The Pension Schemes Bill will Read More
The Pensions Regulator (TPR) has stated that it remains focused on protecting savers, despite the pandemic. In its corporate plan released earlier this week, TPR set out its direction over the next year despite the ‘Read More
Retirees could lose pension protections through the triple lock guarantee in order to help fund the support offered to the UK public during the lockdown. According to research from thinktank, Social Market Foundation (SMF), state Read More
It has been revealed that Brits are increasingly relying on their personal pensions to play a pivotal role in later life income, according to the latest Institute for Fiscal Studies (IFS) Report. Using data from Read More
Research from Profile Pensions has revealed that the pensions gap between men and women, is far worse than the gender pay gap, which is attempting to be rectified. During their research, Profile Pensions analysed over 20,000 Read More
Senior homeowners will need an annual retirement income which amounts to more than double of today’s average of £17,212. According to a report released by the Equity Release Council and Key, it has been revealed Read More
Over a quarter of all couples in the UK do not discuss their pensions and later life plans with their loved ones. 25% of respondents have failed to discuss their later life plans or pension pot Read More
Rumours suggest that Sajid Javid’s budget on March 11th is set to reduce the amount of tax relief offered to higher earners on their pension contributions. Those inside the Treasury intimated to the Financial Read More
A Freedom of Information (FOI) requested by Buck, has discovered that almost 2,000 pension advisers have given “potentially unsuitable advice on pensions transfers necessitating further enquiry”. The information follows reports last week that found financial advisers Read More
A quarter of women are bewildered and nervous when it comes to making decisions regarding their retirement. When it comes to later life planning, almost a quarter (23%) were worried about making poor decisions that would Read More
Many UK adults have not prepared for their financial futures, according to a new study by UK’s leading price comparison website. MoneySuperMarket surveyed the British public to determine UK savings and find out how Read More
Almost a quarter of home owners are planning to use the equity in their homes to fund their care costs in later life. 24% of unretired homeowners would prefer to use the equity in their homes Read More
The Bank of Mum and Dad (BoMaD) are now the 11th largest mortgage lender in the UK, eclipsing the Help to Buy schemes in helping younger buyers gain a foothold on the property ladder. In Read More
Retirees are increasingly shackled and fettered to their debt according to an equity release advice specialist. According to research carried out by equity release experts Key, over half of over-55s are using equity release Read More
Over half of the UK population does not understand how pensions work, when they can access their money and how their money would be paid to them. According to recent research by MoneySavingHeroes.co.uk, 56% Read More
It has recently been reported that a woman has won the right to receive her late partner’s military pension after an eight year legal battle. Ms Jane Langford had been in a relationship with Read More
- Will Aid 2023: Highest donating Firm
- UK government to overhaul non-domicile tax status in favour of modernised system
- Navigating the ups and downs of running a will writing business
- Can someone with dementia create a valid will?
- Client blog: What happens to my debt when I die?
- Leaving a Lasting Legacy: World Vision offering free Will-writing this March
- Battle over will highlights risks of predatory marriages and importance of protecting vulnerable elders
- STEP responds to a UK government consultation that seeks views on improving transparency of land ownership
- Government backs SMEs with new Help to Grow campaign and small business council
Contact Us
Founded in 2014, Today’s Wills & Probate is the leading news publication for wills and probate professionals.
0330 1000 839