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HM Revenue & Customs

Retirement

HMRC hands back £37m overpaid pension tax

£10m up from Q2

clock 01 November 2017 • 2 min read

Retirement

Pension freedom payouts hit £1.6bn in Q3

Just under 200,000 people accessed their retirement savings using pension freedom in the third quarter of the year, HM Revenue & Customs figures have revealed.

clock 25 October 2017 • 2 min read

Pensions

Legal & General blocks 300 suspicious pension liberation requests

Legal & General has become the latest provider to report a marked increase in the number of transfer requests to suspected pension liberation schemes.

clock 20 June 2013 •

Wrap/platforms

More platforms launch tax calculators after HMRC ruling

Four platforms are to allow advisers to automatically calculate tax liabilities for clients, following HM Revenue and Customs' decision to tax rebates paid by fund managers.

clock 18 April 2013 •

Your profession

Pension charges: A pretty penny

RETIREMENT

clock 26 July 2012 •

Tax Planning

Three million savers paying too much tax

Almost three million pensioners and low-paid workers have paid too much tax on their savings, research suggests.

clock 07 June 2012 •

Protection

Total insurer IPT bill close to £30bn

Insurers handed over £2.4bn in insurance premium tax in the year 2010/11, a rise of more than 6% on the previous year (£2.253bn), government figures reveal.

clock 20 December 2011 •

Life Insurance

The Whole of Life

Bereavement is bad enough without money troubles. Rachel Clarke explains the complexities of using whole of life policies

clock 30 September 2011 •
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