LCP

Steve Webb: HMRC tax code stance moving in right direction but still work to do

Pensions

Steve Webb: HMRC tax code stance moving in right direction but still work to do

'HMRC has belatedly accepted that the status quo is unacceptable'

clock 05 February 2025 • 4 min read
Campaigners claim victory as HMRC overhauls pension withdrawal tax system

Pensions

Campaigners claim victory as HMRC overhauls pension withdrawal tax system

Pensioners over-taxed by £1.3bn since 2015

clock 22 January 2025 • 4 min read
Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Pensions

Labour scrapping higher rate pensions tax relief is 'politically unlikely'

Despite being ‘potentially lucrative’

clock 30 September 2024 • 4 min read
'Slump' clear in DB pension transfer market as values plummet

Pensions

'Slump' clear in DB pension transfer market as values plummet

Close to 2,000 advisers have left the pension transfer market in four years

clock 10 October 2023 • 1 min read
HMRC stats show sharp rise in people breaching pension tax limits

Pensions

HMRC stats show sharp rise in people breaching pension tax limits

Chancellor felt ‘forced’ to act as number of people caught increased

clock 27 September 2023 • 5 min read
HMRC docs threaten ability to inherit pension pots free of income tax

Tax planning

HMRC docs threaten ability to inherit pension pots free of income tax

A potential big change made ‘through the back door'

clock 20 July 2023 • 2 min read
Frozen tax thresholds bite as 55% more pay additional rate 

Tax Planning

Frozen tax thresholds bite as 55% more pay additional rate 

Hundreds of thousands dragged into higher paying tax brackets 

clock 29 June 2023 • 3 min read
Cost of pension tax relief rises to £27bn, HMRC figures reveal

Pensions

Cost of pension tax relief rises to £27bn, HMRC figures reveal

' A cause for celebration not a justification for cuts'

clock 12 January 2023 • 1 min read
Mixed picture on DB pension transfer activity amid volatile year

Pensions

Mixed picture on DB pension transfer activity amid volatile year

Transfer quotations hit lows in Q3 2022 but have recovered

clock 20 December 2022 • 2 min read
Updated: PM 'completely committed' to state pension triple lock

Pensions

Updated: PM 'completely committed' to state pension triple lock

Liz Truss backs commitment to state pension triple lock at PMQs

clock 19 October 2022 • 5 min read