26 Million State Pensioners Face Crisis if Government Scraps Triple Lock Friday, November 21, 2025 pensions statepension retirement triplelock savings government budget chancellor webb under-saving A looming crisis threatens 26 million state pensioners as the government considers scrapping the decades-old state pension triple lock. Sir Steve Webb, former Pensions Minister and current partner at pension consultants LCP, … Read More
State Pensioners Could Face an Astonishing 87% Tax Bill Under New HMRC Rules Thursday, November 20, 2025 pensions taxation inheritance estateplanning pensionfreedoms hmrc iht residenceallowance retirement wealthmanagement From April 2027, some state pensioners may find themselves hit with an inheritance tax bill as high as 87% on their pension savings. This stark change is due to the Labour government’s intention to close a tax loophole … Read More
State Pension Triple Lock May Be Replaced to Prioritise Younger Generations, Say Experts Wednesday, November 19, 2025 pensions triplelock youth pensioners publicfinances taxation intergenerational budget socialpolicy government State pensioners could face changes to the long-standing Triple Lock system, with experts urging a shift in focus to support younger generations. The Intergenerational Foundation has outlined three potential reforms to the … Read More
HMRC Targets Low Earners with £992 Stealth Tax Increase Amid Personal Allowance Freeze Tuesday, November 18, 2025 hmrc tax personalallowance savings inflation incometax lowincome finance stealthtax pensions HM Revenue & Customs (HMRC) is poised to send letters to UK households demanding an additional £992 in taxes, delivering a harsh blow to low-income families. This unexpected burden stems from a little-known tax change … Read More
HMRC Income Tax Hike Could Cost Workers Up to £250 Annually Sunday, November 16, 2025 income-tax hmrc autumn-budget rachel-reeves taxation salary-sacrifice pensions personal-finance national-insurance uk-economy Labour Party Chancellor Rachel Reeves is considering a rise in income tax in the forthcoming Autumn Budget, a move that could see many workers facing increased tax bills of several hundred pounds. Despite assurances to … Read More
UK Households Advised to Gift Money to Children Before HMRC Pension Tax Changes Sunday, November 16, 2025 inheritance gifts pensions taxation hmrc wealth families financialplanning taxfree estates As the UK government prepares to include pensions in the inheritance tax (IHT) net starting in 2027, families are seeking effective ways to protect their assets. One strategy gaining attention is gifting money to children or … Read More