Tag: pensions
Pensions jargon exposed
Do you know your income from your elbow? If you don’t, you’re not alone. Retirement jargon can be seriously daunting for anyone trying to get to grips with their options both before and after retirement. Here, we’ll reveal some of the most common pension terms you may encounter. Index Annual allowance Annuity Automatic enrollment PakarPBN…
Read MoreInheritance taxes and pensions: what changes in 2027
Pensions have long been seen as one of the most tax-efficient ways to pass wealth on to loved ones, but from next year unused pension funds will fall within the scope of inheritance tax (IHT), potentially reducing the amount families receive when someone dies. Although the tax-free lump sum and pension tax relief have both…
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