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Pensioners forced to 'gamble' on size of tax-free allowance

Savers who have already cashed in some of their pension tax free are at risk of being hit by five-figure bills if they fall foul of “hugely complex” new legislation, experts have warned. ....

United Kingdom , Andrew Tully , Nucleus Financial , Finance Bill , Tax Office , Pension Experts , Tax Free Cash , Pension Benefits , Pension Savings , Tax Legislation , Lifetime Allowance , Tax Free , Pension Schemes ,

'I've been charged for my £10,000 pension withdrawal – should it be tax-free?'

Dear Becky, ....

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Exactly how to beat Labour's pension raid

It was less than a year ago that Chancellor Jeremy Hunt scrapped the £1m cap on how much people can save into their pension tax-free. But a general election looms, and as Labour storm ahead in the polls it may not be long until this generous tax break is reversed. ....

Daniel Hough , Jeremy Hunt , Jon Greer , Brewin Dolphin , Keir Starmer , Chancellor Jeremy Hunt , Sir Keir Starmer , Telegraph Money , Defined Contribution Pension , Ashing Ina Pension , Tax Free Cash , Daniel Hough , Jeremy Hunt ,

Pension loophole to allow savers to take £500,000 – without paying a penny in tax

Savers may be able to double the amount they can take tax-free from pensions because of a loophole created under incoming rule changes, experts have said. ....

United Kingdom , Rachel Vahey , Jon Greer , Ireland Staff Pensions Fund , Finance Bill , Cash Savers , Tax Free Cash , Finance Bill , Transfer Allowance ,

Over 55s expect to spend a third of their pension Tax Free Cash within six months of withdrawal

Over 55s expect to spend a third of their pension Tax Free Cash within six months of withdrawal
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