Archive

April 2015

How much do you need to save into your Pension?21st April 2015

The transition to the new flat-rate state pension from next April is complicated, but in principle the question is simple. How much do you need to save to have the retirement income you need?

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Tax hit on pension withdrawals2nd April 2015

Just days before the pension rules changed on 6th April, HMRC confirmed that people withdrawing sums above their 25% tax-free cash entitlement would pay emergency tax rates unless they provided a P45 form to their pension provider - which the vast majority of people won't be able to do

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