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Pensions, savings and investments

Older taxpayers often paying the wrong amounts

Well over one million pensioners have overpaid their tax, official figures have revealed.

Put retirement age up to 70, argue employers

A leading employers’ group, the Institute of Directors (IoD), has called for a radical overhaul and simplification of the pensions system.

Proposed EU rules could hit pension funds

A draft directive drawn up by the EU could curtail the range of investments available to pension fund managers, it has been claimed.

Inheritance tax payments see significant fall

The decline in house prices has had a dramatic impact on the level of inheritance tax that is being paid.

More funds going into workplace pension schemes

Both employers and employees have stepped up their level of investment in defined contribution pension schemes over the past two years.

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