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Pensions, savings and investments

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.

New tax-free savings limits for the over-50s

Savers aged over 50 now have the chance to invest more in tax-free ISA savings accounts.

Employers given more time to prepare for pension reforms

The government’s pension scheme for lower income employees is not to be introduced fully until 2016, a year later than originally planned.

Ruling goes against retirement age legal challenge

Employers will still have the right – for now – to ask employees to retire at the age of 65 following a judgement in the High Court.

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