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Pensions Savings Investments

Social investment

Individuals may make an eligible investment and deduct 30% of the cost of their investment from their income tax liability, either for the tax year in which the investment is made or the previous tax year.

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State pension age rise considered ahead of full review

The state pension age should rise to 68 by 2039, a government report has found.

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Third of adults not saving into a pension

46% of adults believe buying property is the best way of saving for retirement.

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Parents to use Lifetime ISA to support children

Many parents are preparing to utilise the Lifetime ISA as a tool to encourage their children to save.

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Making the most of the pension annual allowance

People carrying forward any unused pensions allowance from the 2013/14 tax year must do so before 6 April 2017.

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State pension top up open until April 2017

Individuals who want to top up their state pension income have until 5 April 2017 to make an application.

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Industry reaction to money purchase annual allowance consultation

Industry bodies have reacted to the proposed changes to the money purchase annual allowance.

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Over 50s opt for ISAs to boost savings

Savers over 50 are turning to ISAs to boost their savings income.

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Growth in pensioner income surpasses working households

Pensioner households have on average £20 more a week than working households.

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