The 2015 Budget heralded the most radical changes to private pensions in a generation. But the tax treatment of lump-sum withdrawals means that many people are paying too much under bizarre pension tax rules. Steven Turnbull investigates. This relatively new found freedom and choice in pensions means that you no longer have to purchase an...

Would you believe that ‘The Bank of Mum and Dad’ lent more than £5.3bn to home buyers last year, making it the UK’s tenth largest lender. Mike Ellis delves a little deeper. With low or no interest rates, personal service and long or infinite repayment periods, it’s little wonder that the ‘Bank of Mum and...

Looking at the options available to you and the areas that you should focus on when selecting a workplace pension scheme for automatic enrolment. By Jim Petrie, DipPFS, JRW Financial Services Workplace Pensions is a government initiative to increase private retirement savings. Auto enrolment affects every employer in the UK, even if you only employ...

The biggest change to have happened to workplace pensions in generations. By Alan Simpson, Associate, JRW Chartered Accountants The UK Government estimates that more than seven million people are not saving enough for their retirement or not even saving for their retirement at all. Because we are all living longer and living longer in retirement...