A new survey has found that the elderly are almost twice as better off as they were in 1995 with some experts stating that the “grey pound” is keeping the UK economy going.
Raeside Chisholm Solicitors Blog
An investigation by the Telegraph has revealed that the vast majority of pension schemes are failing to offer the freedoms promised by the government.
British expats living in Australia or New Zealand could face a substantial charge as a result of 55pc due to the pension freedoms that were introduced from April 6.
HMRC’s call centre was backlogged with calls over concerns over the tax charges following pension reforms.
An investigation has been launched after it was claimed by a national newspaper that firms are selling data about people's salaries, investment values and pension size for as little as 5p without their knowledge.