People who move jobs and migrated have unwittingly amassed billons in forgotten pensions. Britain is heading for a ‘lost pensions’ crisis with an increasingly mobile workforce predicated to create a £757bn trail
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The lifetime limit on tax-free pensions savings is abolished as announced in UK Budget on the 15 March 2023. The lifetime allowance charge was removed from 6 April 2023 and will be abolished altogether from April 2024.
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Did you know that you can increase and maximise your current entitlement to a UK State pension by making additional voluntary National Insurance contributions, even if you are not a UK national?
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Pension Wise is a service from MoneyHelper, backed by the UK government. MoneyHelper was established to help you make better money and pension choices explaining what you need to do and how you can do it.
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