UK Pension News
Follow our blog for the latest UK pensions news, analysis and pension updates. All our articles are tailored to UK expats living in the USA. You can also follow us on LinkedIn for comments, tips, news and updates.
22 December, 2017
No Changes to UK Pensions Announced in Autumn Budget
Dubbed the quietest budget for UK pensions in many years, to the relief of many in the pensions industry, the UK Chancellor announced no changes to UK pension’s legislation in the Autumn Budget on 22 November 2017. In the lead-up to the Autumn Statement, commentators had speculated whether the Chancellor would announce a lowering and/or […]
20 October, 2017
UK Inflation at Five Year High
Recently released data from the Bank of England puts UK inflation at a 5 year high of 3.0% in September 2017. With ongoing uncertainty around Brexit negotiations continuing to make headlines in the UK press, the main contributors to inflation growth include the price of food and recreational goods. This rise in inflation may spur […]
21 July, 2017
Lifetime Allowance to Rise by CPI in April 2018
It was confirmed today by HM Treasury that the UK’s lifetime allowance will increase by the consumer prices index from April 2018. The lifetime allowance is the amount of savings you can take from all of your combined UK occupational and personal pension schemes without facing a UK tax charge (which applies irrespective of the […]
28 June, 2017
UK Government Agrees to Keep State Pension Triple Lock
It was announced on 26 June 2017 that as part of the agreement reached between the Conservatives and the Democratic Unionist Party (DUP) that the state pension Triple Lock will now remain in place. The two parties reached an agreement which sees Theresa May stay on as prime minister in a minority government after failing […]
6 June, 2017
UK Snap Election Called, What Could it Mean for Your UK Pension?
On 18 April 2017, Prime Minister Theresa May called a snap election to be held on 8 June 2017. The call came as a surprise, as the Prime Minister had said she would not call an early election when she became Prime Minister less than a year ago. However, May is seeking a personal mandate […]
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