Pensions

The Pensions Minister is in favour of using self-employed people's tax returns to deduct pension savings in a move intended to help millions save for their retirement, MoneySavingExpert.com can reveal.

A proposed ban on "cowboy" cold-callers who telephone households to target savers' pension pots will be extended to include emails and texts.

Thousands of grandparents who have given up work to help look after their grandchildren could be missing out on a state pension boost worth £1,000s over the course of their retirement, new research has revealed. But you can act now to protect your pension.

The state pension is to rise by 2.5% with retirees set to receive up to £200 a year extra next year.

Annuity providers will have to tell savers if they can get a better deal from another provider and how to get it, under proposed new rules outlined by the financial regulator.

Older savers who carry on putting money in a pension after withdrawing cash from it face new curbs on the sums they can invest.

The Government is to axe 'salary sacrifice' tax perks on a range of employee benefits such as health screening checks, company cars and mobile contracts from 5 April. But if you're already on one of these schemes or join one by 4 April, you may be able to keep the tax benefits for up to four years.

A ban on "cowboy" cold-callers who target savers' pension pots will be proposed by the Government this week – though the ban won't initially cover texts and emails.

A parliamentary petition calling for an end to cold callers selling pensions and investments has been backed by almost 3,000 people so far - and MoneySavingExpert.com founder Martin Lewis has urged as many people to sign it as possible.