Older people on lower incomes are being ignored

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Incomes and Inequality

To triple lock or not to triple lock (the state pension). Who has a secret tax bombshell ready for hard working families? It’s not just the rows that are being repeated in what feels something like an election on autopilot, it’s also the groups of voters that the parties are focusing on: pensioners and the … Continued

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Own a LISA? First impressions of the Lifetime ISA

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Housing, Wealth and Debt

In the build-up to the Budget, the Chancellor backed away from significant changes to the pension tax system for now, despite the strong case for some reform. This was a relief for some and a disappointment for others. But given that he had aimed to save money, it’s a surprise that he’s nonetheless introduced a … Continued

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Nice try, but no cigar: the Chancellor and pension tax relief

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Housing, Wealth and Debt

We’ve known for some time that George Osborne wants to make radical changes to how the UK’s tax system encourages people to save for their pension. Yet we’ve now learnt that his preferred change is not going to happen. Here’s why he was right to agitate for reform (even if not for the particular change he … Continued

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Retirement trends in the UK

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We aren’t saving enough for retirement. This was one of the findings presented in Resolution Foundation’s recent audit of low to middle income households, Squeezed Britain, which showed that a massive 69 per cent of low to middle income households do not have a pension. Across all income groups the proportion failing to save for a … Continued

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