Prospect's pensions officers blog about the issues that exercise their minds.
If you live in Scotland you will be a Scottish taxpayer and pay Scottish Income Tax (your tax code should start with an ‘S’ to reflect this).
A major trend in pensions in 2017 was for tens of thousands of members of defined benefit pension schemes to trade in their benefits for a large cash lump sum.
A previous blog covered the potential impact of Brexit on the pensions of Prospect members who move between the UK and the rest of the EU during their careers or after they retire.
The pension tax relief system is very complicated (complicated enough to generate more previous pension blogs than any other issue!).
It’s time to start caring about your pension. You might think that this is not the time to start planning for retirement, but let me outline why it’s important for you, as a young professional, to be enrolled in your workplace pension scheme and engaged with your pension savings.