Pensions & Retirement Planning

Expert insights on UK pensions, state pension updates, retirement savings, tax reliefs, long-term care, and planning for a financially secure retirement.

What is Pension Tax Relief? - Zomi Wealth

What is Pension Tax Relief?

Pension tax relief is one of the most rewarding features of saving for retirement in the UK. It allows some of the money that would otherwise go to the government as tax to be redirected into your pension pot, effectively boosting your savings and reducing your tax burden. Here’s how

Pensioners Urged to Think Twice Before Accessing Pensions - Zomi Wealth

Pensioners Urged to Think Twice Before Accessing Pensions

Recent speculation over changes to the 25% tax-free pension lump sum has led to a flurry of withdrawal requests from worried pensioners. However, with no changes announced in October’s Budget, some retirees are now trying to reverse their decisions—a move that can be complex and potentially costly. The Rumors That