🎉Happy new year!🎉
Kick off 2025/26 with everything you need to know about pensions tax.
While this year’s changes are minimal, larger reforms are expected in 2027 to pensions and inheritance tax.
https://t.co/JRsNL8arjt
One interesting stat which jumped out to me on private pensions: 95% of the 12.7 million people receiving a private pension in 2023/24 were receiving a DB pension or an annuity. That's even though nearly half of new pensions are DC or a lump sum.
With the help of my colleagues we've published a new briefing giving an overview of pensions in the UK, including key data on the new and old state pension and private (occupational and personal) pensions.
https://t.co/NOFOr8R6ie
MPs will debate the Employment Rights Bill today.
The bill would:
- Give people on zero hours contracts more rights
- Restrict fire and rehire practices
- Extend some existing rights to day one of employment
and more.
Get the facts with our new research: https://t.co/F4RJVRX9cx
On Monday the Royal Mail opened the UK's first collective defined contribution pension scheme.
Yesterday the government began consulting on allowing multi-employer CDC schemes to be set up.
We've updated our CDC briefing with the latest developments
https://t.co/9foofsvYvZ
There's been a lot of talk about pensions tax recently. Our new briefing summarises how pensions tax works today Pensions tax - House of Commons Library (https://t.co/g3eBmXCRoy)
Research in brief is now available in British Sign Language!
Discover our publication for the 2024 Parliament, designed to help MPs get the facts on key topics and policy areas.
Available to everyone online and in BSL: https://t.co/p416A5bKmQ
How can people find funding for their businesses, schools and charities?
The Library can help. Our quick read explainer covers where to look for funding, alternatives to grants and links to our pages on specific funding areas. Read now: https://t.co/3gylwYRIbK
Did you know we answer over 17,000 research requests each year?
This helps MPs get reliable information for their parliamentary duties and to support their constituents.
We also publish over 30 briefings a week, available to everyone on our website: https://t.co/Paxs3scno5
🚨 New election research 🚨
We've just published our full results and analysis of the 2024 general election.
Explore candidate and constituency-level vote data, maps, vote shares and marginality, characteristics of elected MPs, and more: https://t.co/qYvoVTJbsv
We’re introducing a #PensionSchemesBill - and it's going to help support our mission to kickstart economic growth and improve retirement outcomes for future pensioners
#KingsSpeech
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It would also change the definition of terminal illness used by the Pension Protection Fund and Financial Assistance Scheme. A private members Bill on this was introduced in the last Parliament https://t.co/g3eBmXCRoy
The King's speech has announced a Pension Schemes Bill. It aims to:
- Consolidate small pension pots
- Ensure schemes are delivering value for money
- Requiring schemes to offer retirement products
- Introducing legislation for superfunds
- Reforming the Pensions Ombudsman