Changes to taxation of pension inheritance

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This week, we have a guest blog from Daniela Silcock, Senior Policy Researcher at the Pensions Policy Institute

The Chancellor announced at the Conservative Party conference that changes would be made to the way that Defined Contribution (DC), (money-purchase) pension savings left as inheritance would be taxed.

The current tax rules on DC pension savings are part of a set of tax rules designed to encourage people to use their DC savings to purchase a secure retirement income. However, much of the tax structure supporting this policy is being dismantled as a result of the announcement in Budget 2014 that from April 2015 people will be able to freely access DC pension savings from age 55. Continue reading

Health and care: What matters most to older people?

Older people chattingThis week, we have a guest blog from Laura Stuart, Frailty Programme Manager at UCLPartners, a world-leading centre for research, healthcare and education.

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Barker Commission ‘lights the blue touch paper’ over paying for better health and care

Older woman with carerYesterday the Barker Commission published its report on the future of the NHS and social care. Established by the Kings Fund, the Commission was led by Dame Kate Barker, a renowned economist.

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‘Housing in Later Life’ – one size fits all won’t work

HousesThe launch of  a new Age UK report, ‘Housing in Later Life’, coincides with several important policy developments which are likely to impact on the housing options open to all older people, both now and in the future.

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