THE government has announced a huge shake-up to pension schemes that aims to add over £11,000 extra to a typical retirement pot.
In the King’s Speech today, it was confirmed the government will introduce a new Pension Schemes Bill which will aim to improve outcomes for savers in retirement.
Prime minister Keir Starmer has annoucned a raft of pensions reformsThe Bill will include a raft of new measures to help over 15 million savers to get better outcomes from their pension savings...