Pensions triple lock scrapped for millions of Brits
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Inflation has shot up to a staggering 3.2 percent in annual terms, an all-time high since inflation data was first recorded in 1997. As the triple lock will be temporarily suspended next year, the value of state pension will rise by either 2.5 percent, or the rate of inflation – whichever is higher.
interactive investor- Pay no SIPP fee for 6 months
The SIPP costs £10 a month*, plus a £9.99 service plan fee. Unlike other pensions, your fees don’t grow with your pension value. You’re covered for multiple accounts – why not add a Stocks & Shares ISA for free? It’s free to join, and free to leave
Legal & General- Receive up to 20% tax relief on your contributions
Invest in a SIPP from £100 or more. Choose from a range of ready-made funds, each with a different level of risk that may suit your needs, receive up to 20% tax relief on your contributions as a basic-rate UK taxpayer, benefit from an easy-to-use online account.
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