Six pension changes happening in 2025 that you need to be aware of

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Key changes to pensions are set to take effect from 2025, and they're likely to impact you even if retirement isn't on your immediate horizon.

The state pension is due for an increase in April, but this could result in some pensioners paying tax on their retirement funds for the first time.

There's also a crucial deadline approaching for checking whether you've made sufficient National Insurance contributions, or risk receiving a reduced state pension upon retirement.

On a positive note, the first companies will begin linking to the pensions dashboard, potentially providing millions with increased support for their retirement savings.

Read more on manchestereveningnews.co.uk
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