{"id":924,"date":"2015-06-10T15:08:38","date_gmt":"2015-06-10T15:08:38","guid":{"rendered":"http:\/\/www.fpgonline.co.uk\/?p=924"},"modified":"2023-09-19T11:31:05","modified_gmt":"2023-09-19T11:31:05","slug":"poorer","status":"publish","type":"post","link":"https:\/\/www.fpgonline.co.uk\/index.php\/poorer\/","title":{"rendered":"Chancellor accused of leaving pensioners \u2018poorer than ever\u2019"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The front page lead story in today\u2019s Daily Express carries a warning from one of Britain\u2019s biggest pension firms that funds set aside for retirement by millions of people are being targeted by the treasury.<\/p>\n<p>The report claims that \u2013 \u201cUK pensioners are already handing more than 30 per cent of their income to the taxman &#8211; effectively propping up the UK&#8217;s economy.\u201d It goes on to say that, \u201cThe figure is an eye-watering \u00a347.26billion per year collectively, or \u00a36,500 from each retired household.\u201d<\/p>\n<p>By April 2019 the Treasury expects pensioners will be contributing an extra \u00a33billion to the Exchequer, taking the total tax take from those aged 65-plus to almost \u00a351billion. However, hundreds of millions of pounds of tax is paid needlessly because peoples\u2019 personal affairs are not organised efficiently.<\/p>\n<p>Financial Planning does not stop just because you have retired. Arranging your savings and investments across the most tax efficient vehicles available to you each year is essential.<\/p>\n<p>By doing so you are able to continue to build tax free savings and when required, provide as much tax free income as you can. Financial Planning makes use of your ISA allowances, pension allowances, maximises your personal allowance and can reduce income and capital gains tax.<\/p>\n<p>As Chartered Financial Planners we work with our clients in an ongoing relationship, to make sure that tax is never paid, needlessly.<\/p>\n<p><strong>If you would like to speak to us about your own financial situation or retirement planning concerns, please call us on 0800 731 7614 or by e-mail at\u00a0<a href=\"mailto:enquiries@fpgonline.co.uk\">enquiries@fpgonline.co.uk<\/a>\u00a0and we\u2019d be delighted to help.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"http:\/\/www.express.co.uk\/news\/uk\/583379\/Pension-retirement-money\" target=\"_blank\" rel=\"noopener\">You can read the full Daily Express article here\u00a0<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The front page lead story in today\u2019s Daily Express carries a warning from one of Britain\u2019s biggest pension firms that funds set aside for retirement by millions of people are being targeted by the treasury. The report claims that \u2013 \u201cUK pensioners are already handing more than 30 per cent of their income to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-924","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chancellor accused of leaving pensioners \u2018poorer than ever\u2019 - The Financial Planning Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fpgonline.co.uk\/index.php\/poorer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chancellor accused of leaving pensioners \u2018poorer than ever\u2019 - The Financial Planning Group\" \/>\n<meta property=\"og:description\" content=\"&nbsp; The front page lead story in today\u2019s Daily Express carries a warning from one of Britain\u2019s biggest pension firms that funds set aside for retirement by millions of people are being targeted by the treasury. The report claims that \u2013 \u201cUK pensioners are already handing more than 30 per cent of their income to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fpgonline.co.uk\/index.php\/poorer\/\" \/>\n<meta property=\"og:site_name\" content=\"The Financial Planning Group\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-10T15:08:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-19T11:31:05+00:00\" \/>\n<meta name=\"author\" content=\"fpgonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"fpgonline\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fpgonline.co.uk\\\/index.php\\\/poorer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fpgonline.co.uk\\\/index.php\\\/poorer\\\/\"},\"author\":{\"name\":\"fpgonline\",\"@id\":\"https:\\\/\\\/www.fpgonline.co.uk\\\/#\\\/schema\\\/person\\\/ca7cc77e66f7465100af51d9355d408c\"},\"headline\":\"Chancellor accused of leaving pensioners \u2018poorer than ever\u2019\",\"datePublished\":\"2015-06-10T15:08:38+00:00\",\"dateModified\":\"2023-09-19T11:31:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fpgonline.co.uk\\\/index.php\\\/poorer\\\/\"},\"wordCount\":283,\"commentCount\":0,\"articleSection\":[\"Latest News &amp; 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