Podchaser Logo
Home
Pension Freedoms and Flee Funds

Pension Freedoms and Flee Funds

Released Saturday, 20th April 2024
Good episode? Give it some love!
Pension Freedoms and Flee Funds

Pension Freedoms and Flee Funds

Pension Freedoms and Flee Funds

Pension Freedoms and Flee Funds

Saturday, 20th April 2024
Good episode? Give it some love!
Rate Episode

This week marks 10 years since a landmark shift in the way we could all use our pensions. Back in the Spring of 2014 the then Chancellor George Osborne announced plans for new freedoms, allowing people over the age of 55 to take 25 per cent of their pension tax-free and use the rest as they wished. What impact did that have?

Hundreds of survivors of economic and physical domestic abuse have been helped by a new scheme set up by one of the UK's biggest banks. TSB's "Flee Fund" was launched just over a year ago to offer financial help to people trying to escape abusive partners. Dan Whitworth reports from Preston.

There was a rare U-turn from HMRC this week. On Tuesday it announced it was planning to close its self-assessment phone helpline for six months of every year. The tax authority said it wanted people to use a chatbot and access its online services instead. Then, just over 24 hours later, HMRC changed its mind and halted those plans. It says its "listened to the feedback and is halting the helpline changes as it recognises more needs to be done to ensure all taxpayers’ needs are met, whilst also encouraging them to transition to online services.” What does that mean?

Presenter: Felicity HannahReporters: Dan Whitworth and Jo KrasnerResearchers: Luke Smithurst, Eimear Devlin and Sandra Hardial.

(First broadcast 12pm Saturday 23rd March 2024)

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features