Tag: pension
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
All the DWP benefits you will not be able to claim at pension age
The DWP has issued the latest figures revealing that the State Pension is now providing crucial financial support to 13 million people across Great Britain …
DWP says many pensioners could be missing out on £700 a year
The Department for Work and Pensions has published figures showing that one in 10 Pension Credit claimants are missing out on their share of around £100 million …
DWP alert over Pension Credit payments for older people going on holiday
The Department for Work and Pensions has issued guidance for older people who are currently claiming Pension Credit and plan to go on holiday this summer …
Rachel Reeves’s cash ISA plan ‘will see savers flock to popular tax shelter’
Fears over the future of the cash ISA and its generous allowance will encourage savers to stash their tax-free savings elsewhere, an expert has claimed. …
DWP underpaid some state pensioners by nearly £6,000 each last year – are you affected?
The government has released an update showing that state pensioners were underpaid by almost half a billion pounds in 2024/25 …
Calls to ‘remedy ‘ Winter Fuel Payment changes for millions
The campaign is calling for the Government to restore the annual Winter Fuel Payment for all pensioners on the Basic State Pension …
Pension savers could be missing out on £76,000 as government does nothing
Experts warn that ministers are dragging their feet on changes to the automatic enrolment rules …
Pension savers warned of ‘nasty shock’ if they fail to take ‘important’ step
Nearly half of pension savers who do this are on track for a “moderate” retirement. …
The £1 pension trick that could save you thousands
Taking advantage of a £1 pension trick could help you dodge overpaying on your tax bill. …
