Tag: pension
Rachel Reeves deals another blow to pensioners with £2.7k in extra bills
The cost of living a comfortable retirement has shot up in the last four years, new research has discovered. …
Rachel Reeves’ death tax raid on pension pots could raise more than predicted
Across the country, pensioners are pulling money out of their retirement pots earlier than planned – not to pass on to their children, but to spend. …
Pensioners face blow as banks prepare to slash rates paid on savings
People have reported eye-watering losses for their pension pots in recent days. …
Millions of State Pensioners to pay tax after freeze
The UK Government has pledged to maintain the Triple Lock, however, many will instead be thrown into paying more tax due to allowance freezes still in place …
Huge pension change set to boost income for older people
The DWP is reported to be looking at changing rules to make savers in a pension that went bust have their payments rise in line with inflation. …
The DWP and HMRC benefits and allowances not going up from April 6
Some benefits and allowances won’t increase from April 6 as rates will remain frozen. …
Pension Credit change today hands state pensioners up to £1,645
Pension Credit change will see pensioners up to £1,645 better off from April …
‘I’m a pensions expert – 10 things you should consider before accessing your pot’
Thanks to the Pension Freedoms legislation, Britons now have more choices in managing their retirement income, but there are important tax rules to consider. …
Expert tells pensioners ‘act now’ to land ‘thousands of pounds’ before deadline
They have issued advice to older people so they can make the most of the oppotunity …
Pensioners squeezed by cost rises ‘continue to miss out on extra income’, expert warns
Retirees could be sitting on the poverty line due to a mistake which is easily rectified …
