Tag: pension
Pension experts urge Britons to act before HMRC rule change
Certain moves may trigger “unintended” tax consequences, making it vital people properly assess their financial situation before making any decisions. …
New DWP pension tool could help recover lost thousands
The Pensions Dashboard, currently in development, will give people a single place to view all their pension savings …
DWP pension: Thousands of over 80s could be missing out on extra cash
With 12.9 million pensioners relying on the State Pension for their daily needs, financial support for older citizens remains a hot topic …
Retirees warned of ‘big cost’ as pension withdrawals trigger massive tax bills
Nearly a third of over 55s lack confidence in pension withdrawal options, risking hefty tax bills. …
Thousands of over-65s can claim £4,200 with a few steps
The DWP has issued a warning to thousands of people who are missing out on financial support they’re entitled to and could claim ahead of reaching State Pension age …
Rachel Reeves forcing state pensioners into poverty with ‘cruel double whammy’
Thousands of retirees in the poorest areas of the country could see 85% of their state pension uplift eaten up by soaring council tax and energy bills. …
Pension savers urged to make vital check as could be owed £23,125 boost
Billions of pounds are currently laying dormant in “lost” pension pots. …
Workers earning over £10,000 urged to check for ‘hidden’ pay rise
Workers across the UK are being urged to take action to boost their savings. …
Pensioners hit with £7,550 warning as Hargreaves Lansdown issues urgent alert
Sales of annuities, which offer people to use their pension pots to buy an income for life, have skyrocketed by 24% in the last year. …
UK households urged to add £720 to pension every year with little-known rule
Financial experts say households can get up to £720 free in tax relief from the Treasury. …
