Tag: pension
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. …
Pension and inheritance tax changes — what you can do to take action now
Pensions are about to get a whole lot more complicated, but there are steps you can take. …
2.3 million people could be missing out on £350,000 pension boost – can you claim?
Some pension savers may not be aware they are owed tax relief. …
State pensioners born in these years can get extra £666 in pension
Pensioners can increase their retirement income by as much as £666 with a little-known rule. …
