Tag: pension
DWP urged to increase state pension to £28,000 a year for over-60s
The Department for Work and Pensions has been urged to increase the state pension to the level of the National Living Wage for 48 hours a week …
Millions of Brits missing out on £90bn in ‘dormant’ savings and pensions
An astonishing £90bn lies unclaimed across over 30m UK pensions, savings accounts, insurance policies, and investments – you could be reunited with the funds …
Urgent warning over poverty pensions after Chancellor pushes back reforms
The warning follows a decision by the Chancellor, Rachel Reeves, to push back a review and reforms of workplace pensions …
HMRC £130 warning to State Pensioners – new rates explained
The New and Basic State Pensions are set to increase by 4.1% from April next year, while additional elements will see a rise of 1.7% …
Government issues update over free bus pass for State Pensioners
The UK Government has moved to clarify the future of the concessionary bus pass scheme after it was reported that it was considering scrapping it …
HMRC blocks U-turn by workers who grabbed tax-free lump sums in budget panic
Savers claim they took their lump sum withdrawal decision on the basis of guidance that they had a 30-day cooling-off period …
Brits could end up paying up to £21k more tax in 2025 – 5 ways you can slash your bill
If you plan on buying a house next year, and/or stand to inherit some money, you could end up paying an estimated £21,071 extra in tax. …
DWP issue state pension Triple Lock update amid ‘fears it will be replaced’
The DWP issued an update on the future of the Triple Lock for state pensioners. …
Pension expert explains how to turn £400 into £32,970 retirement savings
Contributing a small amount can see savers benefit “hugely”, an expert has said. …
DWP Friday update on Winter Fuel Payment and Triple Lock as £300 paid to pensioners
The DWP issued an update on the state of the Winter Fuel Payment and the future of the Triple Lock on Friday. …
