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‘I’m a finance expert – it’s not too late to start a SIPP at this surprising age’

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Tag: state pension

Finance

Major state pension age update as it could increase to 80

  • By Robertson
  • August 5, 2025

The Office for Budget Responsibility said in a new report that rising life expectancy and the triple lock could push the cost of state pension up. …

Tagged National Insurance, National Insurance contributions, rising life expectancy, state pension, State Pension age, unsustainable pension system
Finance

Carers reaching state pension age told full benefit might stop

  • By Robertson
  • August 5, 2025

Carer’s Allowance could be stopped for those reaching 66 under Department of Work and Pensions rule …

Tagged Carer's Allowance, Pension Credit, state pension, Underlying Entitlement
Finance

State pensioners can get extra £6,000 from DWP and it’s not means tested

  • By Robertson
  • August 4, 2025

State pensioners can get £6,000 from the DWP whatever money they may have. …

Tagged attendance allowance, DWP, ITV, ITV1, ITVX, Martin Lewis, state pension, state pensioners, The Martin Lewis Money Show Live
Finance

State pensioners already paying HMRC tax on state pension due to little-known ‘97 rule’

  • By Robertson
  • August 3, 2025

EXCLUSIVE: State pensioners will have to start paying tax soon, say reports. But many already do – even if they have no other income – due to the ’97 rule’. …

Tagged contracted-out pension scheme, HMRC, pension, pre-1997 rule, state pension, state pension tax, Triple lock
Finance

‘State pension is about more than money and I’m living proof of it’

  • By Robertson
  • August 3, 2025

Siobhan Daniels has shared her joy of becoming an OAP. She thinks the state pension is important in more ways than one, and she’s living proof of it. …

Tagged DWP, money, OAP, pension, pensioners, state pension, State Pension age
Finance

State Pension 2026 age rule affecting payments for people with these birthdays

  • By Robertson
  • August 3, 2025

A looming age rule will affect when people will receive State Pension payments from the DWP. …

Tagged 2026-2028 phasing, Department for Work and Pensions, DWP, Pensions Act 2014, retirement, retirement age, state pension, State pension age increase
Finance

Major State Pension change for men and women born after 1977

  • By Robertson
  • August 3, 2025

The DWP has launched an early review of the retirement age in the UK. …

Tagged Department for Work and Pensions, DWP, retirement, retirement age, retirement age review, state pension, State pension age increase, undersaving for retirement.
Finance

DWP urged to ditch pension triple lock and look into 1 ‘simple’ solution

  • By Robertson
  • August 3, 2025

‘The triple lock has become one of the thorniest questions in politics’. …

Tagged Labour Government, labour news, public finances, Rachel Reeves, Rachel Reeves latest, Rachel Reeves news, state pension, Triple lock
Finance

People with these dates of birth hit with pension age rise in 2026

  • By Robertson
  • August 3, 2025

The state pension age could increase further, but the next rise is less than a year away, and people born in these birth dates are set to miss out in 2026. …

Tagged benefits, Birth date impact, DWP, Government review, pension, Pensions Act 2014, state pension, State pension age increase
Finance

UK households handed up to £2,550 with 4 benefits and freebies in August

  • By Robertson
  • August 3, 2025

Households can get as much as £2,550 from four benefits available in August. …

Tagged Child Benefit, Household Support FUnd, state pension, universal credit

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