Tag: Triple lock
Thousands more state pensioners facing ‘unexpected’ HMRC bill in the next nine months
The annual state pension increase could be pushing pensioners into HMRC’s remit …
‘Two-tier’ state pension explained as people born before these dates get £2,700 less
The majority of retirees are still on the basic state pension system, potentially getting £2,700 less than others every year. …
450,000 will never get a state pension triple lock hike – make sure you’re not one
The triple lock does good work in protecting the value of the UK state pension, but for around 450,000 British pensioners, it doesn’t work at all. …
Everyone born in these years set for £634 boost from DWP state pension rule
Everyone born in these years is in line for another £634 from the Department for Work and Pensions thanks to state pension rules. …
Concerns Labour ‘could reconsider’ DWP triple lock state pensions due to Iran war
Families have been urged to build up their savings as international instability could affect the UK economy …
Pensioners could get £971 each month after upcoming change
Under the Triple Lock measure, State Pensions rise each year in line with whichever is the highest of average annual earnings. …
Labour urged ‘means-test state pension’ to tackle inequality
One think tank is advising the government to also scrap the triple lock mechanism. …
State pensioners handed £470 boost after three changes hit bank accounts
New payment rates mean pensioners now benefit from extra cash in their bank account. …
British expats living in ‘wrong’ countries ‘could miss £70k in state pension’
If your state pension remains at the current £230.25 a week, thereby missing out on increases over the next 20 years, this is a potential loss of £70,000. …
Millions of pensioners face harsh tax blow in 2025 after ‘freeze’
The Personal Allowance is set to remain frozen until 2028. …
