Pensions

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State pension payments to rise to £12,150 a year in 2025 but triple lock ‘might not be sustainable’

Admin - July 4, 2024

The state pension could exceed £12,150 a year in 2025 in a boon for older Britons but experts are warning this type of increase...

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‘No surprise’ as 660,000 more state pensioners dragged into paying tax

Admin - June 29, 2024

Some 660,000 pensioners are being forced to pay income tax which experts claim is "no surprise" in light of policies put in place by...

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Pensioners face missing out on £11,000 boost in retirement savings under ‘volatile’ proposal

Admin - June 26, 2024

Pensioners are expected to lose up to £11,000 in retirement savings under a "volatile" policy proposal.The Labour Party has pledged to force pension funds...

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HMRC sending letters to 210,000 state pensioners who could be eligible for £5k after DWP ‘errors’

Admin - June 23, 2024

Some 210,000 pensioners across the country will receive letters in brown envelopes from HM Revenue and Customs (HMRC) informing them if they are entitled...

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DWP alert: State pension age change sees ‘rise’ in Britons claiming PIP and disability benefits

Admin - June 22, 2024

Increases to the state pension age have contributed to an uptake in Britons applying for working-age benefit payments from the Department for Work and...

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State pension payments forecast to hit £13,200 in ‘bumper’ triple lock boost

Admin - June 21, 2024

The state pension is forecast to hit £13,000 annually for millions of Britons by 2030 if the triple lock is maintained in its current...

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‘We want to retire at 57 and sail the world on a yacht – are our pensions big enough?’

Admin - June 16, 2024

They plan to sell their £600,000 home in north Wales to downsize,...

Bussiness

State pension warning as thousands of older Britons £4k worse-off under DWP Universal Credit rule

Admin - June 14, 2024

Thousands of state pensioners are at risk of being £4,000 worse-off under a Universal Credit rule imposed by the Department for Work and Pensions...

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None of Britain’s political leaders have dared to mention the elephant in the room

Admin - June 8, 2024

Critics have described public sector pensions as a “Ponzi Scheme”.Although there is...

Bussiness

State pension cost exposed: Britons need close to £300,000 in savings to match DWP retirement benefit

Admin - June 3, 2024

Britons need close to £300,000 in retirement savings to match the state pension, according to new analysis from Fidelity International.The investment company is shining...

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DWP benefit and pension payment dates for June 2024 – and big Universal Credit change

Admin - May 31, 2024

The Department for Work and Pensions (DWP) is set to hand out benefit and pension payments to millions of households across the country for...

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Britons face ‘relying on state support’ in retirement as auto-enrolment could see millions with £100k pension gap

Admin - May 30, 2024

Pension savers are warned they could be left "relying on state support in later life" due to shortfalls in other retirement income.Around 14 million...

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