Friday, November 22, 2024
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Pensions

Rachel Reeves plans massive pension change as retirees set for £11k boost

Chancellor Rachel Reeves will tomorrow meet leading figures from the world of finance to discuss how pension funds worth £800 billion can be used...

Labour launch ‘better deal for pensioners’ as older households set to claim extra £11k in savings

The Labour Party has promised to offer a "better deal for our future pensioners" with older households set to claim an extra £11,000 in...

Pension credit fraudster ordered to repay £36,000 in benefits

A pensioner has been ordered to repay more than £36,000 in benefits after fraudulently claiming pension credit, housing benefit and Council Tax reduction over...

How ‘Ponzi scheme’ public sector pensions threaten to bankrupt Britain

NHS pensions currently cost taxpayers the equivalent of 82pc of salaries, more...

Labour to overhaul pension system with Britons in line for £11,000 retirement savings boost

The UK's pension system is set to be overhauled under the new Labour Government in radical changes unveiled in today's King Speech.King Charles confirmed...

The ‘true cost of retirement’ revealed as only 38% of pension savers on track for a moderate income

New research has revealed the true cost of retirement and has suggested that just 38 per cent of savers are on track to have...

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

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...

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

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...

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

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...

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

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...

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

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...

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

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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