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State Pension

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Millions failing to put enough in pension for comfortable retirement, says IFS

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Fewer than half of UK private sector employees are putting enough money in their pensions to have a comfortable retirement, according to research, which...
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Spending cuts or £40bn tax rises needed every decade to break ‘debt spiral’, warns OBR

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David Miles, a member of the OBR’s executive committee, warned that Britain’s...
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Why Reeves’s claim pensioners will be £1,700 better off is far from the whole truth

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While this represents a 4pc increase, much of the rise is just...
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Seven million retirees to miss out on £460 state pension boost

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However, 7.2 million of these older retirees also draw money from an...
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Nearly 350,000 more pensioners hit by Labour’s ‘retirement tax’

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HM Revenue and Customs estimate that 8.5 million pensioners pay income tax,...
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Martin Lewis washing machine and kettle changes to help pensioners ‘survive’

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State pensioners are going to be at least £500 worse off this winter thanks to the £300 Winter Fuel Payments cut and the loss...
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State pensioners warned ‘unplug 6 devices’ before Winter Fuel Payment cut

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As energy bills continue to soar, we're all doing everything we can to try to keep our costs down and for state pensioners it's...
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Exactly how much is needed for a ‘basic’ UK retirement after pension pot rise

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The average pension pot required for a basic standard of living in retirement has surged by 60 percent, research shows.Analysis carried out by the...
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Pension savings needed to retire jumps amid cost of living crisis

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The average pension pot needed to meet basic needs in retirement has increased by 60% to nearly £110,000 amid the cost of living crisis.The...
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State pension: Retirees to see huge boost as payments could rise by £517 a year under triple lock

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Millions of pensioners could see their state pension payments rise by £517 a year next year.It comes after the Labour Government confirmed that it...
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State pension blow as triple lock hike downgraded by £11.50 a month

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Hopes that they would get a bumper £655 pay rise in April 2025 appear to have been dashed by new figures published today. Now...
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Pension warning as Labour’s retirement overhaul could be ‘disaster waiting to happen’

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The Labour Government could force businesses to make drastic changes in the years ahead as part of its wider pension system overhaul in a move...
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