299 results for "New state pension"

State Pensions are set to rise by 4.1% in April 2025, thanks to the Triple Lock. Full New State Pension recipients will see weekly payments increase, with annual boosts of…

This week, millions of pensioners await crucial CPI figures to determine their State Pension increases for 2025/26, which may significantly impact their finances.

According to the Department for Work and Pensions' latest figures, approximately 12.7 million senior citizens nationwide currently receive a regular financial income from the State Pension.  This payment is accessible...

According to the latest statistics from the Department for Work and Pensions (DWP), State Pension currently provides regular financial help for 12.7 million seniors across the country, including more than...

According to new estimates from the Office for National Statistics (ONS), UK inflation fell to its lowest level in nearly three years in April as energy prices fell further. Consumer...

UK pensioners could receive extra payments and energy bill help this winter, but recent changes to eligibility may leave many without support.

New evidence indicates that a new group of state pensioners appear to have errors on their state pension and could claim up to £12,400 worth of back payments.

According to the latest figures issued the Office for National Statistics (ONS) on Tuesday, average regular earnings growth decreased by to 4.5% (with bonuses) in the three months leading to June. This...

Starting from October 21, 2024, a new disability benefit will be introduced in Scotland to replace the Attendance Allowance for people over State Pension age. The benefit will first become...

The Department for Work and Pensions (DWP) is set to provide state pensioners with two benefit payments this winter, estimated at £175 following the cut of the £300 Winter Fuel...

Over 221,000 individuals from across the UK have signed an online petition initiated by Age UK, calling on Chancellor Rachel Reeves to overturn the decision that requires means testing for...

The State Pension currently provides a regular income for almost 12.7 million seniors across Great Britain, including more than 1.1M residing in Scotland. The payment is managed by the Department for...

People on the New State Pension will get up to £221.20 each week during the current fiscal year, however, standard payments are usually made every four weeks — around £884.80...

According to the latest figures from the Department for Work and Pensions (DWP), the total number of people receiving additional financial support through Attendance Allowance almost hit 1.6 million by...

More than one million Scottish residents over the State Pension age will be able to receive two new devolved benefits beginning before the end of the year. Scottish Government Introduces...

One of the largest unions in the country, Unite, is advocating for the reduction of the state pension age to 65 years old to guarantee "a respectable retirement for everyone."...

People over State Pension age who live in five Scottish local councils will be the first in the country to be eligible for a new disability payment beginning in October. Introduction...

An emerging online petition advocates for equitable treatment, urging all individuals over retirement age to receive the updated State Pension weekly rate of £221.20, highlighting the disparity faced by those...

Inheritance tax (IHT) reforms announced in the Budget are set to reshape the financial landscape for thousands of UK homeowners and pensioners. By freezing tax-free thresholds and including pensions in…

The DWP’s newly announced benefit rates for 2025 will bring increases across key payments, including the State Pension, Universal Credit, and Carer’s Allowance, offering relief to millions. While these adjustments…

The rising cost of living has made achieving even a basic retirement standard increasingly challenging for state pensioners. With the cost of a “comfortable” retirement now requiring £43,100 annually for…

The government is preparing to deliver an update on compensation for WASPI women, who were affected by changes to the state pension age. Following a damning report by the Parliamentary…

Struggling with rising bills? A new £250 cost-of-living payment is set to bring relief to thousands of UK households. Here’s how the scheme works and who stands to benefit.

Reaching State Pension age opens the door to a wide variety of financial benefits designed to ease the burden of living costs in retirement. Yet many retirees remain unaware of…

Millions of pensioners are set to lose out on Winter Fuel Payments, but a surprising £3,900 boost could be within reach for those who act now. With new eligibility rules…

The UK government’s latest update on Personal Independence Payment (PIP) reforms could mark a significant shift in disability benefits. While aimed at modernisation, the suggestion to replace cash payments with…

State pensioners in the UK may finally see their Winter Fuel Payment rise to meet soaring energy costs. Advocates argue that without increased support, millions could face a harsh winter…

Following Chancellor Rachel Reeves‘ speech announcing plans for massive 'Megafunds' to stimulate growth in the UK, questions are being asked: could this ambitious pension reform jeopardise retirement savings?

This winter, UK pensioners could receive a boosted Winter Fuel Payment, with some seeing up to £100 extra. Under new eligibility guidelines, pensioners born before specific years and claiming certain…

Nearly 80,000 older DLA recipients in Scotland are set to transition to a new benefit system next year, promising smoother support and continuity under Social Security Scotland’s care.

Savers could face a "triple tax" on their pensions due to ongoing government changes, raising concerns among retirees and financial experts. The removal of the lifetime allowance limit in April…

From April 2025, people in the UK with certain health conditions may be able to get Attendance Allowance to help with the cost of care. This benefit is for those…

The Department for Work and Pensions (DWP) will automatically pay millions of state pensioners and recipients of specific benefits this December. This payment is called the Christmas Bonus.

The State Pension increase in April could leave millions of pensioners may find themselves approaching or exceeding the income tax threshold.

Households are advised to consider their pension plans in detail before the 2027 Inheritance Tax adjustments come into force.

Eligibility for the Winter Fuel Payments has changed, affecting millions of state pensioners, meanwhile Banks are offering free money to customers who switch accounts before the winter fuel eligibility shift.

The Department for Work and Pensions (DWP) is urgently reminding state pensioners to claim Pension Credit to potentially increase their state pension.

The government's plan to end the universal winter heating payment means major consequences for pensioners across the UK.

For eligible state pensioners, the new Labour Party government has implemented a £200 “replacement” raise. This program is a component of a larger commitment by local governments, like North Lincolnshire…

How does contracting out your additional state pension affect your retirement benefits, and what should you look out for?

Pensioners with limited income might be eligible for the DWP Pension Credit, which can boost their Pension with Extra Benefits—check if you qualify.

State pensioners face income problems even after a threefold increase, as the loss of the winter heating allowance offsets the gains.

Because of a strict DWP rule, thousands of state pensioners may miss out on a crucial benefit that could help them qualify for the winter fuel payment.

People have been informed that they may have to repay £300 if they fail to meet one of three requirements. This comes after changes were made to the winter fuel…

As part of a significant transition to Universal Credit, the Department for Work and Pensions (DWP) is gradually eliminating some out-of-date benefits; however, this will not impact all welfare payments.

State pensioners will soon get letters from the DWP confirming their eligibility for the Winter Fuel Payment.

State pensioners born before certain years may qualify for a yearly boost of £2,991 due to a change in the state pension system.

State pensioners are being warned by HMRC that they could be hit with a £665 tax bill, which includes those who have lost Winter Fuel Payments.  

Labour's budget plans may significantly impact retirees, from cuts to winter fuel payments to potential pension reforms including means-testing, inheritance tax changes, and stricter pension access rules.

HMRC may notify hundreds of thousands of older women that their state pension entitlement has been affected by missing Home Responsibilities Protection (HRP) periods in their National Insurance records.