69 results for "Triple lock"

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

State pensioners are being informed that the expected £900 increase from the 'Triple Lock' policy is intended to balance the reduction in the £300 Winter Fuel Payment. This comes ahead...

A report claims that the new full state pension will increase by over £400 per year. According to the BBC, Treasury calculations show that the pension might be increased as...

Recently released figures show that the expected £655 pay rise in April 2025 is unlikely to happen. Instead, people can now expect £11.50 less per month than originally anticipated. Under...

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...

Following the Labour Party's victory in the general election on 4 July, millions of older people in the UK can expect the triple lock policy, which guarantees safe payments of...

Starting April 2025, state pension claimants could see a significant boost, with an increase of up to around £937, as Triple Lock's recent projections suggest. Final figures will be confirmed...

According to the most recent estimates, everyone receiving the State Pension will get an additional £605 each year through the Triple Lock scheme. State Pension Set for £605 Boost as...

The Conservatives are aiming to secure the support of older voters ahead of the next election by introducing a new ‘triple lock plus’ policy to boost pensioner incomes. The new...

Individuals born in these specific years are set to experience a 12-month delay in receiving their state pension due to policy changes. State Pension Changes May Affect Individuals Born in...

Singapore-based Triple-A, an approved cryptocurrency payment company, has announced an expansion of its services with the inclusion of PayPal's stablecoin, PYUSD, in its list of tokens available to its customers....

The UK continues to bide its time in the face of severe weather this week. Weather forecasters have warned of heavy rain, snow and strong winds across much of the...

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…

State pensions in the UK are expected to rise by up to £461 in April 2025, thanks to a 4% wage growth under the triple lock system.

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…

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…

The Department for Work and Pensions (DWP) is under increasing pressure to help disability benefit claimants access Winter Fuel Allowance (WFA) as a result of recent government cuts.

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

Just as the weather is getting colder in the UK, the Department for Work and Pensions (DWP) has restarted its Cold Weather Payment program to offer assistance to households at…

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

Pressure mounts on Chancellor Rachel Reeves to adjust State Pension, but experts warn of long-term economic risks and the potential depletion of pension funds.

State pensioners may miss out on a £400 increase in payments as uncertainty surrounds state pension adjustments for next year.

A recent legal challenge could see the Winter Fuel Payment reinstated for millions of pensioners after changes cut eligibility for many.

Pension credit applications have more than doubled since Labour’s controversial move to cut winter fuel payments for pensioners. Recent government data reveals that the surge could cost the Treasury an…

Serps, or the State Earnings-Related Pension Scheme, was introduced to help workers earn additional pension income. Although it was replaced in 2016, many pensioners still receive Serps as part of…

Under the triple lock, the full new state pension should increase by over £500 to £12,020 per year starting  April 2025. However, this amount is still far below  what is required...

Over 12million retirees are expected to see their income rise by 4.5% starting April 2025. They were previously hoping to get 5.7%, however, those hopes have rapidly been crushed as...

Thousands of pensioners who lost access to the Winter Fuel Payment due to a previous overhaul may now be eligible to receive it again. Winter Fuel Payment Eligibility May Impact...

After the Winter Fuel Payment was abolished, British Pensioners who receive the state pension have become more concerned about getting the most from the Department for Work and Pensions. This...

A warning has been issued to State Pension-age individuals as the income gap between the poorest pensioners and those on average incomes widens. According to the Institute for Fiscal Studies...

The research shows that by 2026 million pensioners could suffer from so-called “retirement tax” on their state pension. Labour will hold the current tax threshold at £12,570 up to 2027-28....

A recent survey conducted by Just Group, which is a specialist in the later life, on 1,050 retired and semi-retired individuals has revealed that there is a significant lack of...

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...

Sir Keir Starmer led Labour Party has swept to victory, had a clear majority to form the next government. Starmer speaking on the ability in the just accomplished electoral stated...

According to Office for National Statistics (ONS) the UK inflation rate for May fell to its lowest point in almost three years. The Consumer Price Index (CPI) dropped to 2.0%...

Reaching State pension age does not automatically initiate payments; pensioners must actively apply for their pension. Indeed, some people prefer to defer payment of their pension while continuing to work....

Elderly people (Pensioners) in the UK are getting ready for a possible big tax hit if Labour wins the next vote. But even if the Conservatives stay in control, retired...

Under the Triple Lock program, around 9.7 million pensioners receiving the Basic State Pension could see their weekly benefits increase by up to £40 per month. If the Conservatives and...

People born in certain years are set to see a significant increase in their state pension from the Department of Work and Pensions (DWP), amounting to more than £600 a year. ...

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."...

The Labour Party has reversed its decision to bring back the Lifetime Allowance on pensions, a measure originally estimated to generate £800 million in tax revenue. This reversal led to...

Rishi Sunak asserted that under a Labour government, state pensioners would be taxed ‘for the first time in history’ during Tuesday night's televised election debate. Sunak made his remarks based...

Under a new Tory Party plan, state pensioners will notice an extra £100 in their bank accounts, and that's "just the start." State Pensioners Set to Receive £100 Boost Under...

British state pensioners could see a significant increase of £600 a month in their payments under a new policy proposal. A financial expert has suggested that the incoming government could...

On Monday, UK Prime Minister Rishi Sunak announced a tax cut plan for millions of pensioners, thereby raising the importance of the elderly electorate in the forthcoming elections in July....

Hope is on the horizon for state pensioners as experts predict a significant increase in state pensions. With expectations soaring above £1,000 per month, proposed reforms could bring much-needed relief...

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...

An online petition with over 59,500 signatures has been started to demand a weekly State Pension payout of around £550 to bring it into compliance with the National Living Wage....

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...

Prime Minister Rishi Sunak has informed MPs that he “understands the strong feelings” in Parliament over the lack of response to the recently published final report by the Parliamentary and...