State Pensioners’ Winter Fuel Payment May Rise to £370 – Will It Be Enough?
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…
Savers at Risk of Facing ‘Triple Tax’ on Pensions, Raising Concerns About Future Retirement Savings
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…
State Pension Rate Rises Could Lead to Millions of Pensioners Falling Into the 20% Tax Trap
The State Pension increase in April could leave millions of pensioners may find themselves approaching or exceeding the income tax threshold.
Pensioners Urged to Claim £20,300 in DWP Benefits Amid Cost of Living Crisis
The Department for Work and Pensions (DWP) is urging state pensioners to think about financial support as the cost of living crisis weighs on households across the UK.
Pensioners Affected by Winter Fuel Payment Changes Prompt Union’s Legal Challenge
The government's plan to end the universal winter heating payment means major consequences for pensioners across the UK.
Martin Lewis Urges 43-73-Year-Olds to Boost Their Pension by Up to £80,000—Act Now
Martin Lewis issues an urgent six-month warning, revealing a lucrative opportunity for millions nearing retirement to secure a significant pension boost.
New Group of People Could be Entitled to Up to £12,400 in State Pension Back Payments
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.
£100,000 Lump Sum Cap Leaves Pensioners Facing Mortgage Crisis
Pensioners face uncertainty as the government considers cutting the tax-free withdrawal limit from £268,750 to £100,000.
State Pensioners Born Before Specific Years to Receive £2,991 Increase
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 Alerted to £665 Tax Bill by HMRC
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.
Money Expert Martin Lewis Urges State Pensioners to Claim an £11,600 Handout by Making One Simple Phone Call
Martin Lewis is advising state pensioners that they can get £11,600 handouts by making a single phone call.
Major Pension Scheme Changes Could Increase Retirement Savings for Millions
A new type of pension scheme could help millions boost their retirement savings. The Government is looking to expand Collective Defined Contribution pensions (CDC).
Martin Lewis Gives State Pension Warning for Anyone Born Between 1951 and 1984
Finance expert Martin Lewis has issued an important warning to state pensioners born after 1951 about a helpful strategy to potentially secure a staggering amount of cash.
State Pension Age Hike Delays Retirement for Many Born Before this Date
Peoples' retirement plans are being impacted by the changes brought to the state pension age. Many are forced to stay in work to be able to secure a comfortable retirement.
£16 Billion Tax Cut on Pension Contributions Could Shrink Retirement Savings
A potential £16 billion tax increase on pension contributions could significantly reduce pension savings. Sir Steve Webb suggested this could occur if employers are required to pay National Insurance on…
State Pensioners Born in These Years Will Receive an Additional £100 in Their Winter Fuel Payment
State pensioners born in these specific years will notice their Winter Fuel Payment increase by £100 if they qualify for the payment.
Update on Calls to Extend Winter Fuel Payments to All Over State Pension Age
New rules cut Winter Fuel Payments for many pensioners, with Pension Credit promoted as a replacement, but some will still miss out.
Martin Lewis Issues Urgent State Pension Alert for Those Born Before 1979
Martin Lewis is encouraging individuals to check to see whether they can increase their state pension by up to £74,000. This however only applies if they are of the appropriate age. Deadline…
State Pension to Increase by £460 in April, But Older Pensioners Will See £107 Less
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…
State Pensioners to Receive DWP Payments Unlinked to NI Contributions
The Department for Work and Pensions provides an advantageous program for state pensioners, in addition to top-up payments. The DWP has confirmed that older individuals in a specific age bracket will…
State Pension Set for £400 Increase Following Triple Lock Win
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…
DWP Offers State Pensioners Over £3,000 in September Benefits and Discounts
This September, state pensioners could receive a cash boost, with households that include a member on the state pension possibly qualified to receive freebies and discounts worth up to £3,262.…
How a Simple Pension Contributions Change Could Secure an Extra £217,000 for Your Retirement
Increasing workplace pension contributions for both employees and employers could significantly enhance retirement savings, potentially adding £217,000 to an individual’s pension pot, according to new research. Raising Pension Contributions Could…
DWP Issues Urgent Pension Warning to Millions
Labour’s plan to review pensions in order to save money has raised concerns about the potential impact on households and their pension pots, leading to media reports of a “pension…
Labour Considers Raising State Pension Age to 71 Due to Affordability Concerns
The newly elected Labour Government plans to raise the state pension age 71 as concerns over the retirement benefit’s affordability arise. State Pension Age Could Rise to 71 as Labour Consider Changes…
Basic State Pension to Be Cut by £2,800 Annually Due to April Reform, Sparking Concerns
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…
Millions Affected as Triple Lock Pension Increase Cut by £11.50 a Month
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…
State Pensioners to Receive Up to £925 Monthly Under New Triple Lock Reform
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…
Older People Eligible for Up to £2,000 Back Payments Per Year on State Pension
According to Sir Steve Webb, a former LIb Dem pensions minister, new evidence indicates that mistakes are still being made when it comes to State Pension payment claims. State Pension…
State Pension Blocked for 12 Months for People Born in These Years
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…
Pensioners Could Secure Winter Fuel Payment with £9,665 Income Boost
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…
Complete List of Benefits and Payments Exclusive to Those Over State Pension Age
Almost 12.7 million people across the UK have now reached State Pension age; this number includes over 1.1 million residing in Scotland. Most retirees consider contribution-based benefits as their main…
WASPI Women Could Be Due £45,604 Payment from State Pension Loophole
Women who qualify for state pensions could be due a major windfall thanks to a little-known gap in the system which can result in backdated payments of up to £45,604. The…