2 d. ago DWP provides extra weekly State Pension payment to older people in specific age group

There are also more than 700,000 older people eligible for a State Pension top-up of £4,300 annual income top-up.

Economics

3 d. ago Pension savers underestimate cost of a comfortable retirement by £410,000

Figures suggest Britons radically underestimate how much money they will need in pension income each year to enjoy a comfortable retirement.

Economics

7 d. ago DWP state pension warning as thousands missing out on £25,000 worth of payments

Pensioners who have moved abroad have seen their state pension payments remain at the same rate they were when they left, as they are not entitled to an uplift - even though they are British nationals

Events

7 d. ago Pension boost 'worth £1,000' for millions of UK workers as DWP gives update on major reforms

The average worker will see an increase in their retirement savings of around £1,000 and be able to track down their pension savings more easily thanks to the reforms

Economics

8 d. ago New pension changes to help people keep retirement savings worth £1,000 or less in one pot

The DWP said the new pensions Bill is about securing better value for savers.

Economics

1 week ago Major update on call for State Pension to be increased to £427 a week

More than 10,100 people have signed an online petition urging the UK Government to increase the New State Pension from £11,973 a year to £22,000

Economics

1 week ago I've had a big pay rise to £125,000 should I salary sacrifice as much as possible into my pension?

My promotion and pay increase fall almost entirely into the 60% tax trap and I am worried that the government will change salary sacrifice and I'll lose out.

Economics

1 week ago Over 700,000 pensioners urged to claim DWP income boost ahead of Winter Fuel Payment changes

An additional 58,000 households are now receiving Pension Credit payments.

Economics

1 week ago EU country paying highest pension and it's £8,000 more than the UK

Dreaming of retiring already? A stunning country just a couple of hours from the UK has one of the highest paying pensions in Europe - but there are several big catches

Economics

2 w. ago Will megafunds really put an extra £6,000 in the average pension?

Some experts are sceptical about the touted benefits to workers from the UK government’s proposed shake-upAmid all the jargon of the latest announcement on pensions, one number will have leapt out: the claim that the average worker will gain £6,000 in their retirement fund as a result.The figure comes from the government’s final report of its Pensions Investment Review published on Thursday. It lays out plans to shake up defined contribution pensions, the funds that invest workers’ regular payments in stocks, shares and other assets to grow the money. These provide workers with an income on retirement based on the value of their stake; the size of this income will depend on how much they have paid in and how well the investments have performed. Continue reading...

Economics

2 w. ago Millions of workers could get £6,000 pension boost under huge rule change

New reforms in the Pension Schemes Bill have been detailed, including proposals for at least £25billion in assets to operate at megafund level within the next five years

Economics

2 w. ago Workers could see £6,000 boost to pension pots under Government plans

Chancellor Rachel Reeves said: ‘We’re making pensions work for Britain.’

Economics

2 w. ago This incredible pension perk faces the chop in Rachel Reeves' latest stealth raid. Here's what you need to do NOW to boost your pot by thousands... before it's too late

The old adage 'if it's too good to be true, it probably is' almost always applies when it comes to money matters. But there is one exception.

Events

2 w. ago £303 annual State Pension payment boost for older people with grandchildren

Older people could boost their State Pension by more than £6,000 over a typical 20-year retirement.

Economics

2 w. ago New calls to end frozen State Pension policy for over 100,000 Brits living in Canada

Campaigners are urging Prime Minister Carney to raise the issue of State Pension uprating at the state opening of the Canadian Parliament.

Events

2 w. ago The Birmingham Four: terrorist masterminds – or victims of a police fit

In August 2017, four men were jailed for life at the Old Bailey for plotting a terrorist attack. They were caught in an undercover police sting, and their defence lawyers insist their case continues to raise troubling and pressing questions ...On Friday 26 August 2016, Naweed Ali drove to his first day of work at a delivery company in Birmingham. His next door neighbour and close friend Khobaib Hussain had already been working at Hero Couriers for a month. The name seemed appropriate. There was something heroic about the work they did. Ali and Hussain were hired to drive around the country reuniting airline passengers with lost property. The pay was great, too – £100 a shift, cash in hand. It seemed too good to be true.So it proved. Hero Couriers was a front for Operation Pesage, an undercover police operation. Continue reading...

Events

3 w. ago DWP mistake sees over 12,000 Brits receive £8,300 state pension payout

HMRC has been writing to thousands of older Brits over the last few years after confirming a major administration error had occurred, which caused thousands to have lower state pension payments than they should've

Economics

3 w. ago Thousands owed more than £8,000 in state pension payment after HMRC error

A historic oversight has led to thousands of people being owed large sums of money

Economics

3 w. ago Brits working from home could boost pension pot by £236,000, new data claims

Standard Life found that working from home for three days a week reduces the cost of commuting by as much as £2,000 a year on average - a saving that could be put to good use in a pension

Economics

3 w. ago More than one million pensioners now pay higher rate income tax as frozen thresholds continue to bite

Some 904,000 people state pension age or older are paying 40% income tax while 124,000 pay 45%, according to a freedom of information request.

Economics