State pension disaster as 250,000 older Britons stuck in poverty since retirement age raised
An estimated 250,000 older Britons have fallen into poverty since increases to the state pension age were implemented…
People born at the turn of the century to retire at the age of 71 | News
According to a forecast by the Ministry of Social Affairs, people born around the turn of the century…
Rachel Reeves’s pension changes ‘a mockery’ as politicians fail to lead by example
The Parliamentary Contributory Pension Fund holds less than 3 per cent of its equity investments in British shares,…
UK Government responds to calls to ‘double’ tax threshold for pensioners
A Government update has been issued after a petition was raised calling for the tax threshold for pensioners…
Pension alert as savers could be owed £3,800 tax refund on average from HMRC
HMRC has paid out £48.7 million in refunds for overpaid tax on pension withdrawals between April and June,…
Millions of savers to receive targeted support as experts hail ‘significant step’
Pension providers will be able to offer direct recommendations to savers for the first time under a major…
Rachel Reeves announces ‘welcome news’ to tax on state pension amid ‘growing gap’ fears
The Chancellor has announced some ‘welcome news’ amid concerns that people on the state pension will have to…
State Pension age set to rise next April for people born in specific years
The State Pension age will increase from 66 to 67 between 2026 and 2028. The State Pension age…
Pension drawdowns surge as retirees rush to withdraw funds at record rates
A record number of Britons are turning to pension drawdown to manage their retirement savings, with new figures…
Pension tax crisis as Rachel Reeves ‘rule change’ to slap Britons with 40% inheritance bill
A large proportion of UK financial advisers have expressed alarm over forthcoming changes that will bring pension pots…
Banks to offer targeted investment support after ‘game changing’ new rules
New measures allow banks and financial firms to to provide investment and pension recommendations from April, based on…
I’m a bestselling murder novelist with a £50,000 pension
Gareth Rubin, bestselling author and new official ‘Sherlock Holmes’ novelist, has an interesting case for why pensions are…