State Pension

State pension payments to rise to £12,150 a year in 2025 but triple lock ‘might not be sustainable’

State pension payments to rise to £12,150 a year in 2025 but triple lock ‘might not be sustainable’

Business
Robert Johnson

The state pension could exceed £12,150 a year in 2025 in a boon for older Britons but experts are warning this type ...

State pension age change sees ‘rise’ in Britons claiming PIP and disability benefits

State pension age change sees ‘rise’ in Britons claiming PIP and disability benefits

Business
Robert Johnson

Increases to the state pension age have contributed to an uptake in Britons applying for working-age benefit payments from the Department for ...

State pension warning as thousands of older Britons £4k worse-off under DWP Universal Credit rule

State pension warning as thousands of older Britons £4k worse-off under DWP Universal Credit rule

Business
Robert Johnson

Thousands of state pensioners are at risk of being £4,000 worse-off under a Universal Credit rule imposed by the Department for Work ...

Britons need close to £300,000 in savings to match DWP retirement benefit

Britons need close to £300,000 in savings to match DWP retirement benefit

Business
Robert Johnson

Britons need close to £300,000 in retirement savings to match the state pension, according to new analysis from Fidelity International. The investment ...

DWP benefit and pension payment dates for June 2024

DWP benefit and pension payment dates for June 2024

Business
Robert Johnson

The Department for Work and Pensions (DWP) is set to hand out benefit and pension payments to millions of households across the ...

How to leave the UK – and keep your finances in order

How to leave the UK – and keep your finances in order

Business
Robert Johnson

Faced with a perfect storm of rising taxes and falling living standards, many more people are looking to up sticks and head ...

State pension triple lock could be reformed with ‘simple’ change to make increase fairer | Personal Finance | Finance

State pension triple lock could be reformed with ‘simple’ change to make increase fairer | Personal Finance | Finance

Business
Robert Johnson

An investment expert has put forward a “simple reform” that could make the triple lock system fairer. The question of the long-term ...

Pension triple lock to cost taxpayers an extra £10bn a year by 2034

Pension triple lock to cost taxpayers an extra £10bn a year by 2034

Business
Robert Johnson

The triple lock will cost households around £10bn extra a year by 2034, prompting warnings that taxpayers will be forced to work ...

Pension warning as ‘unavoidable necessity’ sees Britons miss out on £38,000 savings boost

Pension warning as ‘unavoidable necessity’ sees Britons miss out on £38,000 savings boost

Business
Robert Johnson

An “unavoidable pension necessity” could see Britons boost their retirement savings by up to £38,000 but the majority of people are missing ...

State pension hits £11,500 tomorrow – yet millions face £2,700 shortfall | Personal Finance | Finance

State pension hits £11,500 tomorrow – yet millions face £2,700 shortfall | Personal Finance | Finance

Business
Robert Johnson

This will lift the new state pension to £11,501 for those who get the maximum amount, but millions get thousands of pounds ...