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All news on the topic: Pensions

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’Heartless’ multinationals taking advantage of pensions loophole for UK workers
Hewlett Packard, American Express and Pfizer among firms to have frozen increases in payouts despite inflation
549
Winter fuel cut to push 50,000 into poverty next year
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the winter fuel allowance, the government’s own estimates have revealed.
478
New DWP state pension error could cost you £40,000 in retirement if not fixed now
Former pensions minister Sir Steve Webb has been contacted by four people who had not been awarded any inherited state pension when they retired when they should have been
635
DWP error means thousands of people born in these years are owed substantial amounts
The Department for Work and Pensions (DWP) has revealed that thousands of Brits are missing out on an average of £7,293 each due to a state pension error - and some could be owed even more
793
Marriage tax allowance warning as thousands missing out due to loophole
If you're married, you might be overlooking potential financial benefits. Experts advise checking to see if you're among the many who could be entitled to money.
673
Martin Lewis warns Brits facing 'annoying cliff £1 edge' in tax system
Martin Lewis was joined by tax experts Kari Mellon and Rebecca Benneyworth who explained how a tiny amount of extra money could people paying a lot more tax
1345
Martin Lewis criticises Labour tax raid stance as questions unanswered
Martin Lewis spoke to Labour's shadow work and pensions secretary, Liz Kendall, ahead of the general election as the personal finance expert probed the party's plans for pensions
812
Man shares how he boosted his retirement funds by £130k - and how you could too
It is believed that there are around three million pension pots worth £26.6billion that are classed as "lost" or "forgotten" in the UK and going forward, pension experts warn that this figure could rise even further
1088
The 'hidden' pension charges costing Brits £37k in retirement - how to avoid
SAVERS could end up thousands of pounds worse off in retirement due to rip-off pension charges.Brits who have worked multiple jobs over their career l
702
Phoenix Group announces potential sale of its SunLife financial services arm
SunLife, which became part of Phoenix following a £375million acquisition in 2016, was reported to have contributed a pre-tax profit of £16million in 2023
838
Grandparents looking after kids this summer risk missing out on £6,000
Most people need 35 qualifying National Insurance years - some will need more - to claim the full new state pension, which is where claiming Specified Adult Childcare Credits could come in useful
1331
Warning for grandparents looking after kids who could miss out on £6,000
GRANDPARENTS helping out with childcare this summer are missing out on a whopping £6,000 - here is how to find out if you can claim.It is not u
1140
Pension warning as 'hidden costs' could be cutting savings by around £37,000
Research from the digital wealth manager, Moneyfarm, found that around one in two Brits were not aware of the annual fees they were paying on their savings to their pension provider
836
Martin Lewis expert warns of ‘crucial’ deadline for pension credit
Brits looking to pay in for the state pension or pension credit rates need to be wary of one deadline many often forget
1294
Universal Credit claimants could get £3,246 boost they may not of
If you're a parent claiming benefits, there are five ways of getting payments to help with costs
1267
'Here's what Labour super-majorities have done for us'
Social security, gay rights, abortion, divorce, civil partnerships, the abolition of capital punishment... the list of what a massive Labour majority can achieve means it's something only the Tories are frightened of
998
Furious residents living in 'slum' flats crippled by 'giant service charge'
Jonathan Sheldrake said his service charge for his one-bed flat in Heritage Plaza, Swindon, Wiltshire, has risen from £1,069 in 2017 to an eye-watering £2,120 in 2024
1520
How our ex-MPs will be earning a lot of money after the election
There is plenty of demand for former politicians
813
Sunak resorts to flogging tickets for strippers in last-ditch election cash grab
Go inside the Tory summer party - where wealthy donors paid tens of thousands for privileged access to senior ministers - including Rishi Sunak himself - in a desperate bid to bolster the party's election coffers
991
200,000 urged to look out for letters this month as they could be owed £1,000s
THOUSANDS of households are being urged to look out for letters showing they are owed potentially £1,000s.The correspondence is being sent to around
1288
MoD accused of letting nuclear veterans 'go to their graves' without justice
The MoD faces being hauled to court to explain why officials have ignored legal moves by the forgotten heroes of the Cold War
886
Warning for savers over pension mistake that could leave them £30k worse off
SAVERS are being warned over a pension mistake that could cost them £30,000 or more in retirement - including giving up free cash.Experts are urging
1004
Man on stag-do locked up in Vietnam for a month as family pleads for answers
James Ryan's family filed a missing persons report on May 20 and, after not hearing any updates for 10 days, were notified by the British embassy that their son was detained pending investigation
1265
Woman claimed dead in-law's pension for 30 years as husband pretended to be him
Margaret Bergin, 73, from Ireland, claimed more than £227,000 from her dead father-in-law's pension over nearly 30 years with the fraud only found as aged 110 he would have been the oldest man in the country
731
Little-known State Pension loophole that could help millions of pensioners
A LITTLE-known State Pension loophole could help millions of pensioners.The benefit is usually paid into bank accounts every four weeks and is worth u