HMRC warns over 55% tax on early pension access
HMRC warns UK households that accessing pensions early, even for 'trivial sums' over £30,000, is tax avoidance. You could face a 55% charge. Read the official advice now.
HMRC warns UK households that accessing pensions early, even for 'trivial sums' over £30,000, is tax avoidance. You could face a 55% charge. Read the official advice now.
The UK state pension age is set to increase from 66 to 67 between 2026-2028. Learn how this affects retirement plans and why further rises are being considered.
Millions of UK families miss out on a 25% pension top-up during parental leave. Experts urge action to close the 'Parenthood Pension Gap'. Check your eligibility now.
State pensioners aged 80+ receive a 25p weekly 'age addition', unchanged since 1971. Critics call it 'insulting' as its value has plummeted. Discover the future of this payment.
The DWP warns around two million state pensioners with incomes over £35,000 must repay a £200 Winter Fuel Payment. Nine million pensioners are eligible for the support this winter.
An Australian with a means-tested pension urges the DWP to adopt the model. Times specialist says the unpopular idea persists because it addresses fiscal pressures.
The DWP confirms earlier State Pension payments over the festive period. Some pensioners could receive £705 next Wednesday. Check if you're affected.
The UK state pension age is set to increase from 66 to 67 starting in 2026. Find out exactly when you can claim and how to plan for the changes.
The DWP announces a significant £865 annual increase for couples on State Pension from April 2026. Discover the new rates and what it means for your income.
Labour's new rule means pensioners with only state income won't pay tax from 2027, but critics warn of unfairness for those who saved. Discover the full impact.
Thousands of former coal industry staff see pensions rise by 41% as a £2.3bn government reserve is handed over. Find out who qualifies and why.
Thousands of ex-miners to receive a £100 weekly pension increase and a £5,500 average lump sum just before Christmas. The move follows the release of a £2.3bn government reserve fund. Read the full story.
A 70-year-old's pension transfer was blocked for months due to a minor HMRC listing error. Discover how bureaucratic mistakes can impact your retirement savings.
Thousands of UK state pensioners face surprise £800 tax bills from HMRC, despite government promises to shield them from tax as the Triple Lock rises. Read the full story.
Chancellor Rachel Reeves announces a 4.8% rise in state pensions. Those on the new state pension will receive an extra £575 annually. Find out if you're affected.
Chancellor Rachel Reeves extends tax threshold freeze to 2031, dragging more pensioners into tax. Experts warn of unfairness and hardship for those on low incomes. Read the full analysis.
Thousands of retirees relying on state pension top-ups are being sent tax demands of around £800, falling outside Labour's new exemption. Discover the impact of frozen thresholds.
Thousands of UK state pensioners will receive an early £921 payment next week due to the Christmas holidays. Find out if you are affected and what the new weekly rate will be.
The DWP faces calls to clarify tax rules as the Triple Lock pushes state pensions near the tax threshold. Chancellor Rachel Reeves has pledged retirees won't be taxed on this income. Read the full analysis.
Pension savers initiating transfers in December face a 24-day wait, with funds not moving until January. Experts warn of 'real frustration' and call for urgent industry reforms.
The full new state pension will rise to £241.30 a week in April 2026, a yearly increase of £574.60. Find out if you qualify and how much you'll receive.
The UK state pension age will start rising from 2026, impacting millions. Find out the exact dates you can claim under the new rules and how it affects your retirement plans.
Over 12 million UK pensioners will gain up to £575 each as the DWP confirms a 4.8% state pension rise from April 2026. Learn about the Pension Credit increases and new tax rules.
Retirees are being asked to pay thousands to boost their state pension, even after decades of National Insurance payments. Experts explain the 'contracted out' rules and if a refund is possible.
Millions of UK state pensioners could see their income rise by over £600 a year by deferring claims and stopping National Insurance payments after age 66. Learn how to claim.
Pensioners aged 80+ receiving a low basic State Pension may qualify for a monthly top-up of up to £422.80 from the DWP. Check your eligibility now.
Pensioners on the old basic state pension will see a £440 annual rise from April 2026, while those on the new system get £575. Find out if you're eligible and how the triple lock works.
Pensioners born before 1951 will see a £440 annual increase from April 2026 under the triple lock. Discover how the two-tier system affects payments and the future of the policy.
Major changes to the UK state pension age will start in 2026, affecting millions. Find out if you'll have to work longer and how to plan your finances.
Millions of UK pensioners will see their state pension rise by £575 next year due to the triple lock. Find out how this above-inflation increase affects you and the debate it sparks.