Pensioners warned over lump sum withdrawal rules
A saver with £1.7m across three pots has been told they cannot take their full tax-free lump sum from just one pension. Experts explain the complex rules and 'permitted maximum' limits.
Category : Search result: defined benefit scheme
Thousands lose HMRC child benefit in wrongful crackdown
Shocking figures reveal 63% of families targeted in HMRC's child benefit fraud investigation were legitimate. Read the full story and its impact.
DWP warns 16 million over £4,700 pension shortfall
A stark DWP warning reveals 16 million workers with defined contribution pensions could lose £4,700. New rules demand transparency on scheme performance.
Pension Shake-Up: Traffic Light System to Boost Savings
New UK pension rules will force schemes to publish clear performance data using a traffic light rating system, potentially boosting retirement savings by £4,700. Find out how this affects you.
DWP Begins Process to End Two-Child Benefit Cap
The DWP will formally introduce a Bill to lift the two-child benefit cap on Thursday, January 8. Work and Pensions Secretary Pat McFadden calls it a £3bn investment in children's futures.
35,000 households hit by HMRC child benefit tax charge
Frozen tax thresholds will pull 35,000 more families into the High Income Child Benefit Charge by 2028, costing them £1,355 annually. Discover how to navigate the HMRC rules.
Child Benefit tax trap to hit 35,000 more families
A tax threshold freeze will see 35,000 more families paying the High Income Child Benefit Charge by 2029, experts warn. Learn how this HMRC rule could affect your household budget.
Arthritis sufferers may claim £441 a month benefit
Millions of older people with arthritis could be missing out on up to £441.40 per month in Attendance Allowance. This non-means-tested benefit helps with daily living costs. Check your eligibility now.
Claim £3,148 Child Benefit if you earn under £80k
HMRC urges UK households where a parent earns under £80,000 to claim Child Benefit, worth up to £3,148 annually. Claim online for cash and vital National Insurance credits.
Housing Benefit Frozen While Other DWP Payments Rise
Local Housing Allowance rates are frozen until 2026, creating an average £2,214 annual shortfall for renters. Discover the impact of this DWP policy.
Universal Credit 2026: Rates and Changes Confirmed
Chancellor Rachel Reeves announces a 6.2% above-inflation rise to Universal Credit for 2026, alongside the scrapping of the two-child benefit cap. Find out how the changes will affect claimants.
DWP announces major pension change for 256,000
The Labour government is changing pre-1997 pension indexation rules, boosting payments for over 250,000 defined benefit scheme members. Find out if you're affected.
DWP can now access bank accounts to seize cash
New DWP powers allow direct access to bank accounts to recover benefit overpayments and fraud. The law change aims to save £1.5bn. Find out what it means.
Pensioners lose £150k despite 13-year fight
Thousands of pensioners, including Maurice Alphandary, face lifetime losses up to £200k as Labour's PPF inflation increase won't start until 2027. Read their fight for justice.
HMRC to Pay 'Thousands' for Tax Fraud Tips
UK households could receive huge payouts for reporting high-value tax fraud to HMRC. Learn how the Strengthened Reward Scheme works and if you qualify.
DWP Warning: Benefit Payments to Stop for Thousands
The DWP has issued a critical warning to benefit claimants about upcoming payment suspensions in May. Find out if you're affected and what you need to do now to avoid losing your income.
DWP's 17 Universal Credit Changes You Must Report
The DWP warns Universal Credit claimants to report 17 key life changes immediately or risk overpayments and legal action. Stay compliant and avoid penalties.
HMRC rule change benefits 100,000 families
Over 100,000 UK families will no longer need to file a self-assessment tax return to pay the High Income Child Benefit Charge. The new HMRC system collects it via PAYE. Find out if you're affected.
DWP rule change boosts benefits to £32,480 a year
A major DWP policy shift sees benefits rise for families. A Leicestershire mum explains how the change impacts her life and finances. Read the full story.
Universal Credit to rise by £25 a month from April
Millions on Universal Credit will see a 6.2% payment increase from April, while disability top-ups face cuts. Get the full details on the welfare shake-up.
DWP home visits for benefit support start soon
The DWP is launching home visits to assist vulnerable households with benefit claims. Find out if you qualify, how visits work, and what happens during an appointment.
Claim £2,500 Child Benefit Before January Deadline
HMRC urges UK parents to check eligibility for backdated Child Benefit payments worth up to £2,500. Act before the mid-January deadline to secure this vital financial support.
DWP exempts some from £400 Motability charge
The DWP confirms some Motability users will be exempt from a £400 cost increase. Learn about the VAT and IPT changes and who qualifies for relief.
HMRC Changes Child Benefit Dates Over Christmas
HMRC announces revised payment dates for Child Benefit over the festive period. Find out if your payment is affected and how to check your schedule.
Universal Credit Rise Confirmed for April 2026
Chancellor Rachel Reeves confirms a 6.2% Universal Credit rise above inflation, plus an end to the two-child benefit cap. Find out how the changes affect you.
HMRC wrongly targeted 60% in child benefit crackdown
Shocking figures reveal HMRC's anti-fraud pilot wrongly stopped child benefit for 60% of targeted families. Discover the full scale of the government's admission.
HMRC Warning for Households Earning Under £80,000
HMRC urges UK households earning under £80,000 to check Child Benefit eligibility. You could be missing out on over £1,300 per child. Act now.
119,000 Households Hit by DWP Benefit Cap Before Christmas
The DWP's benefit cap is affecting 119,000 households, with 82% including children, leaving families cash-strapped for the festive season. Learn the key figures and impacts.
Five Key Pension Changes Coming in 2026
State Pension to rise by 4.8% in April 2026, bringing a £574 annual hike. Discover all five major changes, including the pension age increase and new dashboard launch.
ESA benefit ends: Switch to Universal Credit or lose payments
Thousands on Employment and Support Allowance (ESA) must act on migration notices to switch to Universal Credit before payments stop. Final deadlines loom this December.
Page 1 of 4