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.
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.
Lloyds Banking Group is closing 55 Lloyds and Halifax branches, impacting local access to cash. See the full list of locations and dates for 2025.
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.
Millions of UK state pensioners will receive payments early due to Christmas bank holidays. Experts warn to budget carefully for the longer gap until January.
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.
Monzo reduces interest on its popular savings pots, including the viral 1p Challenge, following the Bank of England's rate cut. Savers face lower returns from January 6.
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.
Thousands of UK households will see DWP payments like Universal Credit and State Pension land early due to bank holidays. Find out if you're affected and how to manage your budget.
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.
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.
Homeowners could be hit with a £1,800 charge to legally use their driveway. Expert Ollie Green explains the council rules for a 'dropped kerb' and the fines for non-compliance.
New data reveals pavement parking incidents in Scotland have risen since the 2023 ban. Campaigners demand councils enforce the law to protect pedestrians and wheelchair users.
Chocolatier crafts giant edible coins of Henry VIII and Queen Victoria to celebrate a new banking hub in Essex. Discover the sweet link between cash, history, and Christmas tradition.
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.
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 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.
Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.
A sophisticated bank account scam is sweeping the UK, with fraudsters stealing tens of thousands of pounds. Learn the warning signs and how to protect your money from this urgent threat.
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.
Savers with major UK banks can earn up to £450 extra by switching to top easy-access accounts. Discover the best rates from Chase, Cahoot & Monument Bank.
UK savers with Nationwide, Lloyds and NatWest can earn up to £450. Discover the top easy-access accounts from Chase, Monument Bank and Cahoot for 2025.
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.