How the Autumn Budget Will Impact State Pensioners Starting April 2026 Wednesday, November 26, 2025 pension budget statepension triplelock chancellor rachelreeves inflation wages treasury retirement Starting April 2026, State Pension payments are set to increase by 4.8%, aligning with average wage growth. This announcement came as part of Chancellor Rachel Reeves’ Autumn Budget statement delivered on November 26. The … Read More
Labour Affirms Commitment to Triple Lock Ahead of Budget Announcement Tuesday, November 25, 2025 labour pensions triplelock budget retirement finance pensionsavings government workandpensions policy The Labour Party has firmly addressed recent speculation suggesting that the Triple Lock pension guarantee might be at risk in this year’s Budget. Contrary to circulating reports on November 26, Labour insists that the policy … Read More
HMRC Repays Over £1.5bn to Pensioners Overtaxed on Withdrawals Sunday, November 23, 2025 hmrc pensions taxation retirement overtaxation withdrawals pensionfreedom statepension personalallowance pensionpolicy Since the introduction of the Pension Freedom rules, HMRC has refunded more than £1.5 billion to pensioners who were overtaxed when accessing their own savings. This overtaxation error has affected tens of thousands of … Read More
State pensioners face £2,500 tax hikes under Rachel Reeves’ proposed changes Sunday, November 23, 2025 pensioners tax labour chancellor reeves income fiscal retirement manifesto taxes Wealthy pensioners in the UK could face an average tax increase of £2,500 if Chancellor Rachel Reeves goes ahead with proposed income tax rises, data reveals. Ms Reeves has not ruled out tax hikes in the upcoming budget, … Read More
26 Million State Pensioners Face Crisis if Government Scraps Triple Lock Friday, November 21, 2025 pensions statepension retirement triplelock savings government budget chancellor webb under-saving A looming crisis threatens 26 million state pensioners as the government considers scrapping the decades-old state pension triple lock. Sir Steve Webb, former Pensions Minister and current partner at pension consultants LCP, … Read More
HMRC Warns Retirees About Claiming Carer's Allowance Alongside State Pension Thursday, November 20, 2025 hmrc carersallowance statepension dwp retirement benefits taxcodes pensioncredit socialcare ukgovernment HM Revenue and Customs (HMRC) has issued an important warning to retirees regarding the simultaneous claiming of the state pension and Carer’s Allowance from the Department for Work and Pensions (DWP). This alert came … Read More