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
State Pensioners Could Face an Astonishing 87% Tax Bill Under New HMRC Rules Thursday, November 20, 2025 pensions taxation inheritance estateplanning pensionfreedoms hmrc iht residenceallowance retirement wealthmanagement From April 2027, some state pensioners may find themselves hit with an inheritance tax bill as high as 87% on their pension savings. This stark change is due to the Labour government’s intention to close a tax loophole … Read More
DWP May Allow Certain State Pensioners to Access Payments Up to Three Years Early Sunday, November 16, 2025 pension statepension dwp retirement aegon pensionage lifespan finance pensionpolicy earlyaccess Chancellor Rachel Reeves has been urged to consider allowing workers to claim their Department for Work and Pensions (DWP) state pension up to three years earlier than the standard pension age, with the trade-off of receiving … Read More
Thousands of Private Sector Workers Earning Over £40,000 Face £20,101 Pension Loss Friday, November 14, 2025 pensions salarysacrifice private sector rachelreeves retirement savings taxation employers complexity pensionloss Proposals to limit the amount employees can divert to pensions via salary sacrifice schemes could see thousands of private sector workers losing tens of thousands of pounds in retirement savings. Under current rules, workers … Read More
State Pension for Pre-1953 Born Women to Increase Nearly 5%, Resulting in £184 Weekly Payment Wednesday, November 12, 2025 pension dwp triplelock inflation statepension retirement taxation earnings hargreaveslansdown pensioners Older state pensioners, specifically women born before 1953, are set to receive a significant boost in their Basic State Pension payments thanks to the Department for Work and Pensions (DWP) Triple Lock policy. This increase … Read More