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Stories published on Oct 20
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  • Stories published on Oct 20

Monday, Oct 20

18

More than 1.1m people over pension age could pay income tax on savings accounts

www.independent.co.uk

Some 1,160,000 people over state pension age are expected to incur an income tax liability on savings, according to data obtained by AJ Bell.

More than 1.1m people over pension age could pay income tax on savings accounts

www.standard.co.uk

Some 1,160,000 people over state pension age are expected to incur an income tax liability on savings, according to data obtained by AJ Bell.

17

State pensioners having DWP payments 'turbocharged' with free £741 increase

State pensioners have been handed a guide on how to "turbo boost" the state pension pay rise next year.

16

State pensioners told to follow little-known rule that could boost pot by seven years

Pensioner households have been advised against withdrawing from their pension fund too early with

Older women urged to check for State Pension back payments worth around £8,300

www.dailyrecord.co.uk

DWP has paid our more than £100 million in arrears payments for historical errors linked to National Insurance credits.

New call for DWP to change State Pension payment inheritance rules

www.dailyrecord.co.uk

An online petition proposes that individuals should be able to nominate a beneficiary for their State Pension.

DWP state pension set for even bigger rise with extra cash arriving on this date

Pensioners are set to be handed a surprise boost with a new increase in funds

15

Lagos presents ₦1.004b to 465 retirees as pension benefits

guardian.ng

The Lagos State Government on Monday presented ₦1.004 billion to 465 retirees as their service benefits accrued before the commencement of the Contributory Pension Scheme (CPS) in 2007. Speaking at the 111th Batch Retirement Bond…

State pensioners warned money 'cannot be put back in' after withdrawals

Delaying your pension lump sum could make retirement last seven years longer, savers are being told, ahead of the Labour Party Autumn Budget.

14

State pension delay could give savers seven more years of retirement fund

www.express.co.uk

The first 25 per cent of your pension can be taken out tax-free as a lump sum, but this doesn't make it the best choice for some people, experts have warned

DWP set to pursue thousands of state pensioners but is on 'shaky legal ground'

Department for Work and Pensions, or DWP, overpayments have surged by an eye-watering £89m since last year.

13

State pensioners plan to withdraw cash 'while they still can' ahead of rule change

A pension saver has written into the Telegraph's tax experts, asking whether they should take a huge lump sum

12

People on State Pension due to find out new payment rates this week

www.dailyrecord.co.uk

The earnings growth rate is on track to be the Triple Lock measure used for the 2026/27 annual uprating.

10

Labour breaks silence over 'increasing Personal Allowance for state pensioners'

In the Commons, Independent MP James McMurdock has grilled the Labour Party and the Treasury over rising state pension payments.

State pensioners rushing to withdraw cash ahead of November rule change

Pensioners with private pots are pulling RECORD sums from their funds - all because of fears of a pension tax raid.

07

DWP sending debt letters to state pensioners demanding they pay £1,160

More than 220,000 claimants were subject to state pension overpayments in 2024/25, DWP estimates show.

05

DWP state pensions 'set for larger increase' than expected

www.walesonline.co.uk

The latest data from the Office for National Statistics (ONS) has shown an upward revision to total wage growth

Sunday, Oct 19

18

State pension age to rise in 2026 - how to check if you're affected and what to do next

The state pension age is set to rise again in 2026, with significant implications for millions of UK workers planning for retirement. Here's how to check if you're affected and what to do next

17

State pensioners born before 1945 being handed extra £5,500 from DWP

You may be able to claim an Over 80 pension when you reach 80 years old if you do not already receive a Basic State Pension or the amount you receive is low.

13

Full list of Winter Fuel Payment amounts being paid to each state pension group

This extends eligibility to the vast majority of pensioners, with around 9 million, or over three quarters, benefitting.