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Stories published on Nov 20
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  • Stories published on Nov 20

Thursday, Nov 20

19

Martin Lewis issues New State Pension tax warning ahead of Autumn budget

As Winter fuel payments decimate savings, Lewis had some advice for people's pensions

15

‘I’m already struggling’: Retirees fear state pension will be taxed

inews.co.uk

Thabhani Sithole and Jan Smalley are two pensioners who are concerned about what the future holds

£12,570 tax threshold freeze impact on State Pension and Universal Credit

www.mirror.co.uk

New Institute for Fiscal Studies analysis shows how continuing income tax threshold freeze will affect pensioners, minimum wage workers and those on benefits

14

State Pension age set to rise as millions to receive DWP warning letter

The State Pension age is rising from 66 to 67 starting April 2025, affecting people born between March 1961 and April 1977, with the change completing by 2028

13

Martin Lewis issues State Pension tax warning ahead of Budget and says 'it will probably be the first time you will pay'

The State Pension is expected to increase by more than 4% next April in line with the triple lock promise

DWP issues statement on 'means testing' state pension for all of UK

The Department for Work and Pensions has confirmed that the Labour Party government has no intention of means-testing the State Pension

12

A HUGE retirement saving crisis looms if state pension triple lock is ditched

www.dailymail.co.uk

Former minister Steve Webb found out Government estimates for how much people would 'under-save' if the guarantee was axed - and says they are 'shocking'.

11

New way for older people to claim backdated State Pension payments

www.dailyrecord.co.uk

The DWP has issued more than £900 million in arrears payments for historical State Pension errors.

10

Minister promises urgent action to stop employers forcing staff into inferior pension schemes

www.irishtimes.com

Department of Social Protection says rogue employers are trying to undermine new State workplace pension scheme

09

State pension specialists issue income tax warning and say 'every pound matters'

www.nottinghampost.com

The state pension is set to breach the £12,000 mark next year

08

DWP chief issues update on 'means-testing' state pension payments

www.nottinghampost.com

The DWP has issued a major update on the possibility of means-testing state pension payments

DWP addresses fears of 'means-testing' state pension for 'all'

The DWP has confirmed that the Labour Party government has no intention of means-testing the State Pension.

HMRC issues warning to retirees on one DWP benefit alongside state pension

The retiree reached out to HMRC via social media site X, formerly Twitter.

The total number of retirees facing poverty if state pension triple lock is cut

inews.co.uk

Figures have been released days before the Budget, where Reeves may target tax perks given to pension savers

State pension triple lock warning as millions of Brits to face hardship

www.express.co.uk

Official forecasts have been uncovered which disclose how pensioner hardship will surge if foes of the triple lock secure the scrapping of anti-poverty measure

07

State pensioners face staggering 87% tax bill from HMRC under change

The Labour Party government wants to bring an end to a tax loophole which was created by the pension freedoms of a decade ago.

01

PenCom Urges States to Fully Adopt Contributory Pension Scheme, Warns of Growing Retirement Risks

www.tv360nigeria.com

Only 17 states compliant as DG says uneven implementation threatens financial dignity of Nigerian workers The National Pension Commission (PenCom) has called on state governments to fully implement the Contributory Pension Scheme (CPS),…

Wednesday, Nov 19

23

Connecticut deposits $1.5 billion toward state pensions

www.bondbuyer.com

Connecticut transferred about $1.5 billion in excess budget reserves to its state employees' and teachers' pensions, said State Treasurer Erick Russell.

22

17 states fully implement contributory pension scheme — PenCom

tribuneonlineng.com

It revealed that the scheme for informal-sector workers is being redesigned and rebranded as the Personal Pension Plan (PPP)