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Tag: Pensioners

State pension may hit £11,342 next year but older pensioners could get less than £9k

Posted: July 5, 2023 at 10:22 pm   /   Business

Last week we were celebrating news that Prime Minister Rishi Sunak is “committed” to protect the state pension triple lock. Yet there’s a sting in the tail. Daily Express :: Finance Feed

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Pensioners are among the millions being ‘battered’ by income tax

Posted: June 29, 2023 at 10:22 pm   /   Business

Some 8.5 million people aged 65 and older will now become income taxpayers with a total of 35.9 million people of all ages paying income tax. Daily Express :: Finance Feed

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Pensioners on track for ‘higher income’ despite high inflation reducing the value of cash

Posted: June 23, 2023 at 10:22 pm   /   Business

Pension savers should try to keep up their contributions despite the rising cost of living, a wealth expert told Express.co.uk in an exclusive interview. Daily Express :: Finance Feed

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State pensioners urged to take action as thousands miss out on £1,900 a year income boost

Posted: June 17, 2023 at 10:22 pm   /   Business

Tens of thousands of pensioners are missing out on a large income boost as they are not claiming Pension Credit, a charity boss has told Express.co.uk in an exclusive interview. Daily Express :: Finance Feed

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Pensioners get £7,000 a year as annuity rates soar – and money back if they die

Posted: May 24, 2023 at 10:22 am   /   Business

It’s a long time since annuities paid £7,000 a year, but that’s what pensioners can get now as rates continue to rise Daily Express :: Finance Feed

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Pensioners face ‘Age of Ruin’ as drawdown savings run out seven years before they die

Posted: May 17, 2023 at 10:22 pm   /   Business

The over-55s are making pension withdrawals at an unsustainable rate and risk leaving nothing for later life, a pensions expert has warned. Daily Express :: Finance Feed

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DWP urges pensioners to act now to see if they can get £301 payment – 10 days left

Posted: May 8, 2023 at 10:23 pm   /   Business

Pensioners have been urged to check if they can claim Pension Credit which may qualify them for a cost of living payment. Daily Express :: Finance Feed

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Pensioners warned of ‘costly pitfalls’ when looking for housing – what help is available?

Posted: May 6, 2023 at 10:22 pm   /   Business

EXCLUSIVE: One in 10 pensioners will be unable to access affordable housing in years to come an expert has warned. Daily Express :: Finance Feed

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HMRC hits pensioners with instant tax demands after today’s state pension hike

Posted: April 10, 2023 at 10:22 am   /   Business

The state pension rises by a record-breaking 10.1 percent from today but pensioners are finding it comes with a tax sting in the tail. Daily Express :: Finance Feed

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Pensioners to be hit with new tax trap as state pensions pass £10,000

Posted: April 3, 2023 at 10:23 pm   /   Business

Pensioners to be hit with new tax trap when the state pension payment rises it may see pensioners paying tax. Daily Express :: Finance Feed

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