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Tag: retirees

State pension fury as older retirees get £2,688 a year less (it’ll get worse next year)

Posted: September 12, 2024 at 10:22 am   /   Business

The UK has been running a two-tier state pension system since 2016 and its flaws are increasingly beginning to show. Daily Express :: Finance Feed

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State pension shock as millions of retirees will pay income tax despite triple lock pledge

Posted: June 23, 2024 at 10:22 am   /   Business

Pensioners are bracing themselves for a full-on tax assault if Labour wins the general election. But they will still be in the firing line if the Conservatives cling onto power. Daily Express :: Finance Feed

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State pension to hit £11,300 as triple lock gives retirees £750 pay rise in April

Posted: May 15, 2023 at 10:22 am   /   Business

State pensioners may be on course for another bumper pay rise next April thanks to the triple lock as inflation continues to rage. Daily Express :: Finance Feed

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Retirees could be hit with ‘unsustainable’ £260,000 bill to pay for care costs

Posted: December 11, 2022 at 9:22 am   /   Business

Experts are warning that those approaching retirement could be hit with a £260,000 bill to cover potential care costs. Daily Express :: Finance Feed

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Retirees face being £12,000 worse off if state pension triple lock is scrapped

Posted: October 18, 2022 at 10:22 am   /   Business

The triple lock promise is once again under threat, creating a cause for concern for older Britons. Daily Express :: Finance Feed

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‘Retirees at risk of pension shortfall’ – how to boost your pots amid inflation rise

Posted: January 22, 2022 at 9:22 pm   /   Business

SAVING for retirement may seem daunting, especially since sky high inflation levels are eating away at cash savings. But there are ways that Britons can still prepare for retirement that will give them a great chance of boosting their pots in a time where bills are increasing. Daily Express :: Finance Feed

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WASPI ‘commend the Lords’ for their state pension triple lock vote as retirees struggle

Posted: November 7, 2021 at 9:22 pm   /   Business

RISHI SUNAK and the wider Government faced a setback recently as the House of Lords voted to keep triple lock rules in place rather than reduce their generosity. The WASPI campaign welcomed this and called on the Government to address ongoing state pension issues. Daily Express :: Finance Feed

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Pension credit claims pushed as the number of retirees living in poverty tops 2 million

Posted: June 15, 2021 at 10:22 pm   /   Business

PENSION poverty issues have been addressed by Age UK as the charity’s analysis shows the number of pensioners living in poverty has topped two million. In light of this, Age UK has urged retirees to check on their entitlement to state benefits such as pension credit and attendance allowance. Daily Express :: Finance Feed

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Early retirement ‘unwelcome drama’ for nearly half of early retirees forced out of work

Posted: May 27, 2021 at 10:22 am   /   Business

EARLY retirement is a dream for many people, giving them the time and freedom to pursue their interests and hobbies. However, new research has suggested for nearly half of early retirees, stopping work when they did wasn’t necessarily their ideal choice. Daily Express :: Finance Feed

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