their State Pension
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
DWP reminder to check State Pension age as rise to 67 begins
DWP reminder to check State Pension age as rise to 67 begins The State Pension age is gradually increasing from 66 to 67 Brits are being urged to check their State Pension age as the long-awaited increase from 66 to 67 is now under way. The change commenced in April and means people born in the early 1960s may not retire at 66, with their State Pension age instead determined by their date of birth. The State Pension age is rising from 66 to 67 between now and March 2028.
State pension rise to 67 in June for people born in these years
State pension rise to 67 in June for people born in these years The state pension age is the earliest date you can get your state pension but millions of people will now have to wait longer to claim The state pension age is rising to 67 - with millions of retirees being impacted. The state pension age is the earliest date you can claim your state pension.
State Pension alert as DWP explains ‘claimant responsibility'
State Pension alert as DWP explains ‘claimant responsibility' People can choose to get their state pension payment at a different time People nearing the state pension age may face an unexpected choice as they don’t have to claim their payments as soon as they turn 67. There is the option to defer your payments and start claiming it at a later date, which could boost your payments but may also come with financial risks. Pensions Minister Torsten Bell addressed the topic in a Parliamentary...
State pension alert as claimants 'edging closer' to HMRC tax liability
State pension alert as claimants 'edging closer' to HMRC tax liability The qualifying rules for the state pension are currently changing A major tax reform is set to be implemented shortly, impacting state pensioners. The key policy change will change the tax burden for certain pensioners. Labour announced in the Autumn Budget 2025 that it would change the tax allowance rules so that those receiving only the state pension without additional increments would be exempt from income tax.
Treasury statement on major change to tax on the state pension
Treasury statement on major change to tax on the state pension State pension payments increase each year in line with the triple lock The Treasury has issued a statement about tax on the state pension ahead of a major change coming in soon. The Government announced a new policy on the issue in last year's Autumn Statement. As the state pension increases each year in line with the triple lock, more pensioners are being dragged into paying income tax.
State pension age rising DWP confirms 11 key birthdates impacted
State pension age rising DWP confirms 11 key birthdates impacted The state pension age is rising from 66 to 67 in stages and when you can claim depends entirely on when you were born The age at which millions of Britons can claim their state pension is beginning to climb to 67 this year - with the adjustments already underway - but experts have clarified that it hinges on your date of birth. The current state pension age stands at 66, but this will gradually rise over the next two years...
State pension HMRC alert as millions could end up paying more
State pension HMRC alert as millions could end up paying more Growing numbers of state pensioners may face HMRC tax bills A HMRC levy affecting millions of state pensioners has been condemned by a prominent union. Growing numbers of state pensioners may face HMRC tax bills due to fiscal drag, with the triple lock - which guarantees an annual state pension rise - pushing them closer to the tax-free allowance threshold. The personal tax allowance has remained frozen at £12,570 since 2021 -...
New Labour MP DWP state pension 'not enough' update
New Labour MP DWP state pension 'not enough' update Under the current system, the full new state pension is worth up to £241.30 weekly Brits nationwide have been cautioned that they may need to prepare more comprehensively for life after retirement. Millions of employees are being alerted they "cannot rely on the state pension" alone to finance their retirement as new research reveals the extent of Britain's impending pensions shortfall. The stark warning came from senior Labour MP Debbie...
Grandparents could claim £6,000 State Pension boost from HMRC
Grandparents could claim £6,000 State Pension boost from HMRC The pension top-up is worth around £300 a year Grandparents looking after their grandchildren could be entitled to additional money on top of their pension. Older individuals caring for children under 12 during term-time or school holidays may qualify to boost their State Pension payments through Specified Adult Childcare. Specified Adult Childcare can enhance your pension by more than £6,000 over a typical 20-year retirement by...
Let young Britons access state pension early and retire later, think tank urges
Let young Britons access state pension early and retire later, think tank urges Those under 40 could withdraw a £12,500 lump sum under the proposals - Bookmark - CommentsGo to comments Young Britons should be allowed to withdraw a years’ worth of their state pension early to help those who cannot rely on “the bank of mum and dad”, a think tank has said. Researchers say the so-called “Citizens Advance” would be a “transformative” policy for those aged 18 to 40 who are struggling with issues...