Financial changes are incoming for the month of October, with a raft of new rule changes set to be introduced. The Winter Fuel Payment phone lines will be opening from the start of the month, and there are also planned changes to energy bills. However, some will need to apply, …
Read More »
Winter Fuel Payments are worth up to £300 and the majority of people who are eligible will receive this cash automatically – but there are some that need to apply What will be affecting your money in October ( Image: Getty Images) The Department for Work and Pensions (DWP) has …
Read More »
The Governent has launched a new sort of hybrid pension that claims to offer the best parts of existing sorts of retirement savings – all that’s left is for employers to buy into the idea CDC pensions have been a hit overseas – and now they’ve come to the UK …
Read More »
A number of large UK pension schemes have written a joint letter to the Work and Pensions Committee (WPC) to raise concerns about the application of new stronger nudge requirements in certain circumstances. The letter raised specific concerns in relation to defined benefit (DB) schemes with defined contribution (DC) additional …
Read More »
1) Plan to scrap Bauer judgment raises ‘serious issues’ The Department for Work and Pensions’ plans to scrap the Bauer judgment raises “serious issues of pension protection”, according to Lane Clark & Peacock. 2) Women need £185,000 more for same retirement as men Women need to save £185,000 more than …
Read More »