Martin Lewis expressed ‘disappointment’ that Chancellor Rachel Reeves declined an invitation to appear on a post-Budget special edition of his TV show on Thursday as he wanted to ask her about the UK Government’s decision not to reverse the cuts to Winter Fuel Payments during the Autumn Statement. More than …
Read More »The Office for National Statistics’s upward revision of earning figures will saddle Rachel Reeves with an “unwelcome” extra £100mn bill for the state pension rise next year, according to LCP partner, Steve Webb. Today (October 15), the ONS released its Labour Market Overview for October 2024, detailing the revised figures …
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However, superior returns may only arise in very old age, according to research commissioned by the Association for British Insurers, an industry trade body. Its model found that if a worker starts saving into a CDC scheme at the age of 30, by their 75th birthday they would have an …
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Royal Mail rushed forward the monthly payment into its pension scheme to help prevent a cash crunch, The Telegraph can reveal, after the mini-Budget sent crucial money markets into a tailspin. The company responded to a request from the trustees of the Royal Mail Pension Plan to provide emergency liquidity, …
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As many as 850,000 retirees are missing out on claiming Pension Credit, according to latest Government figures. Pension Credit is a benefit that tops up your income to a decent standard Pension Credit is designed to top up your income in retirement ( Image: Getty Images/Westend61) Hundreds of thousands of …
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A general election is now less than six weeks away after Parliament agreed to take the country to the polls before Christmas. It may be being dubbed the “Brexit election” but, as the Conservative Party discovered in 2017, other issues can quickly take centre stage. Theresa May’s disastrous plans to …
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