New research by the Institute for Fiscal Studies (IFS) has revealed that a decline in cognitive abilities is costing pensioners around £30,000 in financial losses over a span of eight to 10 years.Findings show that…
Sadiq Khan could reportedly be in line for a gold-plated pension under the Labour Government's plans. A proposal to extend the Local Government Pension Scheme (LGPS) to more than 16,000 elected councillors could also…
An expert has issued two pieces of crucial advice to savers after Rachel Reeves announced in her Budget that she would raid Brits' pension savings. From April 2029, the amount that is exempt from national insurance will…
The Chancellor can either start rebuilding the trust of older people in Labour, in her Budget this week, or declare war on pensioners. The choice is stark, either lift the lower tax threshold to stop the state pension being…
Rachel Reeves has been warned not to “hammer” pensioners by extending a freeze on tax thresholds following her u-turn on plans to raise income tax. The Chancellor ditched her long-floated plan to raise the main rate of income…
A parliamentary petition calling for state pensioners to receive double the personal tax allowance has surpassed 10,000 signatures, triggering a response from the Treasury.The campaign seeks to create a new tax code giving…
Women born in the 1950s are preparing for a crucial legal battle at the High Court next month as they seek to overturn the Government’s refusal to offer financial redress for state pension age changes. The judicial review,…
Young workers could be penalised under Chancellor Rachel Reeves's rumoured tax raid on pension savings, which could impact how much they will receive once they eventually retire, according to analysts.The Chancellor is…
Millions of women across Britain could face working into their mid-80s to achieve the same retirement savings as men, according to new research exposing stark gender inequality in pension provision.The 2024 analysis reveals…
The Chancellor has been urged to avoid a change to pensions contributions in the November Budget, saying it could lead to Brits losing out on millions.The Society of Pension Professionals (SPP) has written to all Members of…
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