An error saw the DWP overpay more than £500 million of State Pension and Pension Credit payments into accounts.

The UK government has confirmed that the entire new State Pension will rise to £221.20 per week starting in February 2025. This increase is part of the government’s efforts to support retirees as ...

The latest figures from the Department for Work and Pensions (DWP) show there are now 12.9 million people claiming the State ...

The size of the backlog is unknown, but applications are processed in date order, and as long as you get your payment in by 5 ...

Although the information provided is believed to be ... According to data from PensionBee, the average UK pension pot was worth £20,077 as of May 2024. However, some individuals hold multiple ...

This deal, which was finalised in late 2024, comes after a first £610m transaction in 2021 and now all section benefits are ...

The government would automatically contribute an additional 20 per cent (worth £1,200 a year, or £48,000 over 40 years) ...

Pension Credit tops up your weekly income to £218.15 if you’re single, or your joint weekly income to £332.95 if you have a partner - this will increase to £227.10 and £346.60 respectively ...

HM Revenue and Customs (HMRC) has recently confirmed that over 370,000 letters have been dispatched to older individuals, ...

The UK Treasury is on course for ... stream from the income tax or IHT on their pension pots,” Camfield added. According to a freedom of information request from investment platform ...

Pension changes due in April 2025 could make managing accounts easier for millions of workers planning their retirement across the UK. The long-anticipated pensions dashboard is designed to ...

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