Personal Finance - Page 133

In April 2015, Chancellor George Osborne scrapped the obligation to purchase an annuity at retirement and let savers use their pots as a cash machine, taking lump sums or income from age

The Department of Government Efficiency’s (DOGE) intrusion into the Social Security Administration (SSA) has sent staffers panicking. “Until they get rid of DOGE and the person in office right now, and the

The basic state pension rose by £361.40 this month under the triple lock formula – but this could be almost entirely eaten up by rising household bills 05:43, 07 Apr 2025Updated 06:03,

It’s been ten years since pension freedoms legislation came into force, giving pensioners more choice about their pension pots. In the early days some voiced concerns that they would spend their entire

A woman is planning to hide an inheritance she recently received due to her partner’s “depression and impulsive behaviour”. She has shared her reasoning on Mumsnet, explaining she recently discovered her grandmother

Kevin Peachey Cost of living correspondent BBC Stephanie Swann works and cares for her son Carers can now work for longer without losing a key payment – as the state pension and

The amount paid in benefits is rising at the same rate as prices, measured by last September’s inflation rate. That was 1.7% – slower than the current rate of 2.8%. The standard

On Good Morning Britain, the consumer champion urged viewers to check their status ahead of the deadline for boosting their state pension by tens of thousands of pounds. “The new state pension started in

The DWP has been working to rectify historical State Pension errors and has now urged hundreds of thousands of people to check their entitlements as they may be owed thousands Hundreds of