All State pension articles – Page 3
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NewsOmbudsman slams DWP over state pension age increases
The department failed to communicate changes to the state pension age adequately, according to the Parliamentary and Health Service Ombudsman.
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FeaturesWhat do national insurance cuts mean for the state pension?
The second cut to National Insurance in six months, and growing rumours of the tax’s eventual abolishment, have raised questions about what this means for the state pension.
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NewsState pension age ‘must rise to 71’, research shows
New data from the International Longevity Centre suggests that the UK’s state pension age must increase at a far greater rate than currently planned.
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NewsThe IFS calls to end the state pension triple lock
The IFS has published a report outlining how the triple lock has resulted in unpredictable and sometimes overly generous increases to the state pension.
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NewsExperts praise Chancellor’s pledge to keep triple lock in autumn statement.
State Pension will rise by 8.5 per cent - amounting to more than £900 a year.
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NewsAuto enrolment will be extended to younger workers as bill is granted Royal Assent
A private members bill which will mean that workers under the age of 22 are automatically enrolled into a pension, has passed its third reading in the House of Lords.
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NewsFuture of state pension triple lock guarantee is 'turning into a game of pensions poker’
The future of the triple lock has been plunged into further doubt after Labour’s Angela Rayner refused to be drawn on her party’s commitment to keeping it.
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NewsState pension triple lock could cost up to £45bn a year by 2050
As the Office for National Statistics prepares to release its estimate for average earnings growth, the Institute of Fiscal Studies (IFS) issues a warning over the cost of the triple lock to taxpayers.
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OpinionTime to get pumped about pensions
The week to get pumped for pensions is nearly here. Pensions Awareness week is an opportunity to get scheme members excited about their savings.
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News
Falling inflation may benefit state pensioners in the short term
The headline rate of inflation was down again in July 2023, for the second consecutive month.
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NewsTriple lock: Government faces £9bn bill to inflation-proof state pension
State pension triple lock bill will rise on the back of inflation hikes and wage data, according to interactive investor.
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NewsRetirement and poverty, Scottish Widows warns of growing generation gap
The life office and pensions provider has launched the National Retirement Forecast (NRF) which aims to provide "forensic analysis of the challenges faced by different demographics".
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NewsRising inflation and triple lock pledge will boost pensions payments
Pensioners could see their income boosted next year as 'sticky inflation' drives another expected significant rise in the state pension, consultancy Broadstone has claimed.
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NewsState pension age review to be published by May
On the go: The state pension age review will be published by May of this year, the pensions minister has confirmed.
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Opinion
Government disappoints in auto-enrolment inquiry responses
Broadstone head of policy David Brooks is calling on the government to start advising people that current minimum contributions will not be enough for a comfortable retirement.
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News
Inflation drives 18% surge to ‘minimum’ cost of retirement
Retirees trying to achieve a basic standard of living will have seen their expenditure increase over the past year by almost 20 per cent due to high inflation, according to the Pensions and Lifetime Savings Association’s retirement living standards.
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NewsPHSO finds ‘maladministration’ in DWP’s complaint handling
On the go: The Parliamentary and Health Service Ombudsman has found evidence of “maladministration” in the Department for Work and Pensions’ communication about changes in women’s state pension and in its complaints handling.
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NewsRetirement standards compromised by changes in pensions system
On the go: Changes made to the UK pensions system are positive for sustainability but are leaving savers’ retirement standards compromised.
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NewsState pension age review to be published next year
On the go: The state pension age review will be published in early 2023, the chancellor has said.
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NewsGovernment retains state pension triple lock
On the go: Chancellor Jeremy Hunt has confirmed that the pensions triple lock is to be protected.