Pensions
The latest news, updates and opinions on Pensions from the expert team here at MoneyWeek
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£500 million state pension underpayments identified - are you owed money?
News The DWP has so far identified £500m in state pension underpayments between January 2021 to October 2023. We explain how to check if you’ve been affected and how to claim your money back.
By Nicole García Mérida Last updated
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Pensioners to receive up to £600 in winter support - who is eligible and how to claim
Up to £600 in cost-of-living payments is starting to land in pensioners’ bank accounts. We explain who qualifies and what to do if you don’t receive the cash.
By Ruth Emery Last updated
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How much state pension will I get?
Advice The full new state pension is currently £203.85 per week - but what you receive will depend on a number of factors. We look at how to work out exactly how much state pension you will get and when.
By John Fitzsimons Last updated
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How to set up a pension if you're self-employed
Features Three-quarters of self-employed workers are not paying into a pension, meaning millions of people could be woefully unprepared for retirement. We explain the different pension options and reveal the best providers.
By Ruth Emery Last updated
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SIPP holders to get cash warnings and be offered default funds
News Providers will be required to offer investors a default fund and must warn customers of the inflationary risk of cash savings the regulator has said. What the new rules mean for your retirement pot?
By Marc Shoffman Published
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What is the state pension triple lock?
The triple lock gets a lot of mentions in the political arena, and millions of pensioners rely on it to boost their income each year. But how does it work exactly and could it be scrapped in future?
By Ruth Emery Last updated
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State pension gap: £2,600 shortfall to secure “basic retirement”
The state pension will rise 8.5% in April, reaching £11,502 a year. But that is still some way below the amount of money needed for a basic retirement income.
By Ruth Emery Last updated
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Thousands of pensioners to be dragged into income tax net due to state pension boost
An extra 650,000 pensioners will have to start paying income tax as a result of next April’s 8.5% state pension increase
By Ruth Emery Last updated
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Autumn Statement: state pension to jump 8.5% from April as triple lock is honoured
Pensioners will see a second straight large hike to state pension payments, going up 8.5% next year under the triple lock system
By John Fitzsimons Published