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State pension triple lock to be scrapped in 2030Labour will scrap the state pension triple lock in April 2030 to fund a new free social care service, prime minister Andy Burnham has announced.
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Will you have to pay tax on your state pension?Increases to the UK state pension and an ongoing freeze to income tax thresholds mean more pensioners are being dragged into the tax net. Will you need to pay tax on your state pension?
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State pension set to rise by 3.9% – how much could you get?The UK state pension is set to rise by 3.9% per year from April 2027 after new wages data was published by the Office for National Statistics, but thousands more retirees face a higher income tax bill.
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Seven reasons to not top up your state pensionTopping up your state pension could give you a bigger budget to live on in retirement, but it’s not always worth doing.
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Ditch the triple lock to get young people into work, businesses tell BurnhamWhile the triple lock is a promise to pensioners to give them an income boost each year, removing it could save the Treasury £3.3 billion over two years, the British Chambers of Commerce claims.
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How to plan for retirement without relying on the state pensionThe cost of the state pension continues to grow and there’s fears it may not be as generous in the future. What can you do now to ensure you have enough to live on in retirement?
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Who misses out on the state pension triple lock?Not all pensioners have their state pensions, or aspects of it, increased each year in line with the triple lock. We explain who misses out.
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Number of over-65s paying tax surpasses 10 million for the first timeWhy thousands more pensioners face higher tax bills as pension income rises. Could you be one of them?
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State pension age could rise faster than expected – are you prepared?The Office for Budget Responsibility suggests the state pension age may increase faster than expected. Here is what you need to know.
