Young people risk benefits in new £820m work scheme
Nearly a million young people on Universal Credit must engage with new intensive support or face sanctions. The £820m plan aims to tackle rising NEET figures. Read the full details.
Category : Search result: pension credit
350,000 new training places for young unemployed
The UK government is offering 350,000 training and job opportunities to young people on Universal Credit, with potential benefit sanctions for non-engagement. This aims to tackle the near-million youth 'Neet' crisis.
FCA urges credit union expansion to fight loan sharks
The FCA launches a plan to double the mutuals sector, aiming to provide affordable credit and protect vulnerable borrowers from illegal lenders. Could a 'Fair Banking Act' force high street banks to help?
Youth on benefits face sanctions in new work scheme
Young people on Universal Credit will be offered jobs in construction and hospitality. Those who refuse could lose benefits. The £820m scheme starts Spring 2026.
Pension Error Forces Retiree to Repay £25,000
A retired UK civil servant must repay over £25,000 after a pension scheme miscalculation. Discover the implications for public sector retirees and how to check your pension.
Labour's child poverty plan: Scrap two-child limit, hint at welfare reform
Labour launches a new child poverty strategy, pledging to end the two-child benefit cap. Work and Pensions Secretary Pat McFadden insists further welfare reform is still needed to tackle rising costs and inactivity. Read the full details.
Budget changes to hit millions using salary sacrifice
New HMRC figures reveal over 3 million pension savers will be impacted by salary sacrifice reforms. Discover how the £2,000 cap from 2029 affects your retirement savings.
UC claimants may get £1,149 monthly with PIP
Universal Credit recipients with health conditions are urged to check eligibility for Personal Independence Payment (PIP), potentially boosting monthly income to £1,149. Learn how to claim.
New £2,000 salary sacrifice cap explained for UK pensions
Chancellor Rachel Reeves's budget introduces a £2,000 cap on salary sacrifice pension tax relief from 2029. Experts explain who is affected and the steps you should take now to protect your retirement savings.
UK Pensioners' Guide to Benefits, Discounts & Freebies
From state pension to free prescriptions and travel discounts, discover the comprehensive list of financial help and perks available for seniors across the UK. Start saving today.
Budget 2025: DWP benefits and state pension increases confirmed
Chancellor Rachel Reeves's Budget pledges £15bn for welfare, with Universal Credit rising 6.2% and the two-child cap scrapped. See how much more you'll get from April 2026.
BoE Flags Hedge Funds, Private Credit & AI Bubble as Risks
The Bank of England warns of growing risks from hedge fund bets on UK debt, a $2 trillion shadow banking sector, and an AI stock bubble. Discover the key threats to financial stability.
Essential UK discounts and benefits for pensioners
Discover the comprehensive guide to government benefits, travel discounts, healthcare savings, and retail perks available to UK pensioners. Start claiming what you're entitled to today.
Salary sacrifice pension cap: What you must do now
A new £2,000 limit on salary sacrifice pension tax perks is coming in 2029. Experts explain who is affected and the crucial steps to take now to protect your retirement savings.
Gender pension gap grows to 32%, report finds
The gender pension gap has widened to 32%. Scottish Widows expert Jill Henderson asks if a new, digitally-native generation of women can close it through better tools and support. Discover the data.
Labour's Pension Tax & Investment Mandate Sparks Outcry
Labour faces backlash over a £5bn tax raid on salary sacrifice pensions and new powers to mandate fund investments, with critics warning of a 'war on savers'. Read the full analysis.
Gambling reform fails to deter Australia's heaviest betters
New research shows Australia's credit card betting ban had minimal impact on high-spending gamblers, who simply switched payment methods. Experts call for stronger action.
Pension lesson: Why I ditched my IFA and grew my pot by £60k
A 70-year-old retiree from Belfast reveals how taking control of his pension after the 2022 mini-Budget helped him grow his savings from £185,000 to £245,000. Discover his key lessons on diversification and avoiding traditional investment pitfalls.
Swiss Prosecutors Charge Banks Over Mozambique 'Tuna Bonds'
Swiss prosecutors file money-laundering charges against Credit Suisse and UBS over the 'tuna bonds' scandal that crashed Mozambique's economy. Read the latest on the legal fallout.
79-year-old widow chased for 2p energy debt
A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.
State Pension Tax Exemption Creates Two-Tier System
Chancellor Rachel Reeves confirms state pension-only recipients won't pay tax this parliament, but experts warn of fairness issues for other retirees. Learn the implications.
Two-Child Benefit Cap Scrapped: London Impact
Chancellor Rachel Reeves scraps the two-child benefit cap, set to lift 350,000 UK children from poverty. Discover which London constituencies are most affected.
Reeves rushes pension tax raid into law
Chancellor Rachel Reeves accelerates salary sacrifice legislation to reassure markets about tax increases. Learn how this affects your pension contributions.
Salary sacrifice cap hits ordinary earners hardest
New research shows the £2,000 salary sacrifice cap will disproportionately impact basic and higher rate taxpayers, reducing take-home pay and potentially skewing pension savings. Discover how to protect your finances.
RCHL Credit Downgraded Over Telegraph Takeover Bid
Daily Mail's parent company RCHL faces credit rating downgrade by S&P Global amid Telegraph Media Group takeover concerns. Read the latest business news analysis.
New £2,000 Pension Cap: A 'Tax Penalty' on Savers
Rachel Reeves' Budget introduces a £2,000 salary sacrifice cap for pensions, criticised as a 'tax penalty'. Learn how this change impacts your retirement savings from April 2029.
State Pension to increase by over £550 from April
UK state pension set for £550+ annual rise under triple lock, bringing pensioners closer to income tax threshold. Discover the financial implications.
DWP Benefits Rise: Universal Credit & PIP Increase
Chancellor Rachel Reeves unveils a £15 billion benefits boost, raising Universal Credit, PIP, and child benefits while scrapping the controversial two-child cap. Find out how this affects you.
Britons React to Budget 2025 Amid Cost of Living Crisis
From childcare worries to pension changes, discover how Budget 2025 impacts real families across Britain. Read their stories and see where you stand.
Budget 2025: Tax and NI Changes Explained
Analysis of how Chancellor Rachel Reeves's tax, NI and benefit measures impact single people, couples, families and pensioners across England, Wales and Northern Ireland.
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