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News
Private pension age expected to rise to 58 faster than expected
9+ hour, 26+ min ago (861+ words) Younger generations will face a longer wait to access their workplace pension pots, experts believe The minimum age for accessing a private pension is set to rise to 58 sooner than expected, experts have warned. The age at which someone can…...
Popular pension strategy leaving £30,000 earners up to £163,000 worse off
5+ day, 16+ hour ago (397+ words) A common pension strategy is leaving middle earners £160,000 worse off in retirement. Middle earners could find themselves £160,000 poorer in retirement because of a common investment strategy used by pension providers. But it can mean missing out on higher returns. For…...
750,000 households face £2,040 extra being added onto mortgage bills
6+ hour, 12+ min ago (353+ words) 750,000 UK households are set to see their mortgage payments jump by an average of £170 a month 750,000 families are set to pay £2,040 more a year as sub-three per cent deals disappear. 750,000 UK households are set to see their mortgage payments jump…...
Halifax to shut 15 bank branches across UK in September – full list of closures
11+ hour, 30+ min ago (320+ words) Halifax is set to close 15 branches across the UK during September 2026, affecting customers in towns and cities including Horsham, Cannock, Barrow-in-Furness, Milton Keynes, Woking and several parts of London. The closures are part of wider changes to the Lloyds Banking…...
DJB late payment surcharge waiver scheme extended till March next year
12+ hour, 35+ min ago (37+ words) ...
A pension warning has been issued for millions - check if you're affected
19+ hour ago (586+ words) Pensioner poverty has started to rise again after years of falling, with single retirees bearing the brunt of the increase, new research has warned. The number of pensioners living in poverty has been climbing steadily since reaching its lowest point…...
State pensioners issued??1000 warning as experts say???you shouldn???t have to pay???
15+ hour, 3+ min ago (638+ words) State pensioners have been warned against paying more than £1,000 for help with a benefit claim when free support is available. Attendance Allowance is a benefit for people who have reached State Pension age and have a disability or health condition…...
Families warned of £200 mistake that risks tearing them apart
8+ hour, 35+ min ago (313+ words) (Image: inyourArea) Financial planners are warning of a £200 inheritance mistake that tears families apart and urging Brits to record which possessions they intend to leave to whom and why. The biggest inheritance rows aren't always over money – they can be…...
Lifetime ISA penalty trap sees £56m paid to HMRC since 2018
8+ hour, 42+ min ago (427+ words) HMRC has recouped millions in Lifetime ISA penalty trap payments Since 2018, HMRC has received millions in withdrawal penalties from Lifetime ISA accounts. While these accounts offer an impressive 25% annual bonus, they also impose a strict set of conditions governing when…...
Millions will receive benefit payments early this month
14+ hour ago (21+ words) Universal Credit, State Pension, Personal Independence Payment, Attendance Allowance, Carer’s Allowance, and Disability Living Allowance will all be paid out early....