Saving just £180 a year could boost your pension pot by £44,000 | Personal Finance | Finance

New research from Lloyds Bank reveals that saving just £180 a year from the age of 20 could bolster your pension pot by £44,000 by the time you retire. This is due to the tax relief and interest growth benefits that pension contributions enjoy. The bank discloses that the average total annual saving is around £180, which, thanks to tax advantages, More...

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By admin On Tuesday, April 9th, 2024
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MAPPED: WASPI compensation amounts – how much women in your area could receive | Personal Finance | Finance

More than 500,000 WASPI women live in the South East of England, more than in any other part of the UK. Women in the region could get up to £1.5billion in compensation. The next highest is the North West, with More...

By admin On Tuesday, April 9th, 2024
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DWP state pension classification slammed in scathing LBC call over Mel Stride | Personal Finance | Finance

A state pensioner has savaged Work and Pensions Secretary Mel Stride over the status of payments to the elderly as a DWP benefit in scathing comments. The woman, named Avril, wrote to Mr Stride – who More...

By admin On Tuesday, April 9th, 2024
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Premium Bonds mystery as £125 winnings don’t arrive in bank account – NS&I explains | Personal Finance | Finance

A Premium Bonds customer was perplexed after they won a prize in the April draw but the funds have still not arrived in their bank account. They contacted the savings giant this morning (April 9) over X to ask: More...

By admin On Tuesday, April 9th, 2024
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POLL: Should the state pension retirement age be lowered to 63? | Personal Finance | Finance

Calls have been made for the Department for Work and Pensions to lower the state pension age to 63. The current state pension age is 66 for men and women but some experts have called on the DWP to considerably More...

By admin On Tuesday, April 9th, 2024
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Pension savings warning for millions over the age of 50 – check if you are affected | Personal Finance | Finance

Almost seven million people over the age of 50 have no private pension savings, putting them at risk of retirement poverty. Around 2.4 million (20 percent) of men over 50 and 4.4 million (33 percent) women are More...

By admin On Tuesday, April 9th, 2024
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WASPI campaigners vow to fight on for compensation when MPs return to Parliament | Personal Finance | Finance

WASPI campaigners have vowed to continue to pressure MPs to deliver compensation for the thousands of women affected by the issue. A long-awaited report from the Parliamentary and Health Service Ombudsman recommended More...

By admin On Tuesday, April 9th, 2024
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HMRC tax code to watch out for that could deliver a £900 saving to millions is revealed | Personal Finance | Finance

The payslip tax code which identifies the 27 million people entitled to a typical £900 cut in annual National Insurance payments has been identified. People who see the code 1257L on their monthly pay notice More...

By admin On Tuesday, April 9th, 2024
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Retail sales grow for first time since June, figures show | Personal Finance | Finance

Retail sales in Scotland have seen a welcome boost, thanks to an early Easter celebration, marking the first increase since June last year. The Scottish Retail Consortium (SRC) has revealed that sales of items More...

By admin On Tuesday, April 9th, 2024
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DWP Universal Credit claimants to get new £465 boost from this week | Personal Finance | Finance

Universal Credit recipients are set to receive a £465 increase in their annual benefits, taking the total yearly payout to £7,411.20, according to the Department for Work and Pensions (DWP). The termination More...

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