People drawing their new state pension from April are likely to see a rise of more than £500 a year, latest wages data suggests. Under the "triple lock" policy, the state pension goes up each year by ...
Once you reach State Pension age you're no longer able to claim: ...
The most common remains the state pension, designed to give people a regular retirement income from the government. This may ...
THOUSANDS of pensioners will be worse off next year, even if the state pension rises by £562, experts have warned. Under the triple lock, the state pension rises in line with July’s wage growth, ...
The triple lock guarantees the state pension goes up by whichever is higher out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5% ...
Older people do not automatically receive full New State Pension payments of £230.25 each week when they retire.
ONS figures suggest the average person aged 55 to 64 has £137,800 in private pension savings. If you were to take out your ...
The state pension age is currently set at 66 for both men and women - but this is due to rise to 67, starting from next year ...
The policy has been a success, but economists have raised questions around its fairness and its sustainability.
More people are staying in work for longer, with new figures showing that retirement now comes several years later than it ...