The Department for Work and Pensions (DWP) has unveiled a new online portal to assist those on legacy benefits as they transition to Universal Credit. The ‘Move to Universal Credit’ website, which replaces the previous ‘Understanding Universal Credit’ site, provides crucial information for claimants who will receive a Managed Migration letter before their legacy benefit […]
Britons have been urged to do a state pension check as it could be the ‘best decision’ for their retirement. A person may be able to increase their state pension entitlement by voluntarily paying National Insurance (NI) contributions, to cover gaps in their record. Alice Haine, personal finance analyst at Bestinvest by Evelyn Partners, said […]
Small business owners are coming up with increasingly creative ways to reduce their energy usage – such as ditching hand driers, and installing air fryers. A study of 500 SMEs, with between five and 50 employees, found 78 percent have adopted more cost-saving working practices over the last 12 months, to reduce their energy usage. […]
WASPI campaigners have vowed to continue piling pressure on the Government after a bill to secure compensation was delayed. The bill to set out a compensation scheme for the WASPI (Women against state pension inequality) women was scheduled to have its second reading today (April 19). But this has now been pushed back until May […]
The Institute for Fiscal Studies (IFS) has called for reforms in inheritance tax that would raise £3 billion a year. It argues that a number of exemptions to the tax(IHT) should be removed, which would result in people being able to pass on less of their wealth to loved ones. These exemptions relate pension scheme […]
People across the UK may still be entitled to cost of living payments from the Department for Work and Pensions, with those that didn’t claim the funds initially potentially missing out on £950. One claimant posted about their success in claiming £950 on BirminghamLive’s Facebook Cost of Living group after they submitted an online form […]
One in ten Brits end the month with £0 in their bank account, new research has found. Brits are struggling to navigate the monthly payday cycle and put money aside, with the rising cost of groceries (43 percent), bills (38 percent) and stagnating salaries (24 percent) representing the three biggest financial barriers to saving money. […]
An MP calling for the WASPI generation (Women against state pension inequality) to get compensation has slammed the DWP for its lack of action on the issue. SNP MP, Richard Thomson, told Express.co.uk the WASPI campaign is probably the issue he has most been contacted by constituents about since being elected. He said: “There will […]
A survey has disclosed that one in 10 individuals typically have less than £25 remaining in their current account at the end of each month after sorting out their bills. Moreover, two-fifths (38 percent) of people generally have less than £100 left and three quarters (75 percent) will have under £500 by month end, according […]
Martin Lewis has sounded the alarm as savers have just days to claim £175 in free cash. First direct currently has a £175 switching offer to savers joining the bank using the Current Account Switching Service. Mr Lewis told listeners to his BBC podcast: “A few weeks ago, there were five banks willing to pay […]
