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 reduce it. The idea was put forward by Steven Cameraon, pensions director at Aegon, with […]

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 are in line for the reduction, according to HMRC. The Chancellor Jeremy Hunt cut National Insurance on pay from 12 […]

The DWP has issued a response to calls for the state pension age to be lowered to 63. The idea was put forward by Steven Cameraon, pensions director at Aegon, with those who cannot work because of ill health or caring responsibilities given the option to take their state pension “up to three years earlier”. […]

Banking giants are launching a fight back against claims they were involved in earning commission on car loans that cost drivers tens of billions of pounds. It is alleged that brokers selling car loans to people buying a new vehicle inflated the interest rates in order to grab hidden commissions. Many of the big banks […]

As online shopping continues to dominate the high street experts have found the best ways to ensure you are getting the most out of your money when browsing the internet. Aktug Dogan, an online shopping expert at Refermate, has provided his top tips for people looking for discount codes and advice on how best to […]

The lifetime allowance, or LTA, is a bad tax. It makes no sense. It should have been scrapped years ago. Finally, Chancellor Jeremy Hunt did the right thing and got rid of it. Hunt announced the move in last year’s Budget in March 2023. The pensions lifetime allowance was dropped on the first day of […]

PIP claimants receiving support due to suffering from one of 25 ailments and health conditions will – potentially – be getting an extra £737 a year from Monday. The Department for Work and Pensions (DWP) is increasing the Personal Independence Payments (PIP) by 6.7 per cent as part of the annual review of benefits. The […]

WASPI campaigners have voiced their frustration after pensions minister Mel Stride refused to commit to Government action on the issue. The Work and Pensions Secretary was asked on ITV’s Good Morning Britain if there will be a decision soon on whether or not to provide WASPI state pensioners the help they are demanding. The senior […]

Nearly five million people are not making the most of their money as £43billion is currently sitting in low interest ISAs. There are almost five million instant access cash ISA accounts held earning low rates in the UK with an average balance of over £8,500, analysis from Yorkshire Building Society and CACI suggests. These ISAs […]

Newcastle has been named as the UK city where people are least likely to lend money to loved ones after 14 percent of respondents to research said they would not lend cash to family and friends. A further 16 percent of Newcastle residents responded that they would “maybe” consider loaning out the funds, new research […]