Disability minister doesn’t deny PIP will face Labour cuts | Personal Finance | Finance

Fears are mounting over the possibility of cuts to Britain’s welfare system, particularly after a disability minister did not rule out reductions to Personal Independence Payments (PIP) and other benefits…

‘I applied for a mortgage at 55 – this part of the process surprised me’ | Personal Finance | Finance

A 55-year-old woman from Staffordshire was left surprised after having her new mortgage application approved in just 12 minutes. Now, she is telling people in a similar situation to “just…

Rachel Reeves could send State Pensioners ‘into poverty’ with ‘ludicrous double whammy’ | UK | News

Older Britons will be plunged into poverty if the  tax threshold remains frozen, a campaigner for pensioners’ rights has warned. Dennis Reed told FTAdviser: “Many more pensioners across the country…

Pension industry should be ‘ashamed’ as savers left clueless about their funds | UK | News

At least 30 million people in the UK do not know where their pension is or how much they have got, and the pension industry should be ashamed, a leading…

The easy switch Brits are urged to do when using electricity-guzzling appliance | Personal Finance | Finance

Making this one swap could help you save money on your energy bills and it’s an easy way to save money. A home heating expert has shared the best green…

Benefits demand could be linked to worsening ‘deaths of despair’

Since the pandemic, Britain’s mental health has taken a steep downturn, which has now been tied to the rise in disability benefit claims, according to a new report by the…

Disabled people ‘frightened’ as Reeves set to take axe to DWP benefits | Personal Finance | Finance

Disabled people are “frightened” of what might happen when Rachel Reeves makes what are expected to be cuts to the benefits system, according to members of her own party. On…

Labour is still plotting state pension age hike – and this proves it | Personal Finance | Finance

Pensions minister Torsten Bell has acknowledged that the government may need to rethink state pension age hikes due to slowing life expectancy growth. As the Express reported on Thursday, Bell…

Rachel Reeves inheritance tax warning – protect your pension from IHT | Personal Finance | Finance

In her autumn Budget, Reeves announced that she would charge IHT on unused defined contribution pension pots from March 2027. Currently, inherited pensions are exempt from IHT, although beneficiaries may…

Pensions expert reveals when state pensioners will be paid over £1,000 | UK | News

The state pension is due to rise to £230.25 a week in April from £221.20. This means state pensioners will get £11,973 a year, Richard Smith, an independent consultant who…