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Retirement expert Helen Morrissey is urging nearly one million people over State Pension age on a low income not to miss a crucial deadline to claim the £299 cost of living payment. New claims for Pension Credit made before the end of March 5, which later turn out to be successful, will also qualify for a backdated payment of the final round of cost of living support from the Department for Work and Pensions (DWP).

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Half a million frozen State Pensions and Triple Lock uprating not part of Reform UK General Election plans

Nigel Farage published Reform UK’s General Election proposals on Monday and expresses his hopes of becoming the Opposition party in the next parliament. The candidate for Clacton has set out the blueprint intended to carry him all the way to No 10 in five years’ time - or whenever it is that the next general election is called.

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Full list of older people due State Pension back payments before end of this year

The Department for Work and Pensions (DWP) recently published a new update on progress of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) exercise. The latest figures show that 97,016 people over State Pension age - mostly women - have received back payments averaging £2,192, £5,713 and £12,486, depending on their pension category.

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Full list of older women on State Pension due back payments of up to £12,500

The Department for Work and Pensions (DWP) has published a new update on progress of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) exercise. The new figures published last month show that 97,016 people over State Pension age - mostly women - have received back payments averaging £2,192, £5,713 and £12,486, depending on their pension category.

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Full list of older women on Basic State Pension due back payments from DWP this year

A retirement expert has warned that the State Pension underpayment corrections exercise is making progress, but warns it is “slow” with “a very long way to go”. Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said that new data from the Department for Work and Pensions (DWP) shows that arrears payments have been made to nearly 100,000 women due to historical errors.

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New plans to help parents boost State Pension payments due to start in two years

The Uk Government has announced further details on its plans to ensure parents and carers are able to claim National Insurance (NI) credits for years where they have not claimed Child Benefit. This will help more people to fill gaps in their National Insurance record to claim more State Pension in retirement.

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People due to retire this year could boost New State Pension payments by over £600

Retirement may be a while off for some people or just around the corner for others, but pensions expert Helen Morrissey, is urging everyone to give some serious thought to deferring making a claim for State Pension, as it could boost their annual later-life income by more than £600.

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Five pension pitfalls to look out for if you are due to retire this year

The new year has started and for anyone planning to retire this year, whether they are reaching the official State Pension age, or leaving the workforce early, retirement expert Helen Morrissey has shared five key tips that are essential to ensure financial resilience in later life.

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Five ways to top-up your current State Pension payments at start of the new year

The latest figures from the Department for Work and Pensions (DWP) show there are now 12.6 million people across Great Britain receiving State Pension payments, including 1.1 million living abroad and 992,052 in Scotland. Of that overall total, some 9.7 million people are receiving Basic State Pension payments of up to £156.20 each week, while 2.9 million are on - or due to claim - the New State Pension, which is worth up to £203.85 each week.

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State Pension top-ups surge during last year as people boost retirement payments before upcoming deadline

New figures published by the UK Government show that at the end of March, the number of people making voluntary National Insurance (NI) contributions to top-up missing or incomplete years on their State Pension surged by 85 per cent over the 2022/23 financial year.

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Five ways to maximise your current State Pension payments before end of this month

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People on New and Basic State Pension set for huge pay rise next year under Triple Lock

The Triple Lock will determine the level of uprating to be applied to the State Pension for the 2024/25 financial year and pays the highest between September’s Consumer Price Index (CPI) inflation rate, earnings growth, or 2.5 per cent.

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Five key questions people should ask as less than half feel confident they can afford to retire

New analysis by Standard Life, part of Phoenix Group, has calculated that people who want to achieve a minimum living standard in retirement, which includes enough for the basics and one week’s holiday in the UK a year but no car, require an annual income of £12,800.

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People due to claim New State Pension this year could boost annual payments by over £600

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Older people living on their own could be due £3,500 annual State Pension top-up

A new report on family spending data across the UK from the Office for National Statistics (ONS) shows that the average weekly expenditure for households aged between 65 and 74 was £455.30 in 2021/22. This amounts to around £23,000 each year.

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Older people making new claim for £3,500 income boost today could also qualify for £900 extra payment

People aged over 66 have until the end of Friday, May 19 to qualify for the £301 cost of living payment if they make a new claim for Pension Credit which later turns out to be successful. The means-tested benefit is worth more than £3,500 each year on average and acts as a gateway to additional help for heating bills, housing costs and Council Tax discounts.

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Older people living on their own could be due £3,500 annual State Pension top-up

State Pension payments increased by 10.1 per cent on April 10 for millions of older people across Great Britain, including more than one million living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, it is estimated that over 1.8million pensioners living on their own have an income of less than £100 per week.

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Women over State Pension age could be due up to £11,500 in back payments this year

The latest release from the Department for Work and Pensions (DWP) into State Pension underpayment errors shows that between January 2021 and February 2023, the administration exercise identified 46,716 cases owed a total of £300.1 million. The previous update issued in November 2022 indicated that 31,817 underpayments had been identified and £209.3 million repaid to claimants.

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Married couples over State Pension age could be due weekly income boost of up to £306 from April

State Pension payments are set to increase by 10.1 per cent from April for some 12.6million people across Great Britain, including 992,052 living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, it is estimated that around 1.8 million pensioners are receiving less than £100 per week in State Pension payments.

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New claims for Pension Credit increase as more older people apply for £3,50 income boost

New figures released by the Department for Work and Pensions (DWP) show that at the end of August 2022, there were 1.4 million people receiving Pension Credit, representing a total of 1.6 million beneficiaries in total, including partners.

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Married couples over State Pension age could be due weekly income boost of up to £306 from April

State Pension payments are set to increase by 10.1 per cent from April for merely 12.5 million people across Great Britain, including 992,052 living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, it is estimated that over 1.8 million pensioners are receiving less than £100 per week in State Pension payments.

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Half a million frozen State Pensions and Triple Lock uprating not part of Reform UK General Election plans

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