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Displaying items by tag: pensioners

Wednesday, 16 October 2019 12:53

State Pension set for 4% boost from April

The State Pension is set to see a significant boost in April with an increase predicted to be around 4%. 

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Analysis of Government figures by pension and investment firm Aegon has found there are 840,000 retired couples in the UK who have a weekly income which would cost more than £1.15m if bought as an annuity.
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New research from The Nottingham Building Society has revealed that 39% of retired people in the UK claim that they are having the best time of their lives since they stopped working.
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Pensioners have higher incomes on average than the rest of the population for the first time, the Institute for Fiscal Studies has reported.
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Wednesday, 23 September 2015 12:06

Pensioners paying over £17.5bn in tax every year

Pensioners in the UK pay a total of more than £17billion in income tax every year, according to new analysis.
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Pensioners will have £15 more in 2020 than they need every week to afford a decent standard of living, according to a report assessing the impact of the summer Budget.
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Thursday, 03 September 2015 12:17

'Thousands of pensioners could be left penniless'

Thousands of pensioners could be left penniless and spending their retirement in poverty, a saving provider has warned, following news that savers have withdrawn £2.5billion since the reforms took effect.
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