Labour is facing mounting calls to permit individuals to access their state pension up to three years early as the future of the triple lock guarantee comes under the spotlight.
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Britain faces a bleak fiscal outlook unless urgent action is taken to rein in welfare expenditures, according to a warning from the world’s largest bank ahead of the November Budget.
Speculation over possible government cuts to the tax-free lump sum allowance has sent shockwaves through Britain’s pension sector, with industry leaders warning against rumour-fuelled withdrawals and urging the Chancellor to
The triple lock on the UK state pension is back in the spotlight as new figures suggest payments could increase significantly from next April. This decadesold mechanism determines how much
Official figures released by the Office for National Statistics indicate signs of growing softness in the UK labour market. August saw a reduction of 8,000 in monthly payroll numbers, pushing
The state pension in the United Kingdom is on track to see a 4.7 per cent rise next year, driven by robust earnings growth and the government’s continued commitment to
The government has reaffirmed its commitment to the state pension triple lock, amid ongoing pressure to address potential affordability issues. Torsten Bell, the newly appointed pensions minister and secretary to
