News
Potential ‘missteps’ with excess concessional contributions
2+ day, 12+ hour ago (634+ words) Tim Howard, technical consultant with BT Financial, said as caps rise and age‑based rules tighten, the margin for error is shrinking and the financial impact of getting it wrong is becoming increasingly severe. “From a strategy perspective, most problems…...
Money Diaries: A charity policy coordinator on €36K living in Dublin
3+ day, 4+ hour ago (1149+ words) WELCOME TO HOW I Spend My Money, a series on The Journal that looks at how people in Ireland really handle their finances. Are you a spender, a saver or a splurger? We’re asking readers to keep a record of…...
This Is the Pension After 40 Years at a Company
1+ hour, 33+ min ago (845+ words) TOKYO - A 65-year-old man who spent 40 years working for a company was shocked to learn that his pension would amount to 168,000 yen a month, raising fresh concern over whether retirees in Japan can live on public pension payments alone. The…...
Universal Credit claimants could get benefits boost to combat State Pension age rise
1+ hour, 48+ min ago (559+ words) A cross-party committee of MPs has called on the Government to urgently increase Universal Credit payments for some 66-year-olds as the State Pension age continues rising from 66 to 67. The warning comes amid fears that tens of thousands of older people…...
Halifax customers must 'do one thing' before Lloyds axes brand
3+ day, 4+ hour ago (515+ words) E-mails have been sent to Halifax customers urging them to do one thing before Lloyds axes the brand. The Halifax brand is being scrapped after 173 years, with all customer accounts to be rebranded to Lloyds. Lloyds Banking Group, which has…...
Why Universal Credit could rise for 66-year-olds before 67
12+ hour, 13+ min ago (1127+ words) Home — Finance — Why could Universal Credit rise for 66-year-olds before State Pension age The Work and Pensions Committee says the benefits system does not adequately recognise the circumstances of people in the final year before State Pension age. The committee…...
Major UK building society issues mortgage warning for millions
3+ day, 11+ hour ago (397+ words) Yorkshire Building Society has issued a mortgage warning as the UK faces a so-called “lost generation of homeowners”. The mutual’s latest report, ‘No way home? Restoring Britain’s Housing Ladder’, found 88% of UK adults believe homeownership is important. While 76% of people…...
EDF and EON make energy bill change - and customers could save £315
3+ hour, 37+ min ago (352+ words) EON and EDF have launched a standing charge trial - with customers set to benefit. The firms, which serve Birmingham households, have launched experimental 'low Standing Charge' tariffs for a limited number of customers. Standing Charges – which you pay just for…...
Lloyds Bank issues fresh guidance to Halifax customers being brand is axed
4+ day, 2+ hour ago (326+ words) Lloyds Bank has written to Halifax customers explaining its axing of the iconic brand. Lloyds, which has branches in Birmingham, will axe Halifax from UK high streets next year. In an email to customers, the banks confirmed: "Over the next…...
Martin Lewis explains £68.90 state pension boost for those who might miss out
18+ min ago (416+ words) Martin Lewis has been explaining state pension and national insurance matters(Image: ITV) Mr Lewis was answering a query from a listener to his show about a relative approaching their 40s who had never worked, claimed benefits or built up any…...