MoneySavingExpert News

Pensions

State pension boosting to become easier as new online tool to launch within six months

A new online service designed to simplify how you check and pay for voluntary national insurance contributions is due to launch before the end of this financial year, the Government has confirmed to MoneySavingExpert.com.

8 April 2024

Getting the state pension? Don't bin an HMRC letter that may be worth £10,000s – it's NOT a scam

If you're getting the state pension and receive a letter from HM Revenue and Customs in the post, DON'T bin it. It's not a scam, and it could help you boost your pension by £10,000s.

17 October 2023

Workers aged 18+ could benefit from a hidden pay rise in future as new pension auto-enrolment rules get the go-ahead

Workers aged 18 and above may benefit from a 'hidden' pay rise in future as the Government now has the power to lower the age limit to be automatically enrolled into workplace pensions from 22 to 18.

19 September 2023

Warning: 100,000s who took time off work to look after kids could be owed £1,000s in state pension payments – what you need to know

You don't need to do anything for the time being, though you will need to claim your missing state pension payments later this year.

13 July 2023

State pension boosting deadline extended again to April 2025 – here's what you need to know

The deadline to top up missing national insurance years between 2006 and 2016 has been extended for a second time – now to 5 April 2025 – and the price of doing so will remain frozen at current costs during this period.

12 June 2023

Budget 2023: Tax-free pension limits raised - here's what it means for your savings

The annual amount you can save into a pension once you've taken money out of it will rise from £4,000 to £10,000 this April.

21 March 2023

Budget 2023: Martin Lewis rounds up today's key announcements and what they mean for your finances

Chancellor Jeremy Hunt has announced major changes to childcare support, pensions and benefits in his 2023 Spring Budget.

17 March 2023

Crucial deadline to boost your state pension extended to 31 July – here's what you need to know

The deadline to top up missing national insurance years between 2006 and 2016 has been extended to 31 July 2023.

7 March 2023

Martin Lewis: Less than six weeks left for millions to boost their state pension by £10,000s – and some can do it for free

If you're aged under 70, you have just weeks left to boost your state pension by £1,000s or even £10,000s – so check NOW.

7 March 2023

Pensioners expecting a winter cost of living payment should now have received theirs – here's what to do if you haven't

Nearly 12 million pensioners should have received their £150 or £300 cost of living payment by today, the Government has said. The non-repayable grants were paid as part of the existing Winter Fuel Payments scheme starting in November last year.

13 January 2023