Pensions

Friends or relatives can ignore requests by the Government to return overpaid state pension payments in the event of the recipient's death, as there is no legal obligation to pay the money back. 

New rules to help protect pension savers from scammers have today become law. Under the regulations, pension trustees and scheme managers will be given the power to stop suspicious transfers before cash gets into the hands of fraudsters.

A former pensions minister has urged people to use this Bank Holiday weekend as an opportunity to check if elderly relatives or neighbours are missing out on £1,000s a year in pension credit, with recent figures showing up to £1.8 billion remains unclaimed. Here's how to check if you or someone you know is eligible - and what to do if so. 

Martin Lewis has warned pension savers they could lose £1,000s, or even £10,000s, from their pension by falling foul of a trap that sees withdrawals taxed. Watch the full pensions special episode of The Martin Lewis Money Show on the ITV Hub.

State pensions are expected to rise by 2.5% next April under the 'triple lock' guarantee – meaning an increase of about £230/year for those receiving the new state pension in full.

State pensions are set to rise by 3.9% from next April – the biggest increase since 2012. 

The Financial Conduct Authority has announced new rules and plans to help make pension choices clearer for over-50s, which it says will help up to 100,000 every year. 

Pensioners who live together as a couple will only be able to make a new claim for pension credit when both partners are over the state pension age, under new rules set to come into effect in May - a change which could cost some £7,000 per year. If you'll be affected and are eligible to claim, do it ASAP to avoid missing out. 

Pension cold-calling has been made illegal from today, in a bid to tackle pension scams – here's what you need to know. 

Pension cold-calling will be banned from Wednesday 9 January, in a bid to tackle pension scams.