Category : Search result: private sector pensions


Retirees Face £1bn Pension Tax Shock from HMRC

HMRC is accused of 'highway robbery' as new data reveals over 10,000 pensioners a month are hit with emergency tax on withdrawals, with many waiting months for refunds. Experts demand urgent reform to the 'cruel' system.

Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

Soho House Goes Private in Major $1.1bn Deal

Exclusive members' club Soho House has de-listed from the stock market in a major shift. Discover the implications for its global membership and the future of private hospitality.

Liz Kendall urged to fix 'unfair' pension rules

New Work and Pensions Secretary Liz Kendall faces immediate pressure to reform the 'net pay' pension anomaly, which unfairly penalises low-earners saving for retirement. Campaigners demand swift action to end this injustice.

£7600 Pension Gender Gap Exposed in UK

A damning new report exposes a massive £7600 annual pension divide between men and women in the UK, highlighting a severe retirement crisis for female workers.

Wes Streeting Under Fire Over NHS Privatisation Plans

Shadow Health Secretary Wes Streeting is embroiled in a major row after unions and medical professionals demand he 'comes clean' on plans to use private healthcare providers within the NHS, raising fears of a move towards American-style healthcare.

UK GDP grows 0.4% in Q2 2024

The UK economy expanded by 0.4% in the second quarter of 2024, marking a modest recovery after earlier stagnation. Key sectors like services and production drove growth, though challenges remain.

Pension pots may lose inheritance tax protection

Millions of workers face a potential inheritance tax bombshell as pension pots may no longer be exempt if passed on after retirement. Experts warn of significant financial implications for families.

DWP Sends Urgent Letters to Pensioners

Thousands of pensioners are receiving urgent letters from the DWP about potential changes to their payments. Here’s what you need to know.

State Pension claimants hit with surprise tax bills

New figures reveal that over 8,500 people claiming the State Pension for the first time were hit with surprise tax demands from HMRC. Experts warn retirees to check their tax codes to avoid unexpected bills.

State pension could rise by £900 next year

Millions of UK pensioners could see their state pension payments rise by up to £900 next year thanks to the triple lock guarantee. Here's what you need to know.

State Pension benefit clash explained

Millions of Brits face a critical choice as overlapping State Pension and certain benefits is not allowed. Here's what you need to know to avoid financial pitfalls.

DWP confirms £8,300 State Pension boost

The Department for Work and Pensions (DWP) has announced a significant increase in State Pension payments, with some retirees set to receive over £8,300 annually. Find out if you qualify for the uplift.

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