DWP unveils new rules to block pension scams and protect savers
The DWP proposes automatic blocks on pension transfers when scam warning signs appear, aiming to protect savers from losing an average of £38,400.
Category : Banking
Benefits Brits Can't Claim After State Pension Age
Upon reaching State Pension age, Brits lose entitlement to benefits like Universal Credit, JSA, ESA, and more. Learn what changes affect your income.
Lotto and Thunderball results for June 10 live
Live updates on the National Lottery Lotto and Thunderball draws for Wednesday, June 10, with a new format offering two chances to win from one line.
Everton Lose £35m PSR Battle; Newcastle Faces Fallout
Everton lost a legal dispute with Burnley over PSR breaches, ordered to pay ~£35m. Ruling could set precedent affecting Newcastle and other clubs.
State Pension Age Rise to 67 for 1960-61 Births
The state pension age is increasing from 66 to 67 for people born between April 1960 and March 1961, phased in monthly from 2026 to 2028.
Rutherglen Bank of Scotland Branch Closes This Week
Bank of Scotland closes Rutherglen branch on June 11, citing shift to digital banking. Local politicians oppose closure, citing impact on vulnerable residents.
Casemiro Key in Ederson's Man United Transition
Casemiro, with 20 days left on his Man United contract, can mentor successor Ederson, helping the Brazilian midfielder adapt to the club's pressures and culture.
UK Police Get Powers to Shut Criminal Front Businesses
New laws allow police to close vape shops, barbers, and nail salons for 12 months to combat organised crime gangs using them for money laundering and illegal activities.
Martin Lewis: pay in local currency abroad
Martin Lewis advises Brits to always choose to pay in local currency when abroad, avoiding dynamic currency conversion which can add 6-7% extra charges.
Ofgem Warns of Energy Rebate Text Scam Targeting Vulnerable Customers
Ofgem warns of scam texts offering fake £400 energy bill discount; discount is automatic, no application needed.
Lottery millionaire works two jobs over family money fears
A secret lottery winner reveals she works a job she hates and drives Uber despite millions, fearing her family's financial illiteracy.
Bank Closures Surge: Nearly 100 Branches Shutting Monthly Over Summer
Bank closures have surged to nearly 100 per month over summer, with Which? calling for a pause. Over 4,700 branches shut since 2015.
HMRC Unveils New IHT Rules Targeting Pensions from 2027
HMRC has released new details on inheritance tax changes affecting pensions from April 2027. Pensions will be included in estates, potentially triggering a 40% tax, with executors required to track down all pension assets.
Young Brits Aged 28-40 Could Get £12,548 Early Pension Payout
A think tank proposes early state pension access for Brits aged 28-40, offering £12,548 but requiring an extra year of work. Cost could reach £7 billion.
DWP Rejects WASPI Women Compensation Again
The DWP has confirmed it will not establish a compensation scheme for WASPI women, rejecting calls for payouts despite an Ombudsman's recommendation.
Warning Over Fake Banknotes Circulating: How to Spot Counterfeit Cash
Police warn of surge in counterfeit banknotes used to buy high-value items on social media; advice on how to spot fakes.
Everton ordered to pay Burnley nearly £40m compensation
Burnley wins legal dispute against Everton, which is ordered to pay nearly £40m in compensation and interest for Premier League rule breaches. Everton plans to appeal.
Lloyds Bank Resolves Card Payment Issues After Weekend Disruptions
Lloyds Banking Group fixes card payment issues affecting Lloyds, Halifax, Bank of Scotland and TSB customers over the weekend.
Cohabiting Couples Face More Disputes After Inheritance Proposal
Government plans to give cohabiting couples automatic inheritance rights may cause more family disputes, experts warn, as many misunderstand current laws.
Inheritance Change for Cohabiting Couples Risks False Security
Experts warn proposed automatic inheritance rights for cohabiting couples may create a dangerous false sense of security, as most misunderstand intestacy laws.
Nationwide Issues £100 Fairer Share to 4.4 Million Members
Nationwide Building Society confirms over four million eligible members have received a £100 Fairer Share payment, with all payouts to be completed by June 30, 2026.
Motability Slashes Mileage Allowance to 10,000 Miles
Motability cuts mileage allowance from 20,000 to 10,000 miles from July 1, with 25p per mile excess. DWP responds to concerns over impact on disabled rural drivers.
245 UK bank closures in 2026: Full list and map
Nearly 250 bank branches are closing across the UK in 2026, with Lloyds, Halifax, and Santander hit hardest. See the full map and list of closures.
Rare King Charles Banknotes Could Be Worth Thousands
King Charles III banknotes with low serial numbers could be worth up to £20,000, according to a TikTok coin expert.
DVLA Lists Benefits Qualifying for Free Car Tax
DVLA confirms benefits that qualify for free car tax exemption, including PIP enhanced rate and DLA higher rate. Eligible drivers can save up to £640 annually.
DWP Pension Scam Alert: Average Losses Hit £38,400
The DWP has announced new proposals to protect pension savers from scams, with average losses reaching £38,400 per person. The crackdown targets fraudulent pension transfers.
DWP New Pension Plans to Combat Rising Fraud Cases
The DWP has announced new pension safeguards to combat fraud, with average losses rising to £38,400 per person. The plans aim to block suspicious transfers.
DWP Tell Us Once service helps families after a death
The Tell Us Once service lets families report a death to multiple UK government departments in one go, reducing paperwork and stress during bereavement.
Martin Lewis issues private pension warning as age rises
Martin Lewis explains the private pension access age rising from 55 to 57 in 2028, urging caution against early withdrawals and highlighting key rules for those affected.
Fundraiser for Belfast knife attack hero to buy him a pint
A GoFundMe campaign has raised nearly £600 to buy a pint for Maitiu Mag Tighearnan, who intervened in a brutal knife attack in Belfast.
Page 80 of 83