Trans women granted backdated state pension in UK
‘If you are due something, it’s well worth taking the time to claim it’
DWP
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HMRC lacks data on pension annual allowance breaches
While DWP under fire for £1bn in underpaid pensions
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Pensions triple lock quietly shelved for 2022/23
As prime minister tacks 1.25% tax onto share dividends
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UK chancellor canvasses MPs on triple lock suspension
A strong hint that the Conservative party could soon abandon manifesto pledge to pensioners
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Call to review tax-free pension lump sum
Withdrawing the entire pot to access 25% puts the rest at risk of stagnating
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DB transfers face further hurdles in bid to stop scams
But warnings that DWP’s plan could push market ‘back into the dark ages’ and ‘cause serious consumer detriment’
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UK refuses to uprate expat pensions in Canada
Move deemed ‘disappointing’ and a ‘staggering betrayal’ by activists
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Australia and Canada demand end to UK ‘frozen’ pensions
Regime is leaving thousands of retired British expats under serious financial strain
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Majority of retirees transferred pensions despite scam warnings
Removing statutory right in some cases a ‘key defence’ against fraudsters
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Giving pension trustees more powers will not stop scams
As retirees are still at risk after transferring out of their DB schemes
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85 UK firms investigated over pension scams
Six have already agreed to review their permissions as a result
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Pensions dashboard to cost providers ‘millions’
Inconsistency of data and information compliance could be the next big headache for the sector