Pensions

Pensioners were the big losers from today's Budget, with the news 4.4 million will pay more tax from April 2013, at an average loss of £83 each per year. This has been dubbed the new 'Granny Tax'.

Pensioners received a £3.3 billion blow in today's Budget as they found out they will eventually lose the higher personal allowance they enjoy in comparison to the rest of the population. This has been dubbed the new 'Granny Tax'.

"Complicated" restrictions on the Government's scheme to support the millions of workers who will be automatically placed into workplace pensions must be removed to ensure its success, MPs warned today.

Ed Miliband has called for an end to Britain's "rip-off consumer culture", insisting the Government should intervene on exorbitant charges for savings, holidays, banking and parking.

There has been a "seismic collapse" of private sector pensions and fresh incentives are needed to boost retirement savings as auto-enrolment nears, a report warned today.

As MPs today debate making financial education a compulsory part of the school curriculum, on the back of a government e-petition tabled by Martin Lewis as part of a campaign by this website, Shadow Chancellor Ed Balls (pictured, right) says young people must be taught about money matters...

The Government's plans to bring forward an increase in the state pension age to 67 have been met with dismay by elderly groups.

Automatic pensions enrolment for small businesses is to be delayed a year, Pensions Minister Steve Webb said today.