Pensions

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.

Government figures released today show that up to an estimated £10.1 billion of pension credit, housing benefit and income support were left unclaimed in a single year.

A new initiative is being trialled to help workers build emergency savings for unexpected bills and events, in the same way they add to their pension pots.