Mixed age couples could lose £10,000 a year in pension credits

Mixed age couples could lose £10,000 a year in pension credits

A government change to the way pension credits are paid out could mean more than 60,000 mixed age couples could lose up to £10,000 a year. Research by the Pensions Policy Institute (PPI) has revealed that the income for mixed age couples on low incomes could be slashed by up to 45%. Pension credits Pension …

Shock pension scam robs two pensioners of £1 million each

Shock pension scam robs two pensioners of £1 million each

Two British pensioners have been robbed of more than £1 million each through a series of elaborate pension scams say Action Fraud. The identities of the two individuals is being protected by police, but it is known they lost their life savings over two years to June 2018. Devastating Pauline Smith, director of Action Fraud, …

900.000 British ex-pats could be frozen out of triple lock pension

900.000 British ex-pats could be frozen out of triple lock pension

For years more than half a million recipients of a UK state pension living abroad have been frozen out of receiving the triple lock benefits enjoyed by pensioners still resident in Britain. But after Britain leaves the EU at the end of March another 900,000 could find themselves out in the cold when the treaties …