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 …

HMRC forced to repay £38 million on pensions

HMRC forced to repay £38 million on pensions

Her Majesty’s Revenue & Customs (HMRC) has been forced to repay £38 million for excess tax levied on pension withdrawals in just three months. Data released by HMRC shows that there have been 18,353 successful applications for overpaid tax between July 1st and September 20th and the average refund was £2,000. Total reclaimed This is …

Is your pension part of the ‘lost’ £20 billion?

Is your pension part of the ‘lost’ £20 billion?

Could you be losing out on £13,000 in lost pension contributions – part of the £20 billion sitting unclaimed by savers across the country? The Association of British Insurers (ABI) estimates that around 1.6 million pension pots remain unclaimed, but the number could be even higher because their researchers didn’t look into public service pensions …