The UK State Pension is divided into two main schemes: the basic State Pension and the new State Pension, each offering different weekly and annual payout rates. The scheme a person qualifies for depends largely on their date of birth and when they reach State Pension age. Who Qualifies for the New State Pension? Individuals […]
If you’ve reached State Pension age and are living with a long-term illness, disability, or health condition, you may qualify for up to £1,362 every month in additional financial support. Available through two separate schemes—Attendance Allowance (AA) and Pension Age Disability Payment (PADP)—these are paid on top of your pension to help you stay independent and manage extra daily costs. With 1.7 million […]
The UK Government is reconsidering the future of retirement, with a bold proposal that could see the State Pension age rise to 70. This potential shift is being discussed in response to the increasing financial strain caused by an ageing population and the cost of maintaining the triple lock pension guarantee. If implemented, the move would mark a […]
