Watching TV can be one of life’s simple pleasures, but did you know you might be entitled to a free or discounted TV licence? Whether you’re over 75, registered blind, or living in residential care, there are options to reduce or eliminate the cost of your TV licence. Here’s everything you need to know. Free Continue reading
retirement
CPP Adjustments: How Much will CPP Increase in Jan 2025
The Canada Pension Plan (CPP) ensures that Canadians’ retirement benefits keep pace with the rising cost of living. Each year, adjustments to CPP payments are based on changes in the Consumer Price Index (CPI). Let’s dive into how this works and what you can expect in 2025. CPP Rate Adjustments: Keeping Up With Inflation CPP Continue reading
How Can You Avoid CPP and OAS Clawback in 2025?
If you’re receiving CPP Canada Pension Plan benefits, you may wonder whether you’ll eventually face the Old Age Security (OAS) clawback. The OAS clawback is a reduction of $0.15 for every dollar of income you earn above $90,977 (as of 2024). Once your income reaches $149,000, your OAS payments are fully clawed back, leaving you Continue reading
Should You Top Up Your State Pension? A Guide to Maximizing Benefits for a Secure Retirement
As you approach or enjoy retirement, ensuring you get the full state pension you’re entitled to can make a significant difference in your financial well-being. If you discover shortfalls in your National Insurance (NI) record, you may have the option to top up your contributions. However, with substantial costs and tight deadlines, it’s crucial to Continue reading
State Pension Age Compensation Plan: DWP Responds to WASPI Petition
The Department for Work and Pensions (DWP) has issued a response to an online petition by the Women Against State Pension Inequality (WASPI) campaign, which demands compensation for women born in the 1950s who were affected by changes to the State Pension age. The petition has garnered more than 132,000 signatures, crossing the threshold to Continue reading
New Rules for Disability Benefit Assessments 2025 Could Bring up Some Big Changes Aims to Save £3 Billion
As Rachel Reeves prepares Labour’s upcoming Budget, significant changes to disability benefit assessments are on the horizon. The Treasury reportedly seeks to cut £3 billion from the welfare bill, with reforms to the Work Capability Assessment (WCA) central to these plans. While advocates call for meaningful reforms, critics warn of the devastating impact these changes Continue reading
DWP Christmas Bonus Payment December 2024 Provide Extra Support During the Festive Season
Thousands of benefit claimants across the UK are set to receive the Department for Work and Pensions (DWP) Christmas bonus, a small £10 payment intended to provide extra support during the festive season. However, campaigners argue the payment—unchanged since its introduction in 1972—has failed to keep pace with modern financial realities, leaving vulnerable groups in Continue reading
Key December 2024 Benefit and Pension Updates: What You Need to Know as PIP and DLA Payments Increase
As the cost-of-living crisis continues to grip millions across the UK, December brings crucial updates for benefit and pension recipients, including payment dates, increased support measures, and essential financial assistance programs. Here’s everything you need to know about this month’s changes and the support available to help households during these challenging times. December Benefit and Continue reading
Carer’s Allowance Overpayment Debt Soars to £250m: What This Means for Unpaid Carers
Outstanding overpayment debt for Carer’s Allowance surged to £250 million last year, a rise of £100 million since 2018/19, according to the National Audit Office (NAO). This sharp increase has highlighted the challenges within the system, with many unpaid carers now facing financial hardship as they are forced to repay thousands of pounds in overpaid Continue reading
Unlock £600 in Supermarket Vouchers: A Lifeline for Struggling UK Households This Christmas
As the festive season approaches, thousands of UK households facing financial challenges can access vital support through government-funded supermarket vouchers. These vouchers, valued at up to £600, are part of the Household Support Fund—an initiative aimed at alleviating the financial pressures on families during these difficult times. With major retailers like Tesco, Asda, and Sainsbury’s Continue reading