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....In the UK the state pension age is due to rise from 65 in 2018 to 68 by 2046. A report for the Department for Work and Pensions earlier this year has suggested that workers under 30 may not get a state pension until they are 70. ... [Read full article on BBC ]
Friday 26th of May 2017 12:02:45 PM
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.... Many people may not realise they will not receive the full payment until just a few months before they start drawing income, as that's when paper projections are posted out. The Department for Work and Pensions said people over the age of 55 should be checking whether they are on track to receive the full-state pension. ... [Read full article on Daily Express ]
Saturday 27th of May 2017 09:01:00 AM
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Latest Finance News related to Department For Work And Pension

REVEALED: Trick to boost state pension in loophole that could soon be closed - ex-minister image
.... Many people may not realise they will not receive the full payment until just a few months before they start drawing income, as that's when paper projections are posted out. The Department for Work and Pensions said people over the age of 55 should be checking whether they are on track to receive the full-state pension. ...
Call to raise retirement age to at least 70 image
Source : BBC [Read Article] Friday 26th of May 2017 12:02:45 PM
....In the UK the state pension age is due to rise from 65 in 2018 to 68 by 2046. A report for the Department for Work and Pensions earlier this year has suggested that workers under 30 may not get a state pension until they are 70. ...
State pension chaos: Near impossible to know entitlement, say experts image
Source : Daily Express [Read Article] Thursday 11th of May 2017 01:07:00 PM
....“During the lengthy transition period, it is almost impossible for an individual to work out for themselves what they are entitled to. "So it’s very important to ask for a projection of what you’ll receive from the Department for Work and Pensions. ...
Sent on an hour’s drive in pursuit of jobseeker’s claim image
Source : Guardian [Read Article] Thursday 20th of April 2017 06:00:19 AM
....It turns out it wasn’t the “system” that forced you across country, but good old “human error”. The official who called you after I contacted the Department for Work and Pensions told you that when she made an experimental phone call to the claims line she was given the same information as you – that residents with your postcode had to travel to Plymouth. ...
Peers push to reverse bereavement benefit changes image
Source : Guardian [Read Article] Thursday 6th of April 2017 01:53:48 PM
....“My lords, what is our national insurance welfare state for, if not to support families properly in such tragic circumstances?”. Lord Henley, a junior minister at the Department for Work and Pensions, said he would relay her concerns to Green, but stressed that the changes had been consulted on twice and would be reviewed again. ...
Help us fix Brexit labour shortage with Saturday jobs, say employers image
Source : Guardian [Read Article] Saturday 1st of April 2017 12:23:10 PM
.... There are still ways in which you can make a young person feel they have some control. ’ The DWP [Department for Work and Pensions] has failed to put anything in place so it looks like the work placements will be organised by Jobcentre Plus. ...
‘Cruel’ benefit cuts put pressure on grieving families image
Source : Guardian [Read Article] Saturday 1st of April 2017 05:59:17 AM
.... Instead, more support is being offered to childless widows and widowers, especially those under 45, who will be potentially able to claim an extra £2,300 tax-free. A Department for Work and Pensions spokesman says: “We provide bereavement benefits to compensate for a sudden loss of income. ...
Watchdog finds £3bn in child support arrears may never be collected image
Source : Guardian [Read Article] Tuesday 28th of March 2017 05:01:19 AM
....At least £3bn in child maintenance payments ordered by the former Child Support Agency (CSA) may never be paid, the Whitehall spending watchdog has said. According to a National Audit Office (NAO) report, three-quarters of the £4bn in payments owed by absent parents – some dating back more than 20 years – are considered “uncollectable” by the Department for Work and Pensions. ...
State pension age could be raised to 70, says report image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:05:44 AM
....Two separate reports for the government have raised the possibility that millions of people may have to work longer to qualify for a state pension. An analysis for the Department for Work and Pensions (DWP) has suggested that workers under the age of 30 may not get a pension until the age of 70. ...
Tax credit 'rape clause' becomes law without parliamentary vote image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:57 PM
....Alison Thewliss, the SNP MP who first highlighted the issue of the clause, led a furious response to the idea, saying it was an “underhand parliamentary tactic” to introduce the measure without proper parliamentary scrutiny. She also described the fact that the Department for Work and Pensions (DWP ) had introduced the scheme apparently without having trained any of the people who will judge whether someone claiming the exemption had been raped as “frankly astonishing”. ...
Household incomes crept up last year, DWP figures show image
Source : BBC [Read Article] Thursday 16th of March 2017 11:20:14 AM
....Average household income rose by 1. 4% in 2015-16 after adjusting for inflation, new data from the Department for Work and Pensions (DWP) shows. ...
Elderly 'hit by line rental charges' image
Source : BBC [Read Article] Thursday 16th of March 2017 11:00:38 AM
...."We. are working with BT, the Department for Work and Pensions and other organisations to raise awareness," Ofcom said. ...
Pret a Manger: just one in 50 job applicants are British, says HR boss image
Source : Guardian [Read Article] Wednesday 8th of March 2017 05:36:24 PM
.... We need to work with education, career services, with parents, to find ways to collaborate,” she said. Her comments echoed those made by Kevin Green, the chief executive of the Recruitment and Employment Confederation, at the Department for Work and Pensions select committee. ...
Lack of pension equality for same-sex couples 'is sexual discrimination' image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:05:48 PM
.... It argues that the exemption is discriminatory. Innospec’s opposition to paying the larger sum is supported by the Department for Work and Pensions. ...
Universal credit cuts hit families with children hardest, study finds image
Source : Guardian [Read Article] Wednesday 1st of March 2017 10:00:46 AM
....”. However, a spokesman for the Department for Work and Pensions said work was the best way out of poverty and people on universal credit moved in to work fast and stayed in work for longer. ...
Scam warning: How investment fraudsters are adopting THESE tactics to target over-55s image
....”. HM Treasury and the Department for Work and Pensions recently set out proposals to tackle the growing number of pension scams, such as a ban on pension cold-calling and making it harder to set up fraudulent schemes. ...
'Employers are missing out' image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:56:58 AM
....". The Department for Work and Pensions told us that funding is available through the government's Access to Work scheme to pay for equipment or support that a disabled person might need in the workplace. ...
Work till you drop: when will you retire — and do you want to? image
Source : Guardian [Read Article] Monday 30th of January 2017 08:01:23 AM
.... “I am very well-qualified, and experienced in the investigation of corporate financial crime but I can’t get work, which I think is only because of my age,” said Philippa, who asked me not to use her surname. For the past nine months, she has had to attend a two-year “work programme” sponsored by the Department for Work and Pensions three times a week. ...
Highly paid part-time roles on the up as employers embrace job shares image
Source : Guardian [Read Article] Monday 30th of January 2017 12:01:38 AM
.... They began working as a job share partnership three years ago and moved together to the bank from another firm last year. The other job shares on this year’s power list were at the charity Age UK, at the Home Office, Croydon council, the Department for Work and Pensions, the Ministry of Defence and the Scottish government. ...
Young and bereaved – and now facing cuts to crucial financial support image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
....”. The Department for Work and Pensions (DWP) has calculated its reforms will save the government £40m a year from 2020. ...
Jobcentre staff at risk amid plans to close one in 10 offices image
Source : Guardian [Read Article] Thursday 26th of January 2017 03:10:11 PM
....The government is planning to close more than one in 10 jobcentres around the UK, with the loss of up to 750 jobs. The Department for Work and Pensions would not say how many of the 714 offices would close, but unions said it was more than one in 10 locations in England, Wales and Scotland. ...
Housing benefit claimants increasingly shut out of private rental market image
Source : Guardian [Read Article] Saturday 21st of January 2017 07:00:28 AM
.... Check out the rental listings on websites such as Rightmove, or press your nose against the window of your local lettings agent, and you will often see “No DSS”. It means the landlord or agent won’t rent a property to someone on housing benefit or local housing allowance, though some younger readers might not even know what “DSS” stands for (it’s Department of Social Security, and was replaced by the Department for Work and Pensions 16 years ago). ...
The social divide image
Source : BBC [Read Article] Tuesday 10th of January 2017 03:09:34 PM
....From 2006 to 2014, there was a small increase in overall wealth inequality, with property wealth having the biggest effect. Housing costs are a particular issue - the Department for Work and Pensions calculates a Gini coefficient for income distribution that takes housing costs into account. ...
Household debt rises to post-credit crunch high image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:26:03 AM
....He explained that about half of creditors tended to give debtors time to regain control of their finances, but if there are multiple creditors that relies on all of them doing the same thing. These may be debts to High Street banks, credit card firms, local authority council tax departments and even the Department for Work and Pensions. ...
Private firms earn £500m from disability benefit assessments image
Source : Guardian [Read Article] Tuesday 27th of December 2016 06:00:04 AM
....Two private firms have earned more than £500m in taxpayers’ money for carrying out controversial disability benefit assessments. The Department for Work and Pensions (DWP) paid Atos and Capita £507m for personal independence payment (PIP) tests between 2013 and 2016, despite fierce criticism of their services by MPs. ...
Pensions Regulator needs stronger powers, MPs say image
Source : BBC [Read Article] Wednesday 21st of December 2016 12:16:28 AM
...." . A Department for Work and Pensions spokesperson said the government would publish a Green Paper on pension funding next year and examine the powers of the pensions regulator. ...
Sir Philip Green could face £1bn BHS fine under MPs' plan image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:00:02 AM
.... There are 5,794 defined benefit pension schemes in the UK. In response to the report, a spokesperson for the Department for Work and Pensions said: “The majority of employers are managing their pension schemes responsibly but a few recent examples have raised some important questions. ...
Government criticises 'inefficient' debt and pensions advice bodies image
Source : Guardian [Read Article] Monday 19th of December 2016 05:30:19 PM
....However, this new organisation will not come into being until autumn 2018 at the earliest and the three bodies will continue to operate until then. In a consultation document, the Treasury and the Department for Work and Pensions were critical of the existing arrangements, saying: “There are gaps in the guidance available to consumers and duplication of content between MAS, TPAS and Pension Wise. ...
Government Digital Service faces a brain drain image
Source : BBC [Read Article] Thursday 15th of December 2016 08:51:44 AM
.... . Stephen Foreshew-Cain, who took over from Mr Bracken as head of the service, was replaced by Kevin Cunnington, the former business transformation director general at the Department for Work and Pensions, in August. ...
Unpaid benefits at record level image
Source : BBC [Read Article] Friday 9th of December 2016 01:28:03 PM
....7bn in benefits was not paid to those entitled to the money in 2015-16 owing to fraud and error, a new record rate of underpayment. An increase led to 1% of benefits being unpaid during the year, Department for Work and Pensions figures reveal. ...
Study finds 7m Britons in poverty despite being from working families image
Source : Guardian [Read Article] Wednesday 7th of December 2016 12:01:15 AM
....”. A spokeswoman for the Department for Work and Pensions said: “Since 2010, the number of people living in poverty has fallen by 300,000, but we know there’s more to do. ...
Pension age may be about to rise again, says former minister image
Source : Guardian [Read Article] Monday 28th of November 2016 12:01:14 AM
....The government may be preparing to increase the official state pension age to 70 for millions of people currently in their 20s, a former minister has claimed. Steve Webb said documents produced by the Department for Work and Pensions suggested a “more aggressive” timetable on state pension age (SPA) increases than previously planned was being prepared. ...
'Just about managing' families to be £2,500 a year worse off by 2020 – study image
....The former work and pensions secretary Iain Duncan Smith resigned from the cabinet in March over the cuts to universal credit, complaining of then chancellor George Osborne’s “salami slicing” of the welfare budget. A Department for Work and Pensions spokesman said: “Our welfare reforms are incentivising work and restoring fairness to the system, because we know that work is the best route out of poverty. ...
Pension exit fees capped at 1% image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:51:14 PM
....However, only a minority of workplace schemes slap an exit charge on employees and the government announcement only affects people aged 55-plus. The Department for Work and Pensions (DWP) said it wanted to ensure workers were not “unfairly penalised” for accessing their own cash. ...
Pension exit fee cap confirmed at 1% by regulator image
Source : BBC [Read Article] Tuesday 15th of November 2016 08:43:42 AM
....Those taking out new pension contracts will face no early exit charge at all. Workplace pensions will be subject to the same rules, but these will not come into effect until October 2017, the Department for Work and Pensions (DWP) announced. ...
Tata's plans to close British Steel pension fund lambasted by MP image
Source : Guardian [Read Article] Wednesday 9th of November 2016 06:47:36 PM
.... These discussions are currently ongoing with stakeholders as it is important to continue to explore viable alternatives for the BSPS. “The UK’s Department for Work and Pensions launched a public consultation in May 2016 to explore certain alternate options for the BSPS. ...
New benefit cap starts amid fears for single parents image
Source : BBC [Read Article] Monday 7th of November 2016 12:02:28 AM
....But ministers say the level of the cap is fair because it is close to the average salary after tax. The Department for Work and Pensions described it as "a clear incentive to move into a job". ...
Young could get early access to state pension image
Source : BBC [Read Article] Thursday 13th of October 2016 12:16:03 PM
....". The Department for Work and Pensions said it would use the Cridland review, together with a review by the Government Actuary's Department to form a view on the state pension age. ...
'Regret' over women's pension changes image
Source : BBC [Read Article] Tuesday 11th of October 2016 03:00:59 PM
....She now says she "believed what officials were telling me". Mr Webb, who was pensions minister during the coalition government, said: "Given that we now know that the Department for Work and Pensions undertook surveys in the early 2000s which showed a significant minority of women were not aware of the 1995 Act timetable, it is surprising that previous administrations did not act upon that information at that time and take action to improve awareness of the changes. ...
Pension savers left to fend for themselves, says TUC image
Source : BBC [Read Article] Tuesday 4th of October 2016 11:06:48 PM
....How much can I earn from a DC pot? Money Advice Service. "We want everyone to have a financially secure retirement, which is why we have introduced wide-ranging reforms to make pension saving easier and clearer," said a spokesperson for the Department for Work and Pensions (DWP). ...
More than 1million Britons turn 40 with NOTHING saved for retirement image
Source : Daily Express [Read Article] Friday 16th of September 2016 04:16:00 PM
.... Mr Wilson said those deciding to opt out of auto-enrolment would miss out on "free money" which could go into their retirement savings pot from employer contributions and tax relief. A Department for Work and Pensions (DWP) spokeswoman said: "Thanks to automatic enrolment, 6. ...
Illness forces 12% of workers to quit before pension age - TUC image
Source : BBC [Read Article] Sunday 4th of September 2016 11:26:09 PM
.... Both women's and men's qualifying age will reach 67 by 2028 and the government has said it will review the age every five years in the future. A spokesperson for the Department for Work and Pensions said the welfare system "already provides a range of support for people of all ages who are unable to work due to illness or disability". ...
Poorer renters at risk from homelessness as benefit shortfall grows image
Source : Guardian [Read Article] Tuesday 23rd of August 2016 11:01:04 PM
....”. A spokesman for the Department for Work and Pensions defended the freeze, saying: “The reality is the housing benefit bill has been spiralling for decades. ...
The state pension top-up that no one seems to want image
Source : Guardian [Read Article] Saturday 20th of August 2016 06:01:06 AM
....So why the low take-up? The scheme was unveiled in the December 2013 autumn statement and received quite a bit of publicity. But data provided by the Department for Work and Pensions (DWP) in response to a freedom of information request by Old Mutual Wealth shows that just 3,848 people took advantage of the scheme during its first six months. ...
Some taking 'too much' from pension pots, ABI warns image
Source : BBC [Read Article] Sunday 14th of August 2016 11:01:15 PM
....A government spokesperson said keeping their annuity incomes was "the best option for the majority of people" but said that people should have the right to make the decision that is best for them. "We are working with our partners, such as Pension Wise and the Department for Work and Pensions, to ensure consumers are protected and that there is clear information to help people understand their options," they added. ...
Younger generation in UK face overwhelming pensions bill, says report image
Source : Guardian [Read Article] Sunday 14th of August 2016 07:13:35 PM
....The former pensions minister Ros Altmann has called for the triple lock to be scrapped. The Department for Work and Pensions has declined to rule out a review of the “totemic” policy in the coming months. ...

European judges to examine case of married transgender woman refused female state pension at 60
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....Five Supreme Court justices announced on Wednesday that they were referring the legal question raised in the proceedings to the Court of Justice of the European Union (CJEU) "for their guidance". MB, who is now 68 and cannot be identified, lost her case at the Court of Appeal in 2014 when judges upheld a decision of the Department for Work and Pensions (DWP) to refuse a female pension. ...
Transgender pension case to be examined by EU judges image
Source : BBC [Read Article] Wednesday 10th of August 2016 12:21:35 PM
.... . MB lost her case at the Court of Appeal in 2014 when judges upheld a decision by the Department for Work and Pensions (DWP) to refuse her a female pension on the basis that she remained legally a man. ...
Five minute guide to annual increases to state pensions image
Source : Daily Express [Read Article] Sunday 7th of August 2016 12:00:00 AM
....Thanks to the triple lock, someone on the full basic state pension will receive about £570 more this financial year than if it had gone up at the same rate as average earnings growth over the past six years instead. The downside is that it is costing the nation an extra £6billion a year and forecasts from the Department for Work and Pensions suggest the bill could hit £45billion by 2025/26. ...
Baroness Altmann: Scrap pensions triple-lock guarantee image
Source : BBC [Read Article] Sunday 31st of July 2016 09:12:26 AM
....The triple lock had "fulfilled it purpose" and pensioner households were now "no more likely to be poor than other age groups", she said. A spokeswoman for the Department for Work and Pensions said Lady Altmann had no bearing on policy and "we have no plans to review it". ...

Casualty and Sherlock TV extra jailed for £72k disability benefits fraud after he is spotted 'skipping' across road on show
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....A TV extra who featured in a host of shows including Casualty and Sherlock has been jailed after swindling almost £72,000 in benefits. John Lewis, 65, told the Department for Work and Pensions he was too ill to work and was virtually unable to walk. ...

Number of pensioners with jobs trebles since 1980s, with 1 in 10 people aged over 65 in work
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....The number of pensioners with jobs has trebled since the 1980s and one in 10 of those over the age of 65 is now in work, new figures have revealed. The Department for Work and Pensions figures showed that the number of working pensioners has risen from 396,000 in 1984 to 1. ...

'Surge' in savers using pension freedoms pushes total withdrawals above £6bn
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....“Our pension reforms have already given hundreds of thousands of people access and responsibility over their hard-earned savings and we will continue to make sure that the pension freedoms work well for everyone. “We will work with our partners, such as Pension Wise and the Department for Work and Pensions, to ensure consumers are protected and that there is clear information to help people understand their options. ...
Six million save automatically for pension image
Source : BBC [Read Article] Wednesday 27th of July 2016 11:37:52 AM
....Minimum contribution rates will increase from 2% to 5% in April 2018, and from 5% to 8% in April 2019. A spokeswoman for the Department for Work and Pensions, said: "We want to make it as easy as possible for businesses to manage automatic enrolment which is why we made the decision to gradually increase the amount employers contribute to workplace pensions. ...

Who is Chris Grayling? Meet the new Transport Secretary
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Source : Telegraph [Read Article] Tuesday 26th of July 2016 10:31:32 AM
....co/hXiCFjqzvJ. Previous political roles:  Prior to becoming Leader of the House of Commons, he was Lord Chancellor and the Justice Secretary from September 2012 until May 2015, and Minister of State at the Department for Work and Pensions from May 2010 until September 2012. ...
PM Theresa May makes more ministerial changes image
Source : BBC [Read Article] Friday 15th of July 2016 09:45:51 PM
....Other people to leave the government include Ed Vaizey, culture minister in former Prime Minister David Cameron's administration, who tweeted to say he would be supporting from the back benches. Penny Mordaunt and Mike Penning have been appointed ministers at the Department for Work and Pensions and Ministry of Defence, while Sir Oliver Heald has become a minister in the Ministry of Justice. ...
New government pension rules open the door to rip-offs image
Source : BBC [Read Article] Monday 11th of July 2016 02:51:05 PM
.... First Review Pension Services and Lifestyle Connections said that, if true, they cannot condone this behaviour which is now the subject of an internal review. Panorama requested interviews with the Department for Work and Pensions (DWP), the Treasury, the Financial Conduct Authority and the Pensions Regulator about the results of its investigation but none were available to be interviewed. ...
Women caught in pension age trap ‘are £40,000 out of pocket’ image
Source : Guardian [Read Article] Saturday 9th of July 2016 06:00:08 AM
....In May, Crabb told MPs that it would be “impossible” to unwind changes dating back more than 20 years. Meanwhile in January the Department for Work and Pensions said those affected by faster equalisation would reach state pension age after the introduction of the new state pension, which would be more generous for many women. ...
Post-WWII baby-boomer pensioners to be optimistic after fallout from Brexit image
....However, others are still struggling to make ends meet, while younger people need to act now otherwise this recent positive trend could quickly go into reverse. Twenty years ago, the average pensioner earned 38 per cent less than the typical worker, according to new figures from the Department for Work and Pensions (DWP). ...
Average income 'hits new peak' image
Source : BBC [Read Article] Tuesday 28th of June 2016 11:38:20 AM
....The mid-point net income of all households in the UK was up 3% after inflation. That meant average income before housing costs reached £473 per week - around £24,600 a year, the Department for Work and Pensions (DWP) said. ...
We need 'later homes' for older people, not just starter homes for the young image
....We advocate an extension of the help-to-buy scheme, currently only available to the young, to help those buying new property in older age. We also call for the Department for Work and Pensions to ensure its policies for capping housing benefit do not deter investment in extra care and specialist housing for older people. ...
Tata Steel: warning that pensions restructure could set risky precedent image
....”. However there were reported to be misgivings about the wider implications of the plan in the Department for Work and Pensions and the Treasury. ...
Good news for pension savers: City watchdog says it wants to BAN greedy 'exit' fund fees image
....". The Department for Work and Pensions has also launched a consultation to prevent people in occupational schemes facing exit charges for accessing their pensions early. ...
Tata Steel is considering retaining UK business image
Source : Guardian [Read Article] Wednesday 25th of May 2016 07:08:57 PM
....However, there is a row within the government about Javid’s plan to cut the liabilities of the pension scheme by benchmarking it against the consumer price index (CPI) rather than the retail price index (RPI) and spinning it off into a new financial vehicle. The Department for Work and Pensions is concerned this could set a dangerous precedent for defined benefit pension schemes. ...
UK's labour market has boomed, but what about productivity and wages? image
Source : Guardian [Read Article] Wednesday 18th of May 2016 12:04:14 PM
.... The Labour MP Frank Field has come up with one suggestion. He is proposing that the Department for Work and Pensions should set up pilot projects bringing together Jobcentre Plus district managers, local authorities and local enterprise partnerships. ...
Britain's pension system 'behind Australia, Sweden and the Netherlands,' says ex-minister image
....It comes after the Government warned around £400million of pension savings has been lost by savers. The Department for Work and Pension recently launched a new pension tracing service, to help reunite savers with their cash. ...
Golden years on the golf course? We should be so lucky… image
Source : Guardian [Read Article] Saturday 14th of May 2016 05:30:01 PM
.... Best to plan for blowing what you’ve got on a year or two of giving it yahoo and making a nuisance of yourself at the bowling club and rocking home at midnight to Bruce Springsteen and heart tablets. “Yours sincerely, the team at the Department for Work and Pensions. ...
Pension savings worth £400MILLION unclaimed: Find out if YOU are owed cash image
Source : Daily Express [Read Article] Tuesday 10th of May 2016 05:05:00 PM
....It comes as workers have more employers over the course of their career, making it easier to forget about savings put away through company schemes. Britons will now typically have 11 jobs during their working life, according to the Department for Work and Pensions (DWP). ...
Former Asda director takes helm of Amazon's UK operations image
Source : Guardian [Read Article] Wednesday 27th of April 2016 01:04:15 PM
.... However, his tenure has also been fraught with controversy over Amazon’s tax arrangements, handling of weapons including knives, and employment practices. Gurr has also attracted controversy after it emerged he had been offered a role as a non-executive a director at the Department for Work and Pensions. ...
B&Q pulls job ad asking workers for three days' unpaid 'induction' image
Source : Guardian [Read Article] Sunday 10th of April 2016 04:17:27 PM
.... Bourne did not reply to attempts to find out more information. Seetec administers government-funded schemes for the Department for Work and Pensions to get unemployed people back into work. ...
Universal credit cuts to lose low-income families up to £200 a month image
Source : Guardian [Read Article] Sunday 10th of April 2016 01:27:07 PM
....”. A spokesman for the Department for Work and Pensions said households affected by work allowance changes would get help from jobcentre work coaches to increase their hours and earnings. ...
2016 tax year: what you need to know image
Source : Guardian [Read Article] Wednesday 6th of April 2016 06:00:30 AM
.... The charity Age UK says 70,000 retirees will be worse off under the new system because they have made fewer than 10 years’ contributions, and so will get nothing. Figures from the Department for Work and Pensions show that around three-quarters of people who reach pension age in the first 15 years of the new system will be better off, with 80% of those reaching state pension age in 2016 getting an average of £7 more a week. ...
First day of new state pension system image
Source : BBC [Read Article] Tuesday 5th of April 2016 11:03:49 PM
....But in the short-term, the self-employed particularly will benefit. A Department for Work and Pensions (DWP) spokeswoman said: "Millions stand to gain from the changes to the state pension, including women and the self-employed who so often lost out in the past. ...
11million to lose THOUSANDS in pension laws coming into effect TODAY...are you affected? image
....However, the Government has said that the new state pension will benefit 75 per cent of people within the first 15 years of its introduction. More than three million women are set to receive an average of £11 more a week by 2030 as a result of the changes, said the Department for Work and Pensions. ...
New state pension: Millions 'worse off' image
Source : BBC [Read Article] Monday 4th of April 2016 04:00:23 PM
....In the long run, the new system will be less expensive for the tax-payer. The Department for Work and Pensions (DWP) said that young people in particular will benefit from automatic enrolment in workplace pensions. ...

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