Page 307 - Pensions News Today

Civil servants, teachers and NHS staff are among those benefiting from the 6.7% inflation figure announced earlier this week.

Government ministers have cast doubt on whether payments will go up in April in-line with inflation - despite warnings millions of families will pay a 'heavy price'

People were defined as being on a middle income if they had a personal income of between £25,000 to £44,999 a year

Benefit is due to rise by 8.5% in April under triple lock pledge, which is supposed to mean it increases in line with whichever is highest out of wage growth, inflation or 2.5%

Pensioner groups are concerned after Downing Street fuels fears the 8½% increase expected in April could be reduced by saying the settlement must be fair across the generations.

Your state pension is based on the number of qualifying years you have on your National Insurance record - if you don’t have enough, you may not receive the maximum level of state pension

The Office of National Statistics (ONS) will be confirming the level of inflation in the 12 months to September at 7am tomorrow morning - currently, the level of inflation in the UK sits at 6.7%

People are increasingly living to their centenary so Britons have been urged to look at the crucial question of their retirement finances.

Analysts at Berenberg lowered their target price on mining outfit Tharisa from 190.0p to 150.0p on Tuesday following the publication of the group's fourth-quarter production report.

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