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This week (12 September), the Office for National Statistics (ONS) published figures showing that annual growth in employees’ average total pay (including bonuses) was 8.5% in May to July 2023.
A pensions expert has described the figure as 'simply unaffordable for pensioners, many of whom have a small private pension pot and little option to make more contributions.'
Parents have one week after GCSE results day to inform HMRC if their child is continuing education in order to keep receiving Child Benefit payments.
The cost of the state pension triple lock could be £4bn higher than expected as wages rise.
Good morning and welcome to your Morning Briefing for Tuesday 18 July, 2023. To get this in your inbox every morning click here. Transact clients reach record high The number of clients using the Transact platform has reached a record high, rising 3% to 229,000 at the end of the third quarter of 2023. In a quarterly