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The triple lock ‘presents a significant fiscal challenge that no party has been willing to fully address’, a pensions expert said. Labour pledges to retain triple lock and undertake pensions ...
So Liz Kendall, the work and pensions secretary, deserves a fair hearing when she promises to “bring forward big reforms that help more people into work, protect the most vulnerable, and boost ...
The WASPI campaign estimate 3.6 million women lost out financially because the government did not adequately communicate the changes in the state pension age over a number of years, meaning people ...
On 23 November 2019, Labour Party shadow chancellor John McDonnell pledged £58 billion to compensate all women born in the 1950s whose pension age was increased by the Pensions Act 1995. [24] In a report in March 2024, the Parliamentary and Health Service Ombudsman said that the six women affected by the change in pension age who brought test ...
Frozen state pensions is the practice of the British Government of "freezing" UK State Pensions, (that is, not uprating the amount in line with "Triple Lock" on an annual basis, as is done for residents in the UK), for pensioners who live in the majority of other countries, apart from the European Community countries and other countries with reciprocal agreements with the UK.
The Pension Protection Fund (PPF) is a statutory corporation, set up by the Pensions Act 2004, and has been protecting members of eligible defined benefit (DB) pension schemes across the United Kingdom since 2005. It protects close to 10 million members belonging to more than 5,200 pension schemes across the UK.
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In the second half of the 20th century, there was a succession of legislative changes to protect pension scheme members, prevent abuse of the generous tax-reliefs available and prevent fraudulent activity. Some of these changes were precipitated by Robert Maxwell's plundering of the Mirror Pension Funds. [6]