News,May 2018

What is Triple Lock State Pension?

What is Triple Lock State Pension?

05/01/2024Finance , Pension

Are you wondering facts about what is triple lock state pension in the UK? The triple lock ensures that the state pension increases each year by the highest of three factors: inflation, average earnings growth, or 2.5%. This policy has been a subject of debate due to concerns about its sustainability and affordability. The government’s …

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What are Pensionable Earnings

What are Pensionable Earnings and How Do I Calculate them?

14/11/2023Pension

Wondering about what are pensionable earnings? In the UK, pensionable earnings refer to the types of income that are taken into account when calculating the contributions made to a workplace pension. These contributions are typically a percentage of your earnings that go towards building your pension pot for the future. When it comes to which …

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claim pension credit

How to Claim Pension Credit?

10/08/2023Pension , Personal Tax

If you are seeking facts relevant to pension credit benefits in the UK, this is the right page for you. As this guide will hold a discussion about how to claim Pension Credit in the UK. How to apply, how you can contact the Pension Service and they’ll guide you through the process. Moreover, you …

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Bereavement Allowances

All you Need to Know About Bereavement Support Payment

25/04/2022Business , Business Growth Ideas , Dividend Allowance , Finance , Pension , Personal Tax

Are you struggling with the loss of your spouse or civil partner after their demise? In case you are residing somewhere in the UK, here is something with the discussion of Bereavement Allowance that can help. To bring ease to your financial worries that you might struggle without a partner, a bereavement support payment is …

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Auto Enrolment Pension

What is Auto Enrolment Pension? A Basic Guide

23/08/2021Pension

Wondering what is auto-enrolment pension? It is the government initiative aimed to boost your retirement savings where the employer and government also put money into your pension pot. All employers in the UK need to offer this workplace pension by automatically enrolling their eligible employees. It is meant to encourage people to save money for …

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Pensions Lifetime Allowance

Pensions Lifetime Allowance Explained

03/08/2021Pension , Personal Tax , Tax Issues

Knowing how much is your pension lifetime allowance is important, as if you exceed this threshold it’d have hefty tax implications. So, let’s explore what pension lifetime allowance is, how to calculate and protect it. Let’s find out.   Overcome your financial worries with CruseBurke!   What is Pension Lifetime Allowance? This allowance is a …

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