A growing number of UK pensioners are receiving significant tax refunds, with many reclaiming more than £10,000 due to overcharged tax on their pension withdrawals. According to newly released figures, some individuals were reimbursed over £100,000 in a single claim—an eye-opening statistic that underscores ongoing flaws in the current taxation Read more
The UK government has officially announced a £1,200 Universal Credit back payment to correct past welfare miscalculations. This one-off payment marks a major step by the Department for Work and Pensions (DWP) after years of criticism over administrative mistakes during the shift from legacy benefits to Universal Credit. With arrears Read more
Parents or guardians of children aged 16 to 19, specifically those born between 2006 and 2009, are urged to notify HMRC by August 31 if their child is continuing in approved education or training. Doing so ensures the continuation of Child Benefit payments, a vital financial support for many families Read more
Personal Independence Payment (PIP) supports individuals in the UK living with long-term health conditions or disabilities by helping with the extra daily living and mobility costs. For the 2025/26 financial year, the Department for Work and Pensions (DWP) has confirmed new, increased rates, with the maximum combination (enhanced daily living Read more
The Department for Work and Pensions (DWP) has released new figures showing that many people receiving Personal Independence Payment (PIP) are not getting the full financial support they deserve. According to recent statistics, 11 out of every 100 claimants (11%) are under-claiming their benefits simply because they have not informed Read more
Customers with major banks could significantly improve their finances by making just one strategic change—switching to a better-paying savings account. Many individuals overlook the opportunity to grow their money simply by choosing a high-interest savings account. While loyalty to a bank might feel comfortable, it often leads to missed earnings Read more
Managing money wisely has become more important than ever for UK households. A recent Spring survey reveals that adults could save nearly £600 every year simply by refusing to take part in social events they don’t actually want to attend. These savings could make a huge difference for families and Read more
A surprising anomaly in the UK pension system has resulted in hundreds of pensioners receiving triple the standard state pension. As revealed by the Department for Work and Pensions (DWP), 324 retirees are benefiting from state pension payouts amounting to at least £36,000 annually—significantly exceeding the typical state pension amount. Read more
Starting Tuesday, August 26, Lloyds Bank customers will experience a brand-new way to deposit cash without needing to visit a traditional bank branch. This fresh initiative makes managing finances simpler, faster, and more convenient by enabling people to deposit notes or coins while shopping at their neighborhood stores. This move Read more
Millions of disabled people across Great Britain could soon see a significant rise in their Personal Independence Payment (PIP). Under new government plans, the benefit will be adjusted in line with inflation, giving some claimants nearly £800 a month starting in April 2026. The Department for Work and Pensions (DWP) Read more