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while, for others, a combination of economic factors and policies such as the raising of the State Pension age mean that continuing to work is a financial imperative. While many older people continue to enjoy ... important and takes on increasing significance as a result of demographic change and the rising State Pension age. To create an age friendly Wales, Age Cymru believes that everyone should be able to remain
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government is consulting on its proposals to restructure the Money Advice Service (MAS), Pension Wise and The Pensions Advisory Service (TPAS). These proposals follow numerous earlier consultations and reviews ... mid-life career review at about age 50; (b) at-retirement pensions guidance; and (c) a further guidance session in later life. Both the new pensions guidance body and the money guidance body must remain
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simplifying your routine, or using technology. If you decide to stop working, get advice on your pension and any benefits you may be eligible for first from your trade union or local Citizens Advice (page ... it, any income-related benefits you receive, like Pension Credit, may be reduced – so they should check before making a claim. If their State Pension is higher than Carer’s Allowance, they won’t receive
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People’s Alliance (COPA), Welsh Senate of Older People, Active Wales, National Pensioners Convention Wales, and Pensioners Forum Wales worked together to gather the experiences of people aged 50 or over ... their biggest challenge will be publicly dealing with their grief for the first time: Church...we have lost a large number of friends. (Female with additional caring responsibilities, 55-59, Neath, Port Talbot)
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People’s Alliance (COPA), Welsh Senate of Older People, Active Wales, National Pensioners Convention Wales, and Pensioners Forum Wales worked together to gather the experiences of people aged 50 or over ... their biggest challenge will be publicly dealing with their grief for the first time: Church...we have lost a large number of friends. (Female with additional caring responsibilities, 55-59, Neath, Port Talbot)
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Self-reported measures - people are asked how well off they consider themselves. 3 Levels of pensioner poverty in the UK and changes over time Using the definition set out above (that is, income of ... costs) 1.9 million pensioners (16 percent) are living in relative poverty. The chart below shows poverty rates before, and after, housing costs. It can be seen that the numbers of pensioners in poverty has
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savings. What is the role of tax incentives? • How should recent retirees optimize their income from pension pots and other savings? • How can retirement products better meet the needs of the mass market? • ... Budget announcements in March 2014 provide great flexibility for those with defined contribution (DC) pension savings, and from April 2015 individuals will be able to do any of the following: - Take cash immediately
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calculator, visit your local Age UK or Age Cymru for advice, or call Age Scotland. It is worth claiming Pension Credit (PC) even if you are only paid a small amount, as you may be entitled to other allowances ... In Scotland, see the Age Scotland guide Benefits Maze. For information about Pension Credit, see factsheet 48, Pension Credit. 4 What information do I need? 4.1 Basic information and where to find it
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global context UP TO RETIREMENT AROUND STATE PENSION AGE IN RETIREMENT Private pension membership has fallen but is being increased by auto enrolment 204,581 pension policies accessed in three months since ... 2015, compared to 95,372 in same period of 2013 New state pension from April 2016 £3.7bn benefits unclaimed by pensioners Big falls in pensioner poverty but progress now stalled Enough money 1967 8.1m 2013
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Carer Support Payment (Scotland) DLA – Disability Living Allowance DWP – Department for Work and Pensions EEA – European Economic Area ESA – Employment and Support Allowance JSA – Jobseeker’s Allowance ... Attendance Allowance (of £88.70 a week or more paid with Industrial Injuries Disablement Benefit or a War Pension). * these disability payments are replacing DLA and PIP in Scotland. It does not matter if care is
