From 6 April, the state pension will increase by 4.1%, as calculated by the triple lock, and so above the latest inflation figure of 2.8%.

There were 7.13m pensioners paying tax in the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.

The WASPI pensions campaign has written a letter to the Secretary of State for Work and Pensions threatening legal action unless the DWP reconsiders its decision to reject compensation.

People wanting to maximise their state pension by plugging gaps in their National Insurance record have contributed to a total of 68,673 years, worth £35m, since April last year, HMRC said.

Working women significantly underestimate their reliance on the state pension before retirement, according to a new study.

The State Pension will rise by 4.1% in April when the Triple Lock is implemented in full, the Chancellor said today in her Budget.

Employers' National Insurance will rise from 13.8% to 15% in April but Employee National Insurance will remain unchanged, Chancellor Rachel Reeves announced in her Budget today.

The State Pension is expected to rise next year by 4.1% under the Triple Lock guarantee.

An estimated 340,000 more pensioners will pay income tax on their State Pension next year due to the Triple Lock pushing up the State Pension above inflation.

New calculations from pension provider Aegon reveal that it would cost £250,000 to buy a lifetime guaranteed income to match the current state pension payout.