Bbc Pension Increase 2024. The full, old basic state pension (for those who reached state pension age before april 2016) is expected to go up to £176.30 a week. A panel of bbc experts helps explain what it means for your finances:
The total amount that workers can accumulate in their pension savings before paying extra tax is expected to be increased in wednesday’s budget. The conservative party has promised to raise the personal allowance for pensioners via a ‘triple lock plus’ if they win july’s general election.