OBJECTIVE This paper investigates whether admission of unskilled immigrants, whose children incur assimilation costs in order to become skilled workers, positively influences the net benefits for ...

Do you qualify for a Veterans Pension? Many veterans of wartime service are completely unaware of the fact that if they are 65 or older and on a limited income, they may qualify for a Department ...

And in the UK, analysts predict that the pension system will reach a crisis point within the next two decades. This may result in retirees receiving less than expected, and seeing a significant ...

The National Pension System (NPS) was introduced by the Union Government in 2004 with the aim of developing a universal pension system. Initially designed for central government employees, the NPS was ...

Steve Webb, partner at pension consultants LCP, has campaigned for change on the system for 10 years. He said: "It is great news that at long last HMRC has listened to the voices of ordinary taxpayers ...

HMRC is overhauling its pension tax system, which has overtaxed pensioners by £1.3 billion since 2015, by switching from ’emergency tax codes’ to regular ones starting in April 2025. These codes have ...

Nina Skero, chief executive of CEBR, told GB News immigration was "undoubtedly" supporting the state pension system. The average immigrant is more likely to be of working age than British-born ...

Coalition party NSC wants all pension funds to consult their members on whether they want to switch to the new pension system. NSC parliamentarian Agnes Joseph is submitting a proposal to have the ...

Last month, Reynolds confirmed that there are no plans from the government to modify the existing state pension system, Leeds Live reports. Ms Reynolds: "I am sorry that speculation and rumour has ...

It’s easily done as you move homes or get a new job, with recent data from the Pensions Policy Institute estimating well over three million lost pensions in the system. Finding a lost pot could have a ...

A rapidly ageing population – and dwindling number of younger workers propping up the system – mean some are questioning whether the state pension as we know it can survive. Successive ...