The news feed below keeps you up to date with the latest pension updates and information.
The 2019 Pensioners' Lunch took place at The Brewery on 29th July. With over 200 guests in attendance, the 2019 event was as popular as ever. Photos for the 2019 event and also 2017 event are available on flickr.
As you can see, we have redesigned and updated the LRSFA website to make it more user friendly, intuitive and useful for you, our members. You’ll notice that the main changes are as follows:
- There are now two distinct areas on the website – one for active and deferred members, and the other for pensioners. This makes finding relevant information easier for you.
- The site is now mobile-friendly, meaning you can access it on the go on small screens with ease.
- We have thought about what content is most useful to you as members, reorganising and streamlining the site accordingly. By doing so we hope to help you better understand your LRSFA benefits and the tools available to you as members.
If you have any comments or questions about the new website, please contact us.
HMRC Tax Code
You may have received recently a letter from HMRC advising you of a new tax code, potentially indicating that you may be liable for additional tax. This letter has been issued due to a technical error between HMRC and XPS Pensions and has been sent in error. Further information is available in a letter held on the Document Store.
State Pension updates
The government is making changes to the age at which individuals can access their State Pension. Under current legislation, the State Pension age will increase to age 66 by October 2020 and then further to age 67 between 2026 and 2028. If you are already receiving your State Pension, you don’t need to worry as you are not affected by these changes.
Financial scams remain an issue so it’s important to be wary and understand what to watch out for. Scammers may contact you over the phone, online or in person, with some even requesting personal details. Remember, your bank and other legitimate organisations wouldn’t ask for these details, so it’s important to keep these safe.
You can find out more details about financial scams by going to the Financial Conduct Authority website.