April will mark the start of the new tax year, when various changes will take place affecting people's finances. Those receiving some kind of State Pension from the Department for Work and Pensions (DWP) should be aware of a number of important developments.
While households across the UK will be concerned about the prospect of bills going up next month, some help will come from the fact that pensions and benefits are set to rise. For the millions who rely on the State Pension – some as their main source of income – the announcement last year that the triple lock would be reinstate came as a huge relief.
The policy means retirees will see their payments rise from April, helping them to cope with the soaring cost of living. There will also be changes specifically affecting certain groups, such as married women and those over 80, the Express reports.
