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Paul Lewis
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Writer, Saga Magazine
London
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By Paul Lewis| Saga Magazine Verified Pension updates for 2025Your state pension will rise from 7 April by up to 4.1%. The standard new state pension will be £230.25 a week and the basic old state pension £176.45. But millions will not see the full effect of this rise until May; some will have to wait until 30 May. Most pensioners are paid four weeks in arrears. The date the first payment arrives depends on two things: your payday and your payment cycle. Both are set by your National Insurance number.
By Paul Lewis| Saga Magazine Verified Higher bills for allThe main thing growing this spring is the price of essentials. On 1 April, electricity and gas prices are up 6.4%, council tax is going up by 4.9% in most parts of Britain (more in some), a TV licence is £5 a year more, and water will cost on average £603 a year in England, a rise of £123 or 26%. The biggest increase is for customers of Southern Water with new bills averaging £703, up an eye-watering £225 a year, or 47%.
By Paul Lewis| Saga Magazine Verified Pension updates for 2025Your state pension will rise from 7 April by up to 4.1%. The standard new state pension will be £230.25 a week and the basic old state pension £176.45. But millions will not see the full effect of this rise until May; some will have to wait until 30 May. Most pensioners are paid four weeks in arrears. The date the first payment arrives depends on two things: your payday and your payment cycle. Both are set by your National Insurance number.
Company Info
Saga Magazine
Saga plc is a UK-based company that has been serving customers aged over 50 since 1950. Headquartered in London, Saga is recognized as a trusted brand in its demographic, offering tailored experiences through three main segments: Cruise and Travel, Insurance, and Other Businesses, which includes financial services and publishing. The company provides a range of travel options, including luxury ocean and river cruises, package holidays, and travel insurance. In the insurance sector, Saga offers motor, home, private medical, and pet insurance, along with specialized underwriting services. Its financial services include equity release, savings accounts, mortgages, and investment products. Additionally, Saga publishes Saga Magazine and offers legal services, debt management, and vehicle repair services. With a workforce of approximately 3,682 employees, Saga focuses on delivering quality and exceptional service to its target audience of UK residents aged 50 and older. The company trades on the London Stock Exchange under the ticker SAGA.
Milton Keynes, United Kingdom
+44 130 377 1111
Founded: 1951