Pensioners Beware: The Truth Behind the “£10,000 Savings Loss” Headline (2025 Update)
Is every pensioner really about to lose £10,000?
No — but the truth is sneakier. A mix of frozen allowances, rising interest rates, and HMRC’s new powers is hitting pensioners harder than most. In this video, we debunk the myths, break down the numbers, and provide you with practical tips to protect yourself.
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⏰ Chapters / Timestamps
0:00 – Scary headlines: “£10,000 savings loss”
0:36 – The truth: what’s really happening
1:19 – Personal Savings Allowance explained (PSA)
2:11 – Rising interest rates & frozen allowances
3:19 – Why pensioners are hit hardest
4:02 – Worked example: pensions + savings taxed
6:45 – The HMRC hammer: tax codes & simple assessments
8:45 – Busting the £10,000 myth
10:01 – What pensioners should do (practical steps)
11:04 – Final advice & gentle proviso
Credit to : UK MONEY WISDOM