Fifty financial advisers team up to offer free half-hour sessions to over-50s with money troubles in cororavirus crisis You can book a ‘no strings attached’ call with a regulated financial adviser at emergencyfinancialadvice.org You can also read answers to common questions and email your own to the site Service was launched by William Burrows of … Read more
I have just read Steve Webb’s column about a lady believing she was divorced and she in fact wasn’t. I find myself in the same position. A decri nisi was issued but not a decri absolute. I only discovered this when applying for my state pension and they required a copy of the absolute. I … Read more
Advice on setting up a legal failsafe against falling ill while observing coronavirus lockdown and social distancing rules has been issued by the official oversight body. You can secure your finances in case you can no longer handle them by appointing someone you trust as attorney, usually a family member or friend, to take control … Read more
Millions of workers are being furloughed from their jobs in an attempt to limit permanent lay-offs, and the Government’s scheme protects pensions as well as wages. But that doesn’t mean furloughed staff will dodge a hit to their pensions, as they will typically only be getting 80 per cent of their usual salary, unless their … Read more
Every penny of your pension counts in retirement, yet it is feared that savers have lost track of pots worth as much as £20billion. But how do you track down a lost pension or even know you’re missing one? The average person has 11 jobs in their lifetime, so it is no wonder two in … Read more
Workers with final salary pensions are likely be fearful about deepening deficits, not to mention the survival of their employers, thanks to the coronavirus markets crisis. Many savers have ditched these traditionally safe and generous pensions in recent years, tempted by huge transfer value offers, greater potential investment growth and inheritance advantages. But those considering … Read more
Coronavirus lockdown rules for funerals are expected to prompt a rise in direct cremations, which take place without a service. No frills cremations cost around £1,600 on average, and ashes are returned to a family afterwards, allowing them to organise their own personal memorial for a loved one at a time of their choosing. The … Read more
Will my final salary pension be affected by the coronavirus crisis? Steve Webb replies By Steve Webb for This Is Money Published: 07:33 BST, 20 April 2020 | Updated: 07:33 BST, 20 April 2020 I have a final salary pension. Will it be affected by what is going on now with the coronavirus? SCROLL DOWN … Read more
Should state pension triple lock be axed to help pay coronavirus bill? It’s ‘not too much to ask’ elderly to sacrifice £4bn a year, think tank claims The triple lock guarantees the state pension rises by at least 2.5% a year A move to a double lock would base future increases on wage and price … Read more