Melrose to plug GKN pension with £100m

Melrose to plug GKN pension with £100m after selling bulk of its air conditioning business for £2.6bn By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 April 2021 | Updated: 21:51 BST, 19 April 2021 Melrose will plough £100million into GKN’s pension scheme after the turnaround specialist sold the bulk of its air … Read more

Melrose to plug GKN pension with £100m

Melrose to plug GKN pension with £100m after selling bulk of its air conditioning business for £2.6bn By Daily Mail City & Finance Reporter Published: 21:51 BST, 19 April 2021 | Updated: 21:51 BST, 19 April 2021 Melrose will plough £100million into GKN’s pension scheme after the turnaround specialist sold the bulk of its air … Read more

L&G chief calls on pension funds to help end housing crisis

‘We simply haven’t built enough’: L&G chief calls on pension funds to invest in projects to help end housing crisis L&G boss Nigel Wilson believes we haven’t built enough homes L&G has already backed a number of projects across the country  It has invested £450million in the regeneration of Cardiff Central Square By Emma Dunkley … Read more

Should you consider a Lifetime Isa as a supplementary pension pot?

33-year-old Craig Hughes, from North Lincolnshire, mounted a defence of the Lifetime Isa as a supplementary pension If Isa season is all about working out ways to keep as much of your money away from the taxman as possible, Rishi Sunak’s latest Budget made that a little trickier. Dubbed a stealth raid on household finances, … Read more

Defer your state pension payments and make thousands more, experts say

People who hold off receiving their state pension when they become eligible for the cash could be thousands of pounds better off in their retirement, experts claim. The state pension this week increased to £179.60 a week or roughly £9,300 a year for those who qualify for the full rate new state pension introduced in … Read more

Footballers end High Court pension mis-selling case 

Former Premier League footballers end High Court pension mis-selling case against business consultant By Daily Mail City & Finance Reporter Published: 22:16 BST, 8 April 2021 | Updated: 22:16 BST, 8 April 2021 Five former footballers have withdrawn claims against Kevin Neal after he sued for libel, the High Court heard last wee Five former … Read more

Will you suffer a ‘horrible shock’ at retirement? How to build a decent pension

Many workers are heading for disappointment when they retire on far less comfortable pensions than those enjoyed by today’s older generation, a finance expert warns. Employers dumping generous, guaranteed final salary pensions and government hikes to the state pension age are among eight hurdles that will make people saving now poorer in retirement than they … Read more

My mum was underpaid state pension for years and is now penalised by the council

My mother is a victim of the £3billion state pension scandal. It now appears that she is being victimised again by the local authority. Due to this scandal my mother has recently received a sizeable payment from the Department for Work and Pensions, because of their ineptitude going back 12 years to when my father … Read more

Tax chiefs are urged to stop chasing pension scam victims for large fines

Tax chiefs are urged to stop chasing pension scam victims for large fines and to show more empathy for those caught up in the nightmare HMRC was said to have ‘lacked empathy’ in its relentless pursuit of scam victims Government suggested a law change to allow some victims a tax amnesty MPs on the work … Read more

Pension Bee founder’s stake set to be worth £135m when app lists

Pension Bee founder’s stake set to be worth £135m when savings app lists on the stock market next month By Lucy White For The Daily Mail Published: 22:14 BST, 30 March 2021 | Updated: 22:14 BST, 30 March 2021 The founder of Pension Bee will be sitting on shares worth £135million when her company lists … Read more