We are much worse off from losing benefits since I began drawing my state pension – can I stop taking it? Steve Webb replies By Steve Webb for This Is Money Published: 07:35 BST, 29 June 2020 | Updated: 07:35 BST, 29 June 2020 I have just started receiving my state pension. Before this my … Read more
Is it time you ditched your pricey pension plan for a fund supermarket? By Toby Walne, Financial Mail on Sunday Published: 21:52 BST, 27 June 2020 | Updated: 21:52 BST, 27 June 2020 Investors are using the lockdown to haul their pension savings out of expensive old-style plans – and move the money to low-cost … Read more
Heather Rogers: ‘Depending on the amount of political pressure applied via parliament, there may be an argument for not taxing these payments at all’ Heather Rogers, founder and owner of Aston Accountancy, explains what women receiving thousands of pounds in state pension arrears should tell the taxman. If you were unfortunate enough to be underpaid … Read more
David and Denyse Vallender: ‘It’s a monumental government blunder,’ he said after she received £21,700 The Government is being pressed not to ‘add insult to injury’ by landing women underpaid massive sums in state pension with unfair tax bills. Denyse Vallender, pictured right with husband David, was handed £21,700 due to government bungling, while Allison Clark … Read more
Regulators are pressing workplace pension schemes to scrutinise costs more closely to ensure staff are not over-charged. They propose tightening up rules on assessing value for money, including laying down standardised tests on charges and costs, investment performance and quality of service. Some independent governance committees, which are meant to represent the interests of people … Read more
Our autistic daughter is unlikely to benefit from a pension we invested in for her – what should we do about it? Steve Webb replies By Steve Webb for This Is Money Published: 07:51 BST, 22 June 2020 | Updated: 07:51 BST, 22 June 2020 In the early life of our youngest daughter, we invested … Read more
How will drawing my state pension affect my TfL pension and what happens if I work part-time? Steve Webb replies By Steve Webb for This Is Money Published: 07:42 BST, 15 June 2020 | Updated: 07:42 BST, 15 June 2020 I will be 66 in December. I have a private pension from Transport for London. … Read more
I will be 70 on in February 2021. I have not taken my state pension at all and have been living on my saving accounts as they are paying almost nothing. I’m single and have no mortgage or loans. I’ve been getting conflicting advice from people, saying I have been silly and have lost a … Read more
Carole and Stephen Graham: She received £8,600 after the Government blunder Pressure is mounting on the Government to pay tens of thousands of elderly women a fortune in lost state pension following a scandal uncovered by This is Money. The Labour Party and influential pension experts are demanding urgent action to address an estimated £100million … Read more
Regulator puts a stop to pension switch fees amid fears of a mis-selling scandal By Daily Mail City & Finance Reporter Published: 21:50 BST, 5 June 2020 | Updated: 21:50 BST, 5 June 2020 The Financial Conduct Authority has banned lucrative incentives pocketed by financial advisers The City regulator has banned lucrative incentives pocketed by … Read more