People who fear they were badly advised to abandon a valuable final salary pension are being told by City watchdogs to check if they have grounds for a formal complaint. A new ‘advice checker’ sets out the correct process to be followed during pension transfers, and explains how to complain and take your case to … Read more
The last American citizen receiving a Civil War pension has died in North Carolina at the age of 90. Irene Triplett, whose father fought for the Union Army between 1863 and 1865, passed away Sunday in Wilkesboro from complications following surgery. Irene suffered from from mental disabilities and therefore qualified for federal financial support as a … Read more
UK’s largest pension fund cuts out ‘financially unsuitable’ coal, tobacco and arms manufacturing By Daily Mail City & Finance Reporter Published: 21:50 BST, 1 June 2020 | Updated: 22:09 BST, 1 June 2020 The Universities Superannuation Scheme is to ditch investments in sectors including coal, tobacco and arms manufacturing The UK’s largest private sector retirement fund … Read more
What will happen to our pension credit payments when I start drawing a state pension? Steve Webb replies By Steve Webb for This Is Money Published: 08:09 BST, 1 June 2020 | Updated: 08:09 BST, 1 June 2020 I am a Waspi woman born in November 1954. My husband and I receive pension credit, and … Read more
A new pension scandal has seen married women miss out on thousands of pounds they were entitled to in retirement. One widow has now won back more than £100,000 after it emerged government blunders have denied some women a better-paying state pension for years. Former pensions minister Steve Webb revealed in analysis on Saturday that … Read more
Help! My pension pot could run out within four years if I keep taking the same income: Steve Webb replies By Steve Webb for This Is Money Published: 08:26 BST, 25 May 2020 | Updated: 08:26 BST, 25 May 2020 I am 74 years old, live in Spain with my wife and have a UK … Read more
It’s a hard task getting people interested in pensions, especially those under the age of 35. Retirement feels so far in the future for many living in the here and now. They pay in each month without being actively interested. Meanwhile, confusing messages from politicians – including our housing minister, stating that younger generations could tap … Read more
Investigation reveals that 130,000 older married women could be owed up to £100million in state pensions after government blunders were exposed Older wives may be owed up to £100million after government blunders exposed Investigation suggests that around 130,000 are receiving less than they should Some wives were mistakenly reassured they were being paid enough Probe … Read more
A 96-year-old widow with severe dementia has received more than £117,000 from the Government after being underpaid state pension for 20 years. The Department for Work and Pension is accused of ‘shocking’ treatment of Rosemary Chattell, who lives in a Cheshire care home and is unaware she has been handed the vast sum. In a … Read more
Grandparents can keep state pension credits worth £260 a year if they are childminding over phone or video chat Normal family care arrangements have been upended by Covid-19 restrictions Grandparents keeping children occupied by phone or video can still claim valuable pension credits Find out the rules and how to apply for credits below By … Read more