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
Can I take a 25% lump sum from my final salary pension and leave the rest where it is? Steve Webb replies By Steve Webb for This Is Money Published: 07:51 BST, 29 March 2021 | Updated: 07:51 BST, 29 March 2021 I’m 57 and have a final salary pension. I want to know whether … Read more
Stephen Timms MP: Chairman of work and pensions committee has asked DWP to explain how it is prioritising payouts to elderly women MPs have demanded the Government reveals how it plans to prioritise £3billion of state pension backpayments to elderly women, and make contact with heirs of those who have died. An estimated 200,000 women … Read more
Tom Selby: Anyone with spare cash should consider making the most of their available pension allowances before the tax year ends on 5 April Tom Selby is a senior analyst at financial services firm AJ Bell. The coronavirus pandemic and national lockdown has placed huge strain on millions of people’s incomes, with worries about future employment … Read more
Should I have inherited anything from my late husband’s annuity pension – and was he wrongly advised to buy one? Steve Webb replies By Steve Webb for This Is Money Published: 07:38 GMT, 22 March 2021 | Updated: 07:38 GMT, 22 March 2021 My husband has just died. When I went to get his pension … Read more
I’m currently 47 and turn 55 on 29 March 2028. I’ve also been heeding the advice of your pensions column over the years and my pension savings pot has now hit the lifetime allowance limit of £1,073,100. Gov.uk tells me that my state pension age is 67. I’m trying to plan for my financial future … Read more
Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … Read more
Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … Read more
Pension scammers are targeting baby boomers in their droves, a report by Just Group has revealed. Nearly a quarter of 55-74 year olds received unsolicited contact in the 12 months to October 2020 with scammers targeting billions of pounds build up in retirement pots. More than £30million has been reportedly lost to pension scams since … Read more
State pension scandal: Staggering £3bn DWP bill for shortchanging women now revealed Elderly women will be potentially handed back £3billion in underpaid state pensions in a scandal discovered by former Pensions Minister Steve Webb and This is Money. Here, he gives his take on last week’s Government announcement, and explains where women who could have … Read more