True scale of the underpaid state pension scandal revealed: Elderly women owed a staggering £3BN by DWP after our campaign unearthed the blunder Staggering bill for shortchanging women on their pension now revealed OBR includes figure for correcting state pensions in document accompanying today’s Budget It’s ‘truly mind-numbing’ says Steve Webb, who launched investigation … Read more
The Government has announced a tax raid on wealthy savers to help pay the huge bill it is running up to fight the Covid-19 pandemic. The pension lifetime allowance, the capital gains annual allowance and inheritance tax thresholds will be frozen until 2026, the Chancellor Rishi Sunak said in today’s Budget. The lifetime allowance, the … Read more
I have received a letter from my pension firm regarding my lifestyle fund, asking me to check my plan and to consider whether I still intend to buy an annuity. I am due to claim my state pension in November 2024 and have never stated I intend to take an annuity. My fund is only … Read more
Aviva to funnel £10bn of workers’ pension money into climate-friendly investments as it unveils plan to become net zero by 2040 Aviva is committing a ‘substantial’ portion of the money it collects from auto-enrolment pension funds to investments which tackle climate change Every employee over the age of 22 who earns more than £10,000 per year … Read more
‘Pillar of the community’, 72, is stripped of his MBE after being jailed for five years for stealing nearly £300,000 from charity pension fund to buy a French holiday home and house in upmarket Hampshire village Patrick McLarry, 72, defrauded money to fund lavish lifestyle and pay off debts He admitted taking £250,000 from disability charity … Read more
‘Pillar of the community’, 72, is stripped of his MBE after being jailed for five years for stealing nearly £300,000 from charity pension fund to buy a French holiday home and house in upmarket Hampshire village Patrick McLarry, 72, defrauded money to fund lavish lifestyle and pay off debts He admitted taking £250,000 from disability charity … Read more
Some of the country’s leading financial experts are urging people to keep saving into a pension despite the tough economic backdrop By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 27 February 2021 | Updated: 21:50 GMT, 27 February 2021 Some of the country’s leading financial experts are urging people to keep saving … Read more
Swimmer, 64, who represented Great Britain is homeless and living in graveyard because she ‘can’t access her pension’ Laraine McHendrie Decaire, 64, is homeless living outside a church in London She represented Great Britain in national swimming competitions in the 1980s Laraine says she paid into a pension since she was 14 but has been … Read more
The Chancellor is hoping to save £250million a year by curbing pension tax breaks for better-off workers, according to reports on his plans for next week’s Budget. Rishi Sunak is considering freezing the lifetime allowance, the total amount you can pay into a pension and still get tax relief, at £1,073,100 for the rest of … Read more
I would be grateful for any advice. I was divorced in 2012. My ex-husband was 65 in 2013. When I claimed my state pension it did not occur to me to use his pension contributions to enhance my pension. I was born in 1948 as was my ex-husband. Would it be possible to ask the … Read more