Channel 10 has already yielded widespread criticism for refusing to axe the current affairs show The Project while brutally sacking at least 25 other jobs on Tuesday afternoon in response to the COVID-19 recession. And the network has continued to cop significant backlash after keeping on board the show’s Sunday edition host, Lisa Wilkinson – … Read more
My firm wants to cut my pay by a fifth – will this hit my final salary pension too? Steve Webb replies By Steve Webb for This Is Money Published: 07:31 BST, 27 July 2020 | Updated: 07:42 BST, 27 July 2020 I am nearly 56 years old and have had a final salary pension … Read more
The £4.50 mortgage: Fears furloughed workers will be unable to buy a new home after Britain’s fifth biggest bank TSB lists their salary as just £1 Lenders fear furloughed workers will not have a job to return to after the scheme TSB will only offer mortgages to furloughed workers if their partner is earning Some … Read more
Today host Karl Stefanovic is ‘trying to hold onto his $2.5million-a-year salary’ amid contract negotiations with Nine as the media industry cuts costs By Demeter Stamell For Daily Mail Australia Published: 02:44 BST, 15 June 2020 | Updated: 02:45 BST, 15 June 2020 He’s one of Australia’s most high-profile television stars, but Karl Stefanovic is reportedly … Read more
Are you a victim of bad pension advice? Compensation hopes for savers cheated out of generous final salary schemes By Ben Wilkinson for the Daily Mail Published: 22:02 BST, 9 June 2020 | Updated: 22:02 BST, 9 June 2020 Cheated savers who were persuaded to move their money out of generous final salary pension schemes … Read more
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
My lockdown pay cut takes my salary down a tax bracket: Do I need to check I’m not being taxed too much or will PAYE automatically adjust? By Thisismoney.co.uk Published: 15:43 BST, 2 June 2020 | Updated: 15:43 BST, 2 June 2020 I was on £52,000 a year before coronavirus but we were asked to … Read more
Harry Potter author JK Rowling has offered to pay the annual salary of the person who tweeted on the Civil Service Twitter account accusing Boris Johnson of being an ‘arrogant, offensive truth-twister’. The tweet was posted the press conference during which the Prime Minister defended his chief adviser Dominic Cummings. A tweet from the account … Read more
Retirement concern: My employer has passed my final salary pension to an insurer – how safe is it now? I have just read your column on final salary pensions. In common with many others, my employer passed on its scheme to an insurance company which now pays me an annuity. What happens to my pension … Read more
Any saver expressing interest in ditching a final salary pension is to be warned off in a letter telling them it’s unlikely to be in their best interests. Regulators have ordered pension schemes to start sending anyone requesting a cash valuation a letter urging them not to act in haste during the coronavirus outbreak, and … Read more