Lump sum pension withdrawals leap 94% as households suffer income shocks from Covid-19 The Association of British Insurers compared September with April this year Those taking only tax-free lump sums increased by 55 per cent Many households have been hit by job losses, pay cuts and furloughing By Sadie Whitelocks for MailOnline and Press Association … Read more
I worked for Tetley (of tea bags fame) in the late 1960s and early 1970s. When I left I withdrew my pension fund, amounting to some £300 or so. A few weeks ago I got a letter, supposedly from Legal & General, regarding some possible accrued pension. I followed this up using the phone number … Read more
Gemma Towle was just 16 when she had her first sunbed session. ‘I was desperate to look ‘healthy’ and tanned ready for my school prom,’ she says Gemma Towle was just 16 when she had her first sunbed session. ‘I was desperate to look ‘healthy’ and tanned ready for my school prom,’ she says. ‘I … Read more
Gemma Towle was just 16 when she had her first sunbed session. ‘I was desperate to look ‘healthy’ and tanned ready for my school prom,’ she says Gemma Towle was just 16 when she had her first sunbed session. ‘I was desperate to look ‘healthy’ and tanned ready for my school prom,’ she says. ‘I … Read more
It is a commonplace of financial advice that regularly investing small amounts can help to protect the small investor against stock market volatility. While this might generally be true, it will be more so in some cases than others – for instance, if you start to invest when shares are hitting a peak. But some … Read more
I have multiple pension pots which I was advised to not bring together as I now don’t have enough time to recoup the transfer costs and they have continued to increase by small amounts each year. I am 52 and plan to retire at 55, in summer 2022. I am in receipt of a Royal … Read more
A mother-of-two has revealed how a hug with her son ended up saving her life after it revealed a cancerous lump on her breast. Emily Makin, from Wigan, lifted her arms to cuddle Harrison, now three, when she spotted a mass at the top of her right breast last summer. Initially thinking it was just … Read more
I’ve come into some money and would like to pay down my mortgage but my lender has an overpayment limit – is there any way around this? By This Is Money Reporter Published: 07:46 BST, 16 April 2019 | Updated: 15:40 BST, 16 April 2019 I’ve recently received a generous lump sum of cash and … Read more