I just found out I’m not divorced after 30 years! If I make it official finally, will it increase my state pension? Steve Webb replies By Steve Webb for This Is Money Published: 09:30 BST, 13 April 2020 | Updated: 09:30 BST, 13 April 2020 I have just found out I’m not divorced after 30 … Read more
Many older people need to draw an income from their pension investments to cover everyday bills, notwithstanding the recent market falls. Tom Selby, a senior analyst at financial services firm AJ Bell, explains how first-timers and experienced investors can avoid unnecessary losses and big tax bills. Pension freedom: Beware making big income withdrawals from investments … Read more
Pensioners are being forced to look for work and cancel holidays amid a payments backlog at one of Britain’s biggest insurers. One reader told Money Mail he had been waiting for the Prudential to release his pension pot for almost a month, while another had to wait three months for compensation. Savers have also complained … Read more
I would like to gift my stamp collection to my adult son before I die. The collection is worth approximately £25,000. Do I have to give him a formal dated letter to prove it was a gift and when the gift was made? Can you suggest a format for the letter? Gift to son: Are … Read more
My 73-year-old mum is separated from my dad and on £80 a week state pension – should she get more? Steve Webb replies By Steve Webb for This Is Money Published: 07:50 BST, 3 February 2020 | Updated: 10:25 BST, 14 February 2020 My mum currently receives a reduced state pension of around £80 per … Read more
Pull your finger out and tell parents child benefit errors can hit their state pension, NICKY MORGAN MP warns the Government By Nicky Morgan Mp For This Is Money Published: 13:44 BST, 7 June 2019 | Updated: 14:09 BST, 7 June 2019 Nicky Morgan MP, chair of the Treasury Committee: ‘The problem was wholly foreseeable … Read more
I live in the family home and until last September I was caring for my mum, who has Alzheimer’s disease and vascular dementia, at home. She became too ill and had to go into a local care home. The cost is astronomical and I’m currently using my power of attorney to pay for mum’s care … Read more
Care needs: Number of elderly and working age adults requiring help is increasing rapidly People who need help with essentials of daily living like eating, washing and going to the toilet should receive free personal assistance, says a report demanding massive new investment in social care. Some 1.4million people had an unmet care need in … Read more
Hundreds of bereaved families could be forced to unravel estates wound up years ago after Lloyds Banking Group discovered a vast trove of old wills it could not match to customers. Lloyds confirmed the massive storage blunder, revealed by the Financial Times, which has left it scrambling to reunite about 9,000 families with loved ones’ … Read more
After working steadily since the age of 16, Judie Jancovich was looking forward to retiring on a full state pension. But she is set to lose about £1,000 a year in retirement income as government guidelines were not properly explained on official forms. The university lecturer, now 64, is among possibly thousands of women whose … Read more