Soaring numbers of parents and grandparents are raiding the equity in their homes to help younger relatives get on the property ladder. Estate agents and mortgage brokers have told Money Mail they are hearing from more and more buyers who are able to put down a deposit on their first home only because an older … Read more
I’m divorcing after 26 years of marriage. My husband is 73 and I’m 61. He has a high value company pension and I have a small company pension due to part-time working to bring up the children. We have been separated almost three years now and I live with a new partner. He has agreed … Read more
Help! My dad is leaving his house to me, but can I split it with my sister? They recently reconciled and she hasn’t seen the will By This Is Money Reporter Published: 07:42 BST, 29 August 2019 | Updated: 07:42 BST, 29 August 2019 In my dad’s will, the house is left to me and … Read more
The tricky task of dividing pensions fairly in a divorce and stamping out ‘unintended discrimination’ against women is tackled by top lawyers in a newly published guide. Pensions are often a family’s second most valuable asset after a home, but the legal experts found a widespread lack of confidence among colleagues in the profession about how … Read more
Pension scam victims yesterday gathered outside a Spanish court at the start of a major criminal prosecution of alleged fraudsters accused of fleecing Britons of millions. After the failure by UK authorities to take action, campaigners launched a private prosecution on the Costa Blanca where many of the rogue schemes operate. Victims of the now … Read more
Parents of newborns urged to sign up for child benefit, even though birth registrations are on hold during the coronavirus crisis Register offices are closed for now because of the coronavirus outbreak HMRC says parents can claim child benefit anyway – find out how below Payments are £21.05 a week for a first child and … Read more
The confusing array of inheritance tax rules on giveaways to loved ones should be swept away and replaced with a single ‘personal gift allowance’, say Government officials. The ‘seven-year’ rule for large gifts, which means that if you survive the money gradually becomes free of inheritance tax, should be axed in favour of a set … Read more
The coronavirus has wreaked havoc with the stock market, pensions and interest rates. Younger savers will have decades to recoup losses, but those close to retirement face tough decisions. So what should you do if you were hoping retire soon and do not have a final salary pension to bank on? Money Mail has asked … Read more
I’m a widow with young twins who inherited a £148,000 pension pot after my husband died, but it’s down 18% – what should I do? Steve Webb replies By Steve Webb for This Is Money Published: 07:27 BST, 6 April 2020 | Updated: 07:27 BST, 6 April 2020 I would like to ask you some … Read more
The number of families claiming child benefit has plunged by 44,000 to 7.28million over a year, putting more parents at risk of a poorer old age. Parents – mostly mums – can end up tens of thousands of pounds worse off in retirement because not claiming deprives them of valuable credits towards their state pension. … Read more