You’ve almost certainly had more pressing things on your mind than your pension over the last five-and-a-half months. But as summer turns to September and the government prepares to turn off the furlough taps and withdraw its other coronavirus support schemes, and mortgage and credit card payment holidays come to an end, it’s time to … Read more
My ex-husband contacted me recently because he intends to take advantage of the change in UK pension law, to allow him to withdraw 25 per cent of his pension in a lump sum (tax-free) and then receive the balance in monthly or yearly payments. As we have a UK divorce order from 2002 which ordered … Read more
My husband was a firefighter for 30 years but died before getting his state pension – will I inherit it? Steve Webb replies By Steve Webb for This Is Money Published: 10:51 BST, 7 September 2020 | Updated: 10:51 BST, 7 September 2020 I wonder if you could clear up a question for me. I … Read more
Hard-up workers could end up only being able to access their pension pot cash from the age of 60 in future, experts have told This is Money. On Thursday, the Government confirmed that from 2028 the age at which people can access their pension money will rise from 55 to 57. This means anyone currently … Read more
Married At First Sight’s Elizabeth Sobinoff reveals she was on disability pension before finding fame – and says she’s been underweight most of her life By Monique Friedlander For Daily Mail Australia Published: 07:03 BST, 3 September 2020 | Updated: 07:07 BST, 3 September 2020 Married At First Sight star Elizabeth Sobinoff has candidly spoken … Read more
I am writing on behalf of my sister who has insisted that she is unable to get universal credit and I just don’t get it. My sister has worked since leaving school and has National Insurance contributions to reflect this. Now 62 years old, she is returning to work as a teaching assistant in September. … Read more
Do you know how your pension is invested – and what will happen to the triple lock? The This is Money podcast By This Is Money Published: 17:02 BST, 28 August 2020 | Updated: 17:02 BST, 28 August 2020 A large chunk of workers are unaware that their pension savings are invested in the stock … Read more
The future of the ‘triple lock’ that guarantees annual state pension increases of at least 2.5 per cent is rumoured to have caused a rift at the top of the Government. The pledge is highly valued by elderly voters and Prime Minister Boris Johnson is reportedly keen to keep his election promise to maintain it … Read more
Laid low by a flagging share price, BT is now feared to be an attractive target for vulture funds that could swoop in and pick it to pieces. The former state telecoms monopoly, privatised by Margaret Thatcher, was worth £49billion four years ago but its value has since been diminished to just over £10billion. Yet … Read more
A new football-themed campaign to flag the risks of pension fraud is being fronted by legendary commentator Clive Tyldesley. Men in their 50s, who are the ‘average victim’ of pension scammers, are being urged to show them the red card by the veteran voice of football matches. The effort to raise awareness about typical pension … Read more