Just a fifth of women in the UK are aware that their pension savings are invested in the stock market, a new survey has revealed. While a higher proportion of men surveyed understood their pension was in the stock market, that still leaves a staggering 69 per cent of the country’s workers ignorant as to … Read more
A leading pensions provider has joined forces with a property developer to build a new retirement village in Buckinghamshire worth around £80million. This is Money can reveal the Royal London Pension Property Fund has agreed to provide funds for Audley Group’s Wycliffe Park development, a 25-acre site at Horsleys Green in Buckinghamshire. Audley will be … Read more
I am a carer for my husband who has had three strokes. I wasn’t aware that I could claim my state pension, but when I did many thousands of pounds were deducted from the backpayment. I am still a carer looking after my husband, but am no longer entitled to a carer’s allowance because I … Read more
Boris Johnson and Rishi Sunak at war over pension reform as chancellor plans to suspend triple lock protection to tackle £2TRILLION public debt The Chancellor wants to shelve pensions ‘triple-lock’ to help economic recovery Boris Johnson has pushed back because maintaining lock was manifesto pledge Fears that increase in average wages next year could create … Read more
Former Pensions Minister Steve Webb is This is Money’s agony uncle and we’ve compiled 12 of his best and most popular answers to readers. Some are on topics people write in about week after week, while others are a little more off beat. Steve, who is now a partner at pensions consultant LCP, says: ‘We’ve picked … Read more
Robert Blake: ‘I went in with my eyes open. I was really aware there was a potential problem. I didn’t go there blind’ A self-employed saver snared by the baffling state pension top-ups system has won a £540 refund and received an apology. Robert Blake, 62, had grilled government staff on whether filling a four-year gap … Read more
It may benefit commuters and students, but pension firms warn…Scrapping RPI will cost savers £122bn By Lucy White For The Daily Mail Published: 22:29 BST, 20 August 2020 | Updated: 22:29 BST, 20 August 2020 Worth the wait: Ditching RPI would be beneficial for commuters It might sound like a mere technicality but Government plans to … Read more
Savers in ill health who move pensions have less cause to fear inheritance tax after Supreme Court ruling Many savers have transferred out of safe and generous final salary pensions This can bring inheritance benefits, but there is a tax risk if you die soon after Supreme Court ruling is good news for savers, says … Read more
Former Pensions Minister Steve Webb has taken up the cause of many readers since he became This is Money’s agony uncle. And sometimes his efforts to help one individual have turned into a much bigger fight to ensure untold numbers of other people – who might not necessarily read pension columns – are dealt with … Read more
State pension scandal: Women have bombarded the DWP asking for their payments to be checked (Stock image) A 73-year-old woman who was battling to win more than a decade’s worth of underpaid state pension has been handed £9,800 in a shock blunder by the Government. Kathleen Brennan will not be asked to return the money … Read more