This is Steve Webb’s 200th pension column for This is Money. Look out for special coverage this week about Steve’s time as our agony uncle, and all he has done to help readers. I started to take my state pension in August 2018 at the age of 65 years. I am getting £666.52 per 28 … Read more
I retired with £1.4m but want to work again: Will I take a tax hit if I start a new pension now? Steve Webb replies By Steve Webb for This Is Money Published: 08:29 BST, 10 August 2020 | Updated: 08:29 BST, 10 August 2020 I protected my Lifetime Allowance at £1.5million and started taking … Read more
In our Money Pit Stop series, we ask financial experts to give This is Money readers a free portfolio makeover. Mike lives in London and is a marketing executive earning £32,000 per year. He started investing in funds in 2017 and now has a portfolio worth around £80,000 -most recently making a £15,000 profit after the … Read more
Scores of retired women have won back payments worth up to £17,000 after being short-changed on their state pension. The scandal involves married women, widows and divorcees who are entitled to a pension rate based on their husband’s National Insurance contributions. Analysis by former pensions minister Sir Steve Webb found that tens of thousands of … Read more
Scores of retired women have won back payments worth up to £17,000 after being short-changed on their state pension. The scandal involves married women, widows and divorcees who are entitled to a pension rate based on their husband’s National Insurance contributions. Analysis by former pensions minister Sir Steve Webb found that tens of thousands of … Read more
Audrey and Brian Watson: Couple from Staffordshire have spent months trying to persuade government to relent on her payout Elderly women who were underpaid state pension for more a decade are stepping up a battle with the Government for full backpayments. Audrey Watson, 81, pictured with husband Brian, received a 12-month backpayment of around £1,500 … Read more
Former Pensions Minister Steve is This is Money’s Agony Uncle. Here’s where you can check out all his previous columns to see if any involve issues affecting you. Unfortunately Steve can’t reply to everyone who writes in, but we hope the broad range of topics he covers helps everyone at some point, whether they get … Read more
I’m 39, have lost my job and am in debt – can I unlock my £18k pension? With huge tax penalties and scam risks Steve Webb warns: DON’T do it! By Steve Webb for This Is Money Published: 08:37 BST, 3 August 2020 | Updated: 08:37 BST, 3 August 2020 I’m 39 and I’ve paid … Read more
The founder of the world’s fastest growing chalk paint brand has revealed she gambled her pension ‘nest egg’ on launching the company from her garage – and it’s seen a 500 per cent sales surge during lockdown. Pamela Gruhn, of Camberley, Surrey, founded Frenchic in December 2014, having always had a passion for upcycling. It … Read more
My firm wants to cut my pay by a fifth – will this hit my final salary pension too? Steve Webb replies By Steve Webb for This Is Money Published: 07:31 BST, 27 July 2020 | Updated: 07:42 BST, 27 July 2020 I am nearly 56 years old and have had a final salary pension … Read more