An 83-year-old woman with dementia has received £115,000 and an apology from the Government in a second shocking case of a widow being underpaid state pension for two decades. The payment to Barbara Cornish, a former doctor’s receptionist from Essex, is the latest to emerge in the scandal of elderly women missing out on state … Read more
Coronavirus pandemic to cut £100bn off pension costs: Lower lifespans lead to big savings By Ben Wilkinson, Money Mail Published: 21:51 BST, 24 July 2020 | Updated: 22:05 BST, 24 July 2020 The deadly impact of coronavirus could save pension providers close to £100billion, analysis has revealed. Pension experts say the virus could wipe as … Read more
Four solutions to the problem of low-paid workers being deprived of pension cash paid to better off colleagues are being offered by the Government, which says it is also open to other suggestions. Critics have long demanded action over a tax flaw which means some poorly paid staff lose government payments into their pension pots, … Read more
High earners’ pension contributions could be targetted as MPs urge Government to review tax relief rates The Public Accounts Committee has called for a review of pension tax relief It said the Government did not understand if such tax breaks were effective The PAC also said it was concerned that low-paid and part-time workers were … Read more
‘I spent £21k on state pension top-ups AND deferred for five years, but saw no increase in payments’: Why did the DWP ignore his pleas for help? Saver spent substantial sum to boost his state pension by £25 a week But increase was missed off payments due to start this summer ‘I have found it … Read more
My husband died in December 2003. He knew he was dying and so thought he had managed to put all his financial affairs in order. For many, many years he paid ‘state earnings-related pension’ on top of his basic tax so that when he retired he had a very good state pension by paying the … Read more
My husband died in December 2003. He knew he was dying and so thought he had managed to put all his financial affairs in order. For many, many years he paid ‘state earnings-related pension’ on top of his basic tax so that when he retired he had a very good state pension by paying the … Read more
State pension scandal: Labour raised the issue in parliament The heirs of elderly women who die without realising they were underpaid massive sums in state pension will receive the money, the Government has confirmed. Tens of thousands of women are owed a fortune in lost state pension due to a huge blunder uncovered by This … Read more
It’s time the Government faces up to the state pension scandal and pays ALL the women owed money, says JACK DROMEY MP By Jack Dromey For This Is Money Published: 07:35 BST, 9 July 2020 | Updated: 07:35 BST, 9 July 2020 Jack Dromey: ‘Labour wants to know how many women have been affected, who … Read more
Married women may have missed out on thousands of pounds of state pension money because vital letters were sent to their husbands. Wives are entitled to a state pension worth 60 per cent of their husband’s when he retires, but before 2008 they had to make the claim themselves. However, Money Mail can today reveal … Read more