I’m currently 47 and turn 55 on 29 March 2028. I’ve also been heeding the advice of your pensions column over the years and my pension savings pot has now hit the lifetime allowance limit of £1,073,100. Gov.uk tells me that my state pension age is 67. I’m trying to plan for my financial future … Read more
Older wives and women who divorced in retirement urged to check if they are entitled to a better pension By Ben Wilkinson for the Daily Mail Published: 22:01 GMT, 9 March 2021 | Updated: 22:01 GMT, 9 March 2021 The Government has put aside £3bn to pay around 200,000 wives, widows and over-80s who should … Read more
Pension scammers are targeting baby boomers in their droves, a report by Just Group has revealed. Nearly a quarter of 55-74 year olds received unsolicited contact in the 12 months to October 2020 with scammers targeting billions of pounds build up in retirement pots. More than £30million has been reportedly lost to pension scams since … Read more
Older women denied a stunning £3bn in state pension: STEVE WEBB explains the scandal he and This is Money exposed, and what happens now By Steve Webb for This Is Money Published: 08:11 GMT, 8 March 2021 | Updated: 08:17 GMT, 8 March 2021 State pension scandal: Staggering £3bn DWP bill for shortchanging women now … Read more
Older women denied a stunning £3bn in state pension: STEVE WEBB explains the scandal he and This is Money exposed, and what happens now By Steve Webb for This Is Money Published: 08:11 GMT, 8 March 2021 | Updated: 08:11 GMT, 8 March 2021 State pension scandal: Staggering £3bn DWP bill for shortchanging women now … Read more
I have received a letter from my pension firm regarding my lifestyle fund, asking me to check my plan and to consider whether I still intend to buy an annuity. I am due to claim my state pension in November 2024 and have never stated I intend to take an annuity. My fund is only … Read more
Some of the country’s leading financial experts are urging people to keep saving into a pension despite the tough economic backdrop By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 27 February 2021 | Updated: 21:50 GMT, 27 February 2021 Some of the country’s leading financial experts are urging people to keep saving … Read more
The Chancellor is hoping to save £250million a year by curbing pension tax breaks for better-off workers, according to reports on his plans for next week’s Budget. Rishi Sunak is considering freezing the lifetime allowance, the total amount you can pay into a pension and still get tax relief, at £1,073,100 for the rest of … Read more
Proudly smiling on graduation day at The Royal Orthopaedic Hospital in Birmingham in 1984, these four friends had their whole nursing careers ahead of them. Now, after serving the public for four decades, they have reached retirement age and can think about drawing on their hard-earned NHS pensions. But unlike her colleagues in the photograph, … Read more
Proudly smiling on graduation day at The Royal Orthopaedic Hospital in Birmingham in 1984, these four friends had their whole nursing careers ahead of them. Now, after serving the public for four decades, they have reached retirement age and can think about drawing on their hard-earned NHS pensions. But unlike her colleagues in the photograph, … Read more