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Orphan pensions and investments worth £800m could be handed to charity under plan to widen ‘dormant assets’ scheme Some £745m has been raised from inactive bank and building society accounts Insurance and pension policies, shares and other investments to be covered too Move requires legislation so it is unclear when money will start being released … Read more
NHS Test and Trace app boss Simon Thompson becomes Royal Mail’s new chief executive Simon Thompson was Ocado’s chief product officer before taking the NHS role Thompson replaces Keith Williams, who will take non-executive role He will receive a base salary £525,000 and a pension allowance of 13.6 per cent By Camilla Canocchi for Thisismoney.co.uk Published: … Read more
Small investors ploughed £8.3billion into funds in November as the vaccine rally and US election lifted spirits – but still pulled £425m out of UK shares UK investors put £8.3billion more into funds in November, IA figures reveal The global sector was one of the biggest winners with a record £1.7bn inflows But UK stock … Read more
Banks have brought back or boosted balance transfer deals over the last month as they loosen the lending taps, but borrowers looking to clear their debts still have less choice than ever before. MBNA, Sainsbury’s Bank and Virgin Money all lengthened the interest-free terms on some of their cards, while the supermarket lender also reopened … Read more
My partner and I are looking to increase space and add value to our current home. We have been advised that either a loft conversion or a rear extension would be the best way to do this. How should we decide what to do? How much will it likely cost? What will be involved? And … Read more
RUTH SUNDERLAND: Economy that emerges from Covid rubble will be very different – youngsters who come of age in Generation Pandemic will lead way Demographics will have a huge effect on the UK and other developed economies in the coming years The baby boomer stranglehold is being broken, slowly, perhaps, but the pandemic will speed … Read more
My partner and I are looking to increase space and add value to our current home. We have been advised that either a loft conversion or a rear extension would be the best way to do this. How should we decide what to do? How much will it likely cost? What will be involved? And … Read more
We moved home last summer into a house that we consider a project and needs totally refurbishing and extending. It’s not quite a Grand Design but we intend to completely transform the house. Our plan was to get a small selection of architects round in the New Year to give us their thoughts on what … Read more
My late father qualified for winter fuel payment, so will it still be paid? Steve Webb explains the rules for help with heating bills By Steve Webb for This Is Money Published: 07:42 GMT, 11 January 2021 | Updated: 07:42 GMT, 11 January 2021 My dad passed away in November. He was entitled to the … Read more
Pensioner homeowners are missing out on thousands of pounds of income by failing to claim their full entitlement to state benefits. Some 42 per cent of eligible homeowners are failing to claim any benefit at all, losing out on £830 a year on average, according to a report by Just Group, a specialist in retirement products … Read more