moneypensions

I live in the family home and until last September I was caring for my mum, who has Alzheimer’s disease and vascular dementia, at home. She became too ill and had to go into a local care home. The cost is astronomical and I’m currently using my power of attorney to pay for mum’s care … Read more

My 73-year-old mum is separated from my dad and on £80 a week state pension – should she get more? Steve Webb replies By Steve Webb for This Is Money Published: 07:50 BST, 3 February 2020 | Updated: 10:25 BST, 14 February 2020 My mum currently receives a reduced state pension of around £80 per … Read more

I have had a difficult relationship with my father for over 15 years. I moved out of the family home and set up home with my partner with whom I now have a family. All communication ceased with my father and we have barely spoken since that time. My grandfather owned a significant property portfolio … Read more

Thousands of couples face a pensions blow as an income boost for older breadwinners is axed this year. The Government is pulling a weekly supplement worth up to £70 for pensioners who support a younger partner who is not yet old enough to collect their own state pension. It means some 11,000 couples will lose … Read more

John and Chrissie Wade: ‘We still feel that we and Mum in particular have been very badly treated by Aviva’ A Devon couple have won a year-long battle with Aviva after it cut off a frail 96-year-old woman’s £100 a month annuity payments. Ellen Wade’s son and daughter-in-law got embroiled in a bizarre misunderstanding over her … Read more

Blameless pensioners are fighting back against shock demands for thousands of pounds they were paid by mistake. Money Mail revealed pension errors that have had a devastating impact on retirees, with schemes slashing incomes and demanding money be returned when mistakes are discovered — often years later. Last week we reported how prison officers retired … Read more

Inheritance tax at 40 per cent should be ditched and replaced with a 10 per cent tax on annual gifts of £30,000-plus and a new death allowance, says a report by MPs. Their proposals would sweep away the current rules, including the seven-year survival one on large gifts – whereby the money gradually becomes free … Read more

I’m divorcing after 26 years of marriage. My husband is 73 and I’m 61.  He has a high value company pension and I have a small company pension due to part-time working to bring up the children. We have been separated almost three years now and I live with a new partner. He has agreed … Read more

Pensioners are being forced to look for work and cancel holidays amid a payments backlog at one of Britain’s biggest insurers. One reader told Money Mail he had been waiting for the Prudential to release his pension pot for almost a month, while another had to wait three months for compensation. Savers have also complained … Read more

I read with interest your article about how much you need to earn to get a qualifying year towards the state pension, and applaud your good advice – but is there another point to be borne in mind?  I attach a P60 that I generated from my firm’s payroll software in which five months have … Read more