moneypensions

Middle-class families who have been caught out by the freeze in income tax thresholds could save hundreds of pounds by boosting their pensions. The number of Britons paying the higher rate of income tax will soar from four million to five million by 2026, following Rishi Sunak’s Budget. The higher 40 per cent rate will … 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

Audrey and Brian Watson: Couple from Staffordshire sent a question to Steve Webb a year ago, sparking our investigation – read their story here Elderly women could receive £3billion in state pension arrears after being shortchanged for decades, the Government admitted this week. The scandal was uncovered by This is Money and former Pensions Minister … Read more

My husband gets a pension from his former employer of around £1,700 a month. In the event of his death I will get half that per month. I want a divorce. Can I legally request that I will still be entitled to this money, as I have no pension of my own, or do I … Read more

True scale of the underpaid state pension scandal revealed: Elderly women owed a staggering £3BN by DWP after our campaign unearthed the blunder Staggering bill for shortchanging women on their pension now revealed   OBR includes figure for correcting state pensions in document accompanying today’s Budget It’s ‘truly mind-numbing’ says Steve Webb, who launched investigation … Read more

The Government has announced a tax raid on wealthy savers to help pay the huge bill it is running up to fight the Covid-19 pandemic. The pension lifetime allowance, the capital gains annual allowance and inheritance tax thresholds will be frozen until 2026, the Chancellor Rishi Sunak said in today’s Budget. The lifetime allowance, the … Read more

Pre-paid funeral deals will have to include a service to mark a loved one’s death in future under plans to crack down on rip-off providers. There will also be bans on cold calling, expensive add-ons and kickbacks to middlemen, to prevent people being mis-sold unsuitable funeral plans. The clampdown on firms that tout poor deals … Read more