Stephen Gold: ‘Are you worried that you might be buried alive? A will could put that right’ Stephen Gold is a retired judge and author who recently wrote a popular series for This is Money on how to be a successful executor. In a new two-part guide, he explains the wisdom of having a will … Read more
Axe the triple lock and come up with a guarantee the government can stick to, says SIMON LAMBERT By Simon Lambert for Thisismoney.co.uk Updated: 12:51 BST, 14 September 2023 A guarantee is only as good as the people giving it to you. This consumer advice truism explains in part why the triple lock is in … Read more
Inflation blow: Many people have only a small private retirement pot, and limited options to save more Inflation has pushed a comfortable retirement further out of reach for many savers, who now need to build a pot of nearly £600,000 to achieve financial freedom, new research reveals. The rising cost of living requires an extra … Read more
Over 250,000 women affected by state pension age changes have died while waiting for compensation ‘Waspi’ women say DWP failed to communicate raising state pension age to 66 Four million women born in the 1950s were affected by the change Many were close to retiring when they realised they wouldn’t get pension at 60 By … Read more
Daphne and Tim: ‘It has taken years to work our way through the complaints procedure, with the support of Steve Webb’ A state pension victory for a Surrey woman offers a ‘glimmer of hope’ for others being denied full backpayments of lost cash. Tens of thousands of elderly women are receiving nearly £1.2billion in state … Read more
Caring for grandchildren over the summer can boost your state pension A single extra National Insurance credit adds £303 a year to your pension You can put in a retrospective claim for credits going back to 2011 How do you claim ‘grandparent credits’: Find out the rules below By Tanya Jefferies Updated: 07:20 BST, 29 … Read more
Retirement plan: Women’s life expectancy predictions are the wider off the mark, as over-50s live to 87 on average Over-50s on average predict they will live to age 80, which is notably off current longevity data especially for women, a new survey reveals. Both genders make the same life expectancy forecast when asked, although a … Read more
The first official measure of the gender pensions gap has revealed a yawning hole in women’s savings. Women reach age 55 with a third less saved into private pensions than men, according to figures published this week by the Department for Work and Pensions. The data reflected much previous research, and the main causes are … Read more
Money in the bank: Final salary schemes have given workers a decent retirement The last of the country’s deluxe defined benefit company pension schemes are likely to be swallowed up by a small clutch of insurers within the next decade. But experts believe that those with benefits tied up in these schemes should not panic. … Read more
What are YOUR top three questions about pensions? How to find answers and get your savings on track for a comfortable old age People want an income forecast, a pot update and a savings health check But fewer feel confident about taking money decisions after a tough year Worried your pension will fall short? Scroll … Read more