Defer your state pension payments and make thousands more, experts say

People who hold off receiving their state pension when they become eligible for the cash could be thousands of pounds better off in their retirement, experts claim. The state pension this week increased to £179.60 a week or roughly £9,300 a year for those who qualify for the full rate new state pension introduced in … Read more

Footballers end High Court pension mis-selling case 

Former Premier League footballers end High Court pension mis-selling case against business consultant By Daily Mail City & Finance Reporter Published: 22:16 BST, 8 April 2021 | Updated: 22:16 BST, 8 April 2021 Five former footballers have withdrawn claims against Kevin Neal after he sued for libel, the High Court heard last wee Five former … Read more

Will you suffer a ‘horrible shock’ at retirement? How to build a decent pension

Many workers are heading for disappointment when they retire on far less comfortable pensions than those enjoyed by today’s older generation, a finance expert warns. Employers dumping generous, guaranteed final salary pensions and government hikes to the state pension age are among eight hurdles that will make people saving now poorer in retirement than they … Read more

My mum was underpaid state pension for years and is now penalised by the council

My mother is a victim of the £3billion state pension scandal. It now appears that she is being victimised again by the local authority. Due to this scandal my mother has recently received a sizeable payment from the Department for Work and Pensions, because of their ineptitude going back 12 years to when my father … Read more

Tax chiefs are urged to stop chasing pension scam victims for large fines

Tax chiefs are urged to stop chasing pension scam victims for large fines and to show more empathy for those caught up in the nightmare HMRC was said to have ‘lacked empathy’ in its relentless pursuit of scam victims Government suggested a law change to allow some victims a tax amnesty MPs on the work … Read more

Pension Bee founder’s stake set to be worth £135m when app lists

Pension Bee founder’s stake set to be worth £135m when savings app lists on the stock market next month By Lucy White For The Daily Mail Published: 22:14 BST, 30 March 2021 | Updated: 22:14 BST, 30 March 2021 The founder of Pension Bee will be sitting on shares worth £135million when her company lists … Read more

MPs demand answers for elderly women in £3bn state pension scandal

Stephen Timms MP:  Chairman of work and pensions committee has asked DWP to explain how it is prioritising payouts to elderly women MPs have demanded the Government reveals how it plans to prioritise £3billion of state pension backpayments to elderly women, and make contact with heirs of those who have died. An estimated 200,000 women … Read more

Five pension tax tips for savvy savers

Tom Selby: Anyone with spare cash should consider making the most of their available pension allowances before the tax year ends on 5 April Tom Selby is a senior analyst at financial services firm AJ Bell. The coronavirus pandemic and national lockdown has placed huge strain on millions of people’s incomes, with worries about future employment … Read more

Should I have inherited anything from my late husband’s annuity pension?

Should I have inherited anything from my late husband’s annuity pension – and was he wrongly advised to buy one? Steve Webb replies By Steve Webb for This Is Money Published: 07:38 GMT, 22 March 2021 | Updated: 07:38 GMT, 22 March 2021 My husband has just died. When I went to get his pension … Read more