Savers in ill health who move pensions have less cause to fear inheritance tax after Supreme Court ruling Many savers have transferred out of safe and generous final salary pensions This can bring inheritance benefits, but there is a tax risk if you die soon after Supreme Court ruling is good news for savers, says … Read more
Former Pensions Minister Steve Webb is This is Money’s agony uncle and we’ve compiled 12 of his best and most popular answers to readers. Some are on topics people write in about week after week, while others are a little more off beat. Steve, who is now a partner at pensions consultant LCP, says: ‘We’ve picked … Read more
Former Pensions Minister Steve is This is Money’s Agony Uncle. Here’s where you can check out all his previous columns to see if any involve issues affecting you. Unfortunately Steve can’t reply to everyone who writes in, but we hope the broad range of topics he covers helps everyone at some point, whether they get … Read more
Former Pensions Minister Steve Webb has taken up the cause of many readers since he became This is Money’s agony uncle. And sometimes his efforts to help one individual have turned into a much bigger fight to ensure untold numbers of other people – who might not necessarily read pension columns – are dealt with … Read more
What baffles people most about pensions? STEVE WEBB answers his 200th reader question… and reveals what it’s like to be our agony uncle By Steve Webb For Thisismoney.co.uk Published: 07:11 BST, 18 August 2020 | Updated: 07:11 BST, 18 August 2020 Got a question? Find out how to ask former Pensions Minister Steve Webb about … Read more
State pension scandal: Women have bombarded the DWP asking for their payments to be checked (Stock image) A 73-year-old woman who was battling to win more than a decade’s worth of underpaid state pension has been handed £9,800 in a shock blunder by the Government. Kathleen Brennan will not be asked to return the money … Read more
Business owners could be compensated for stamp duty payments blunder Business owners have been paying stamp duty when transferring property from multiple owners into Sipps However HMRC says that no stamp duty is payable on these transactions Thousands of customers may be owed compensation as a result By Will Kirkman For Thisismoney.co.uk Published: 08:20 BST, … Read more
This is Steve Webb’s 200th pension column for This is Money. Look out for special coverage this week about Steve’s time as our agony uncle, and all he has done to help readers. I started to take my state pension in August 2018 at the age of 65 years. I am getting £666.52 per 28 … Read more
Two out of five young people have stopped or cut back on pension saving during the Covid 19 crisis, new research reveals. Pay cuts, redundancy and worries over job security have forced workers of all ages to consider whether they can still afford to put money in their pension, even though this could damage their … Read more
Single mums are retiring on pensions a third the size of other women’s and an eighth the size of men’s typical retirement pots, new research shows. Before retirement, mothers bringing up children alone are more likely to hold a job than the average adult, but tend to be employed in low-paid part-time roles that fit … Read more