Over the past five years, mother-of-two Jessica Thorpe has become a master of flexible working from home. She often won’t begin her working day until her two young children, Frank, four, and Stella, 18 months, are tucked up in bed at night and cannot distract her. To ensure she clocks up full-time hours, she also … Read more
I was wondering whether you could provide me with some advice regarding a pension issue that has arisen at my workplace. I started working for my company last year, but due to a delay in it giving me relevant paperwork, I recently discovered to my shock that my employer had not auto-enrolled me in the … Read more
‘Unclaimed winning lottery tickets’: Steve Webb has helped three more women get huge state pension payouts from the Government Around 5,000 women on tiny state pensions of £1 a week could be due backpayments worth tens of thousands of pounds, former Pensions Minister Steve Webb has revealed. This small group of women might be ‘sitting … Read more
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
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 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
More middle-aged savers should take a financial health check to get them ready for retirement, the pensions minister has told MPs. It is hoped that a simple ‘midlife MOT’ will give those aged between 45 and 60 a good idea of how prepared they are for later life, and help them take action now to … Read more
Victims of mis-sold pensions are being advised they might be better off making a claim themselves rather than going through a third party. New figures reveal that DIY claims stand a good chance of success – saving thousands of pounds in commission that might have otherwise gone to claim management companies or law firms acting … Read more
Can I take a 25% lump sum from my final salary pension and leave the rest where it is? Steve Webb replies By Steve Webb for This Is Money Published: 07:51 BST, 29 March 2021 | Updated: 07:51 BST, 29 March 2021 I’m 57 and have a final salary pension. I want to know whether … Read more
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