nheritance tax at 40 per cent should be ditched and replaced with a 10 per cent tax on annual gifts of £30,000-plus and a new death allowance, says a report by MPs.

Some pensioners, such as Royal Navy veteran Arthur Mullett (pictured) and former Royal Mail delivery driver Chris Slaytor, have refused to accept the huge shock bills, they received after mistakes were made.

Some 54% said they were unaware of the current size of their pots, and a further 8% couldn't answer, while 38% said they did know.

Savers who want to ease into or delay retirement should be allowed to take part of their state pension and put off drawing the rest, says Aviva.

Former Army Major Adrian Furnival, pictured with wife Sheila, will soon have £70 stripped from his £260 weekly pension - yet was only told about the cut in February 2018

A raid on popular pension tax breaks to drum up cash for other Government projects is reportedly on the cards at the upcoming March Budget.

Moves such as cutting higher rate tax relief are often depicted as hitting the wealthy older generation, but that's disingenuous.

I feel aggrieved my inheritance is going to be £25k while my brother will likely get £975k from my father in addition to the £4m in properties he's already received.

Would tips be taken into consideration for child benefit? If they aren't then his income falls below the threshold at which child benefit is removed. The child benefit rules and common traps explained...

With the smell of a spring Budget in the air comes the rumour of yet more restrictions on the tax relief available to boost our pension saving. But how will Mr Sunak treat pension savers?

The controversial investment-linked insurance policies were popular decades ago, but have since been all but abandoned by customers and firms after an explosion in complaints.

If the new Chancellor Rishi Sunak wants to appeal to Tory voters in the shires and the new converts in the Red Wall seats of the North, he should use his first Budget to end the war of attrition on savers.

'Cash today, poverty tomorrow must be avoided, as large withdrawals from pension pots could mean later life hardship for many,' says the Association of British Insurers.

There are 18 providers offering 74 deals - up from just 36 this time last year. The average interest rate charged has fallen slightly from 3.5 per cent to 3.47 per cent , according to moneyfacts.co.uk.

Five years after the introduction of pension freedoms, the Association of British Insurers is warning that many middle-aged savers may not be doing what's best with their pension pots.

After the failure by UK authorities to take action, campaigners have launched a private prosecution on the Costa Blanca where many of the rogue schemes now operate.

A 'tipping point' will be reached where older people are unable to afford care, councils lack funding, and care homes don't have enough room to meet demand, warns the 'Elderly Care Crisis' report.

A selection of Steve's top columns can help you avoid being scammed, understand the mysteries of the new state pension, and gain peace of mind by making the most of your pension savings.

The £980 cremation service is aimed at people wanting a budget or unconventional send-off for loved ones. Ashes are returned to a family, who can then mark a death at an affordable price.

According to the Office for National Statistics, 11 per cent of private sector workers who have a pension are in a generous final salary scheme. This compares to 92 per cent in the public sector.

Anyone aged 47 or under must plan ahead if they want to retire earlier than 57, or will need cash for other purposes like paying off mortgages, home renovations or university fees for their children.

Barry O'Dwyer, chief exec of insurer Royal London, said the catastrophic rout caused by the coronavirus could mean some people nearing retirement age no longer have enough money left to live off.

We explain how you can mitigate the fallout from reducing or ending pension contributions for a time. Don't panic, stay vigilant against scams, and keep paying in if you can afford it.

With fear about coronavirus gripping the country, demand for wills is soaring. Law firms say they are seeing jumps in requests ranging between 30 and 70% compared with normal business.

Younger savers will have decades to recoup pension losses, but those close to retirement have tough decisions to make.

Savers who are under financial pressure or have lost jobs should beware scammers tempting them to tap pension pots early or switch them into higher risk investments.

Tom Selby, a senior analyst at financial services firm AJ Bell, explains how first-timers and experienced investors can avoid unnecessary losses and big tax bills

Morten Nilsson said switching billions of index-linked government bonds it held from the Retail Prices Index to CPIH would cost it at least £1billion, due to a fall in the value of the bonds.

So far they have cheated victims out of £2 million, using the fear of Covid-19 to launch a wave of scams that experts describe as 'sick'. We advise you on how to thwart the fraudsters.

Many savers have ditched these generous guaranteed pensions in recent years, often tempted by huge transfer value offers. We reveal six things you must consider if you're tempted.

Registering lasting power of attorney might start taking longer than the usual eight weeks during the current crisis, but official oversight body suggests some temporary workarounds.

We explain how pensions are treated while people are furloughed, including what happens if you are in your employer's 'salary sacrifice' scheme.

We separated 20 years ago. I am about to inherit from an estate and have a small private pension and a full state pension. Can my wife claim on them? Lawyer Lisa Pepper, of Osbornes Law, replies.

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.

The only item in the will is his house, which will be split 50/50 between my brother and I anyway. There's nothing underhand going on in any way. Lawyer Jane Sutherland of Nelsons, pictured, replies.

Any saver expressing interest in ditching a final salary pension is to be warned off in a letter telling them it's unlikely to be in their best interests.

Sainsbury's customer Rose Knight, from Surrey, who drove ambulances during World War II air raids, has been unable get food dropped off at her home, despite frequent attempts.

The Britain's Got Talent judge tweeted the good news, revealing the first story will be from his The World's Worst Children series. 

The Britain's Got Talent judge, 49, displayed her toned figure in gym gear as she got some fresh air with her family.

The radio host, 49, shared a sweet selfie with daughters Hollie, eight and 14-year-old Lexi on Instagram on Thursday before nominating fellow BGT judges to a fun pet challenge.

The Britain's Got Talent judge was joined by seven-month old Anaya - the younger of her two children with partner Azuka Ononye  as she kicked off her week with some free exercise.

Chelsea war veteran Colin Thackery, 90, told on GMB we have to be 'disciplined' and 'do what we're told' to beat coronavirus - but admitted he finds it 'highly amusing' that people are stockpiling toilet roll.

She's been keeping busy during the coronavirus lockdown in the company of her partner Azuka Ononye and their two daughters.

The Britain's Got Talent judge posted a photo of Azura, six, sweetly kissing her little sister Anaya, seven months, on the cheek.

The preview features a montage of some of the show's wackiest auditions yet, as the nation sets out to wow judges Simon Cowell, David Walliams, Alesha Dixon and Amanda Holden.

The eight mini episodes will be released on ITV Hub minutes after the main show ends, to showcase some of the more bizarre and wacky acts who auditioned for the show.

Amanda Holden looked delighted to be getting her exercise in as she enjoyed her daily run with daughter Hollie, eight on Thursday.

To grown-ups, David Walliams (pictured, with child fans Evie and Ed) is the Little Britain star who brings his humorous touch to Britain's Got Talent. But to children, he's the reigning king of fiction.

Opting for a  casual grey T-shirt and shorts, Cowell, 60, looked relaxed as they prepared fro a coastal stroll through the upmarket suburb.

The music mogul, 60, has been self-isolating with his other half, 42, after California residents were put under lockdown in late March.