on Can we sell our house to our children on the cheap to avoid care home fees? By www.dailymail.co.uk Published On :: Tue, 07 May 2019 16:09:51 GMT If we were to sell the property to our two children for £70,000 as this is the figure we considered for equity release, would there be any problems? Full Article
on Can I inherit my ex-husband's pension? By www.dailymail.co.uk Published On :: Fri, 10 May 2019 06:41:35 GMT My ex-husband says he has left me to inherit his NHS remaining pension in case he dies. We both have never remarried and have two children in university. Lawyer Jacqueline Major replies. Full Article
on Grandparents providing childcare are urged to claim state pension credits By www.dailymail.co.uk Published On :: Mon, 20 May 2019 08:35:50 GMT Hundreds of thousands of grandparents and other family members could be missing out on valuable credits towards the state pension worth around £250 a year in old age, new research reveals. Full Article
on State pension age: What is the retirement age in the UK? By www.dailymail.co.uk Published On :: Tue, 21 May 2019 14:18:15 GMT We explain forthcoming changes to the state pension age, so you can find out when you will be allowed to retire Full Article
on If we needed care, would we have to sell second flat our son lives in? By www.dailymail.co.uk Published On :: Fri, 28 Jun 2019 06:44:04 GMT We spent an inheritance and a lot of savings on buying a tiny flat for one son, but might we be forced to sell up if one of us needed care? Lawyer Ben Tyer (pictured) of GLP Solicitors replies. Full Article
on Should I fake a divorce with my wife so we can split my pension? By www.dailymail.co.uk Published On :: Mon, 15 Jul 2019 09:12:02 GMT This is Money columnist Steve Webb and lawyer Fiona Wood jointly tackle a reader question about shamming a divorce to dodge tax. Find out the pitfalls here... Full Article
on Critics slam 'absurd' Government stance on backdating state pension credits By www.dailymail.co.uk Published On :: Sun, 22 Sep 2019 08:30:30 GMT Gaynor Seymour, pictured with husband Andrew, lost state pension credits over an innocent paperwork error - but she can prove she looked after their daughter during the disputed period, she says. Full Article
on Does brother's deathbed gift of his house to my son stand without a will? By www.dailymail.co.uk Published On :: Thu, 26 Sep 2019 13:56:21 GMT My brother died two days after receiving a diagnosis. I had at his request organised a solicitor to visit him in hospital to arrange a will. He passed in June, two days before the appointment. Full Article
on Give mums their state pension credits back, say Treasury tax experts By www.dailymail.co.uk Published On :: Fri, 11 Oct 2019 14:33:31 GMT In a stinging report, tax officials said people 'can easily disadvantage themselves' in a system that 'appears illogical', and told the Government to find a way to restore lost credits to parents. Full Article
on I am 30 and on £50k: How much should I save in a pension to retire at 60 By www.dailymail.co.uk Published On :: Tue, 12 Nov 2019 09:53:14 GMT How much do I need to be saving into my pension to achieve this, assuming I achieve returns of 7% a year and that I live until 85. Financial planner Kay Ingram (pictured left) replies Full Article
on If I give my son my £25k stamp collection must I prove it for IHT? By www.dailymail.co.uk Published On :: Mon, 02 Dec 2019 10:47:40 GMT Do I have to give him a formal dated letter to prove it was a gift and when the gift was made? Can you suggest a format? Lawyers Jennie Pratt and Jack Burroughs of Ashtons Legal reply. Full Article
on Can I retire early at 58 with £420k in savings and £6k pension? By www.dailymail.co.uk Published On :: Tue, 03 Dec 2019 19:28:00 GMT I had an £84k pension but cashed it in when I was 55 to pay off debts. Since then, I have come into an inheritance so I have £420k in savings and have rejoined my company's pension scheme. Full Article
on City watchdog confirms it's looking into equity release By www.dailymail.co.uk Published On :: Thu, 12 Dec 2019 10:18:02 GMT Equity release customers could have been given the wrong advice it has emerged, as the City watchdog confirmed it is looking at mortgage lending practices to older borrowers. Full Article
on I don't own a computer but CBA Malwarebytes took my cash for YEARS By www.dailymail.co.uk Published On :: Sun, 22 Dec 2019 10:32:04 GMT Eric Lewis-Leaning discovered last month he was paying £19.95 a year to a company called 'CBA Malwarebytes' via his credit card, despite not owning a computer. Full Article
on Should I get power of attorney or is it a waste of money? By www.dailymail.co.uk Published On :: Sat, 28 Dec 2019 09:44:04 GMT I am 84 years of age, healthy and fit for my age. I have given my son a will drawn up by a solicitor. He inherits all my assets. He wants to have a power of attorney document drawn up. Please advise. Full Article
on Thousands of savers lose up to £10billion in rogue pensions schemes sanctioned by the government By www.dailymail.co.uk Published On :: Mon, 30 Dec 2019 01:09:34 GMT Workers have lost their savings after transferring their nest eggs to rogue schemes because they were enrolled with the UK's HMRC and Pensions Regulator - making it appear above board. Full Article
on DWP does not hold records of people who do not claim state pension By www.dailymail.co.uk Published On :: Wed, 01 Jan 2020 08:21:36 GMT Financial services firm Responsible Life submitted a Freedom of Information request and learned the DWP does not keep track of how many people fail to claim the state pension. Full Article
on How do I save properly in a pension while in my 20s? By www.dailymail.co.uk Published On :: Fri, 03 Jan 2020 08:23:10 GMT Getting your head around how your pension works, whether you're saving enough and finding out about how your money is invested can be a daunting prospect for young workers. Full Article
on Pension firms should send customers 'birthday card' forecasts, says Ros Altmann By www.dailymail.co.uk Published On :: Mon, 06 Jan 2020 07:29:05 GMT Standard wording should be adopted and made compulsory to prevent firms using 'obfuscatory' jargon that baffles savers, argues Lady Altmann Full Article
on Price of a funeral in 2020 is £4,417 - but a budget cremation is far less By www.dailymail.co.uk Published On :: Mon, 06 Jan 2020 11:04:18 GMT Funeral costs have increased by 3.4% over the past year, but the price of a direct cremation - meaning without a funeral service - fell by 5% to £1,626. Full Article
on What you need to know about pensions in 2020: Brexit, social care and tax By www.dailymail.co.uk Published On :: Mon, 06 Jan 2020 12:33:55 GMT The newly re-elected Government now has a majority that gives it the opportunity to solve major issues affecting retirement finances. Here's what you need to know. Full Article
on With up to £20billion of savings feared lost, here's how to track down your missing pot By www.dailymail.co.uk Published On :: Tue, 07 Jan 2020 10:56:34 GMT The average person has 11 jobs in their lifetime, so it is no wonder two in three Britons have more than one pension pot. The industry has long discussed launching an online pensions dashboard Full Article
on The shameful pension blunders: Warning signs ignored by HMRC By www.dailymail.co.uk Published On :: Wed, 08 Jan 2020 09:25:44 GMT HMRC refused to warn people it had launched investigations into fraudulent pension schemes registered with it, enabling the scammers to continue to fleece hundreds more victims. Full Article
on Time to keep your pensions promise, Boris! PM pledged to help victims By www.dailymail.co.uk Published On :: Wed, 08 Jan 2020 10:09:29 GMT After meeting workers fleeced of their futures in the scandal, the now Prime Minister, pictured with victims with David Burgess, left, Sue Flood and Micky Nettle, pledged to take up their case. Full Article
on Will you live to your 90s? Number of nonagenarians soars by a third By www.dailymail.co.uk Published On :: Thu, 09 Jan 2020 08:40:28 GMT This year, the total number of people aged 90 and above is expected to hit 616,000, up 36% since 2010 and vastly outstripping the 7% rise in the overall UK population. Full Article
on Are you missing out on pension tax relief by not claiming it on your annual return? By www.dailymail.co.uk Published On :: Mon, 13 Jan 2020 08:05:52 GMT Thousands of taxpayers are not including correct information about their pensions on their annual returns, according to mutual insurer Royal London. Full Article
on Prudential sparks anger by delaying pension payments By www.dailymail.co.uk Published On :: Wed, 15 Jan 2020 09:13:06 GMT Pat Savage, 73, has been waiting since October for a compensation payment of around £3,500. The retired construction health and safety manager bought a standard annuity with the Prudential when he retired. Full Article
on My ex is offering me a fifth of his pension in the divorce - is that fair? By www.dailymail.co.uk Published On :: Thu, 16 Jan 2020 09:10:06 GMT If I accept my husband's offer I would have less than half of the income that he is receiving, along with a five-year wait for my state pension. Lawyer Fiona Wood, pictured left, replies. Full Article
on Rumoured new fix for doctor pensions crisis could mean windfall for ALL higher earners By www.dailymail.co.uk Published On :: Fri, 17 Jan 2020 10:50:26 GMT The Treasury is reportedly considering raising a key threshold where the controversial 'taper' kicks in from £110k to £150k, but pension experts think this will be ineffective or 'a sticking plaster'. Full Article
on A new permanent pensions commission is needed to solve 'unfinished business' of reform By www.dailymail.co.uk Published On :: Mon, 20 Jan 2020 12:00:37 GMT Pensions Minister Guy Opperman and shadow pensions minister Jack Dromey have called for for a new independent 'arms-length' government body in a think-tank report. Full Article
on Tempted to cash a pension before 55? You are at serious risk of fraud By www.dailymail.co.uk Published On :: Mon, 20 Jan 2020 12:47:32 GMT Reputable firms don't encourage savers to take money out of pensions before they are 55, in the form of a loan or any other kind of cash payout, due to the stiff tax penalty. Full Article
on Can you start renovations on an inherited house before getting probate? By www.dailymail.co.uk Published On :: Tue, 21 Jan 2020 11:23:54 GMT As the executor I'm a bit concerned that we may be breaking the law if he starts the work before probate is granted. What should we do? Lawyer James Beresford, pictured, replies. Full Article
on Could YOU be a victim of the pension payback scandal? By www.dailymail.co.uk Published On :: Wed, 22 Jan 2020 09:27:16 GMT Sweeping reviews of pension calculations have uncovered tens of thousands of errors that have seen pensioners overpaid, and underpaid, for decades. Full Article
on Prudential promises victims of IT glitch will get pension payments By www.dailymail.co.uk Published On :: Wed, 22 Jan 2020 09:29:38 GMT We reported last week how Peter Burgess (pictured) had been unable to access his pension pot, while Pat Savage had been waiting for a compensation payment for nearly three months. Full Article
on Have you got a silver start-up idea to profit in your pension years? By www.dailymail.co.uk Published On :: Wed, 22 Jan 2020 09:49:29 GMT Lorraine Johnson-Rosner, 70, makes £10,000 to £15,000 a year selling similar rooms and gardens for dolls, plus vintage dolls and clothes for them. Full Article
on Nearly half of over-55s tapping pensions only take their 25% tax-free cash By www.dailymail.co.uk Published On :: Thu, 23 Jan 2020 19:03:29 GMT Of those who start drawing an income, just two out of five do so immediately. Among those who wait, 40% put it off for at least half a year, and 24% delay for more than a year, says Hargreaves Lansdown. Full Article
on Redundancy has a 40% drag effect on pension savings By www.dailymail.co.uk Published On :: Mon, 27 Jan 2020 09:23:35 GMT People aged 39-54 who suffered compulsory redundancy have average pensions savings of £120,634 - while those who avoided being laid off have £202,017. Full Article
on Threat of frozen state pensions lifted for British expats in EU By www.dailymail.co.uk Published On :: Mon, 27 Jan 2020 09:29:31 GMT The withdrawal agreement under which the UK exits the EU on January 31 provides certainty on future state pension rises for current EU expats. Full Article
on Three-quarters of Britons risk being left without access to their cash By www.dailymail.co.uk Published On :: Wed, 29 Jan 2020 09:08:23 GMT Which? found 77 per cent of 1,500 people surveyed in the UK held either one account or several with the same provider, leaving them stuck during online and mobile banking hitches. Full Article
on Former prison officer hit with a £100k bill after pension mistake By www.dailymail.co.uk Published On :: Wed, 29 Jan 2020 09:19:48 GMT Former prison officer Paul Davidson, 62, pictured, was forced to retire early in 2012 after he suffered a breakdown. He spent a month in a clinic and his wife had to give up work to care for him. Full Article
on The pension payback victims who refused to pay back...and won By www.dailymail.co.uk Published On :: Wed, 05 Feb 2020 09:24:03 GMT 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. Full Article
on How do I find out how much pension I have saved? By www.dailymail.co.uk Published On :: Fri, 07 Feb 2020 09:45:39 GMT 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. Full Article
on I live in Canada but can I get my state pension paid in sterling? By www.dailymail.co.uk Published On :: Mon, 10 Feb 2020 09:02:32 GMT I have been a permanent resident in Canada and had dual citizenship since 1977. I have opened a sterling bank account with HSBC in Canada - can my British state pension be paid into it? Full Article
on Would you delay PART of your state pension to get more later? By www.dailymail.co.uk Published On :: Wed, 12 Feb 2020 00:01:53 GMT 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. Full Article
on The £70 a week state pension adult dependency increase faces axe By www.dailymail.co.uk Published On :: Wed, 12 Feb 2020 09:58:41 GMT 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 Full Article
on Will pension tax relief be slashed to 20% for all? By www.dailymail.co.uk Published On :: Wed, 12 Feb 2020 14:05:51 GMT 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. Full Article
on Pension tax relief cuts would be another bad intergenerational deal By www.dailymail.co.uk Published On :: Thu, 13 Feb 2020 06:00:46 GMT Moves such as cutting higher rate tax relief are often depicted as hitting the wealthy older generation, but that's disingenuous. Full Article
on Can the council make me homeless if money for mum's care home runs out? By www.dailymail.co.uk Published On :: Fri, 14 Feb 2020 13:50:20 GMT There's enough money to keep up with my mum's care home payments until Christmas. I'm keeping the heating switched off and have cut down on groceries to try to save some extra money. Full Article
on My chef husband gets paid via tips in a tronc - can we claim child benefit? By www.dailymail.co.uk Published On :: Fri, 14 Feb 2020 13:51:46 GMT 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... Full Article
on JEFF PRESTRIDGE: New Chancellor Rishi Sunak needs to make his mark...by improving our pensions By www.dailymail.co.uk Published On :: Sun, 16 Feb 2020 14:00:14 GMT 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? Full Article