y

Time to keep your pensions promise, Boris! PM pledged to help victims

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.




y

Will you live to your 90s? Number of nonagenarians soars by a third

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.




y

Are you missing out on pension tax relief by not claiming it on your annual return?

Thousands of taxpayers are not including correct information about their pensions on their annual returns, according to mutual insurer Royal London.




y

Prudential sparks anger by delaying pension payments

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.




y

My ex is offering me a fifth of his pension in the divorce - is that fair?

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.




y

Fear not! Your first tax return DOESN'T need to be a nightmare

For many of the 660,000 people who reach state retirement age each year, this may be the first time they are responsible for working out their own tax bill. Here, we explain what you need to know.




y

Tempted to cash a pension before 55? You are at serious risk of fraud

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.




y

Can you start renovations on an inherited house before getting probate?

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.




y

Could YOU be a victim of the pension payback scandal? 

Sweeping reviews of pension calculations have uncovered tens of thousands of errors that have seen pensioners overpaid, and underpaid, for decades.




y

Prudential promises victims of IT glitch will get pension payments

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.




y

Have you got a silver start-up idea to profit in your pension years?

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.




y

Charity warns BBC over plan to strip over 75s of the free TV licence

Age UK has warned that hundreds of thousands of over 75s could struggle to pay for their TV licences if the BBC scales back on the benefit this summer in an effort to slash costs.




y

Nearly half of over-55s tapping pensions only take their 25% tax-free cash

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.




y

Redundancy has a 40% drag effect on pension savings

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.




y

As the cost of funerals is soaring, would YOU forgo a funeral service to save £3,200?

The cost of funerals is soaring - rising more than £200 over the past year to an average of more than £4,400 this month. But a decent send-off can still be arranged for less than half of this price.




y

Wives and husbands to get first £270k if you die without a will

Spouses whose partners die intestate are to receive at least the first £270,000 of their estate from 6 February onward.




y

Tax bill threat for workers forced to retire early

Insurer Royal London says the hundreds of people who take early retirement every year due to work-related sickness could find themselves in breach of their annual pension saving allowance.




y

The pension payback victims who refused to pay back...and won 

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.




y

Aviva stopped my 96-year-old mum's annuity over an address mix-up

Ellen Wade's son and daughter-in-law got embroiled in a bizarre misunderstanding over her address - despite being easily able to prove she had lived there since the mid-1970s.




y

I live in Canada but can I get my state pension paid in sterling?

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?




y

Would you delay PART of your state pension to get more later?

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.




y

The £70 a week state pension adult dependency increase faces axe 

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




y

I will inherit £25k while my younger brother gets £5m - can I fight this?

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.




y

Can the council make me homeless if money for mum's care home runs out?

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.




y

My chef husband gets paid via tips in a tronc - can we claim child benefit?

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...




y

JEFF PRESTRIDGE: New Chancellor Rishi Sunak needs to make his mark...by improving our pensions

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?




y

Should you start a final salary pension on your birthday or in April?

This case highlights how complicated the rules on final salary pensions can be to navigate. Find out what you should ask your scheme before triggering payments here.




y

How can an £18,000 investment-linked insurance policy be worth 60p?

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.




y

Vanguard's Sipp is the UK's cheapest ever DIY pension

Vanguard says the new self-invested personal pension scheme is designed to cut the 'cost and complexity' of saving for retirement.




y

Should you put more cash into your pension in case of Budget changes?

Rookie Chancellor Rishi Sunak was given a month to prepare for the Budget on March 11. Will Government top-ups into retirement savings pots be lowered to the 20 per cent basic rate for everyone?




y

Could my ex-husband sabotage a pension before handing it over to me?

What is to stop my ex-husband converting everything to useless shares that are falling in value? Barrister Rhys Taylor explains how pensions are handled when couples divorce.




y

How fast should you spend your pension pot? Many withdraw 8% a year

'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.




y

More choice for older borrowers looking for retirement interest-only mortgages

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.




y

BEN WILKINSON: Freedom can be costly when it comes to pensions

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.




y

Social care system faces collapse in 2029, the Government is warned

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.




y

Claim pension credit if you are over 75 and could lose free TV licence

Pension credit is a benefit for the poorest pensioners, and a surge in applications is likely to be underway due to the decision to means test pensioners for the free TV licence.




y

Budget cremations for under £1k launched by Farewill

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.




y

When will age you can access pension cash rise from 55 to 57?

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.




y

Pensions chief warns older workers face delayed retirement after rout

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.




y

What to do with your pension if you are hard up or made redundant

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.




y

How to stop coronavirus infecting your pension income

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




y

Pension withdrawals soar at start of tax year: Avoid these five pitfalls

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




y

Switch away from 'flawed' RPI inflation in 2025 would cost BT £1.7bn

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.




y

Should state pension triple lock be axed to help pay for the coronavirus crisis?

The guarantee should be abandoned to ensure the economic recovery from the coronavirus crisis is fair to working-age households, says the Social Market Foundation.




y

Should you consider a direct cremation? It is the cheapest type of funeral

No frills cremations cost around £1,600 on average, and ashes are returned to a family afterwards, allowing them to organise a personal memorial at a time of their choosing.




y

Should you worry about your final salary pension as deficits deepen?

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.




y

How do I set up power of attorney during coronavirus lockdown?

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.




y

What happens to my pension if I am furloughed?

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




y

I wrongly thought I got divorced - can my wife share an inheritance?

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.




y

Steve Webb answers your pension questions here

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.