I am 50 years-old and currently have two pensions. One is a defined benefit pension, which is deferred, and linked to my wage, though is not being contributed to. The current value is £28,000 a year at age 67. The second is
Many people concerned about the inflation threat to their savings will be considering whether to put any spare money in an investment rather than a cash Isa in the current tax year. Consumer prices rose 5.5 per cent in January, and previous
Financial markets are highly unstable due to the tragic war in Ukraine, which has also intensified concerns about inflation and future interest rate rises. Older people relying on an income from investments in retirement need to be more vigilant than most, in
Investors with pension savings in lifestyle funds that automatically shift them into bonds have been warned to reconsider, as faster than expected interest rate rises will hit their value. The value of so-called lifestyling funds plummeted 13 per cent in the two
My wife is working part time so is just under the tax threshold. She is in a workplace pension scheme paying in the most she can to maximise her employer’s contributions. I am in full time employment and in the higher tax
Stand-off with council: Elderly couple battled for 18 months against raid on state pension arrears An elderly couple have thwarted a council raid on a £13,800 lump sum intended to redress a 12-year state pension blunder. They battled for nearly 18 months
Can your council snatch a lump sum won in DWP state pension scandal? An expert explains your rights and calls for government rethink on loophole By Spencer Gardner For This Is Money Published: 03:21 EST, 24 February 2022 | Updated: 03:21 EST,
Play on Wordle fever to get young people interested in pensions and long-term savings By Helena Kelly For The Daily Mail Published: 16:52 EST, 22 February 2022 | Updated: 16:52 EST, 22 February 2022 It is the addictive daily word game that
‘No longer a tax for the wealthy’: HMRC brings in extra £700m in inheritance tax receipts as property prices surge Total of £5bn was collected in IHT between April 2021 and January 2022 This was 14% – or £700m – more than
I’ve been paying into my pension for 30 years and it is currently at just under £60,000. I pay in £60 per month and my company pays £35 per month. I am now 50 years old and need some advice on what