My brother is buying my share of our late father’s house: Should I let him get started on renovations before probate is granted?By This Is Money Reporter Published: 02:26 EDT, 21 January 2020 | Updated: 06:23 EDT, 21 January 2020 My father recently passed away...
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.
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.
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’.
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.
