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Should people be allowed to draw state pension early?

Should people be allowed to draw state pension early?

by The Baffled Entrepreneur | Oct 6, 2020 | Daily Mail News

State pension age rises to 66 TODAY: Should people be allowed to draw state pension early but receive smaller payouts?Rise in state pension age kicks in today – all must be 66 to receive it Full state pension is currently £175.20 a week, or around £9,100 a...
What does an insurer 'buy out' of a final salary pension scheme mean?

What does an insurer 'buy out' of a final salary pension scheme mean?

by The Baffled Entrepreneur | Oct 5, 2020 | Daily Mail News

My final salary pension is being moved to an insurer – can I now invest my pot in a drawdown scheme? Steve Webb repliesBy Steve Webb for This Is Money Published: 02:42 EDT, 5 October 2020 | Updated: 02:42 EDT, 5 October 2020 I am in my early 60s and took my...
Aviva promises £32bn pension fund will meet 2050 climate target

Aviva promises £32bn pension fund will meet 2050 climate target

by The Baffled Entrepreneur | Oct 2, 2020 | Daily Mail News

Pension giant Aviva promises £32bn fund belonging to 2m savers will meet 2050 green climate targetAviva is the second major pension provider to declare new climate strategy State-backed Nest announced plans to switch investments of its 9m membersNest’s move...
Men and women must now wait until 66 to get the state pension

Men and women must now wait until 66 to get the state pension

by The Baffled Entrepreneur | Oct 2, 2020 | Daily Mail News

Men and women must now wait until 66 to receive their state pension, but it could pay out £219,000 at today’s rate if you live to 90Rise kicks in on Tuesday and applies to anyone born after 5 October 1954Full rate state pension is currently £175.20 a week, or...
Our brother got power of attorney for our dad and we're worried

Our brother got power of attorney for our dad and we're worried

by The Baffled Entrepreneur | Oct 2, 2020 | Daily Mail News

Help! My brother persuaded our father to give him power of attorney and now plans to cash in his shares to buy goldBy Tanya Jefferies for Thisismoney.co.uk Published: 02:41 EDT, 2 October 2020 | Updated: 02:41 EDT, 2 October 2020 My sister and I have had lasting power...
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