My son wants me to get power of attorney and I say it’s a waste of money – who’s right?By This Is Money Reporter Published: 04:30 EDT, 28 December 2019 | Updated: 04:44 EDT, 28 December 2019 I am 84 years of age, healthy and fit for my age. I am...
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.
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
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.
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.
