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 around £9,100 a yearThe next age rise to 67 is due to be phased in between 2026 and 2028 By Tanya Jefferies for Thisismoney.co.uk Published: 07:24 EDT, 2 October 2020 | Updated: 08:10 EDT, 2 October 2020
Daily Mail News Articles
Our brother got power of attorney for our dad and we're worried
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
How the fight for women’s pension pay turned toxic
Thousands of women left poorer by the rise in state pension age had invested their hopes and money in a court victory that would see them receive their state pension backdated to the age of 60.
How far ahead do you need to plan retirement? W
How far ahead do you need to plan retirement? When do you start, and what FIVE key steps should you takeMany people wait until two years before stopping work or do nothingCovid-19 is hitting savers’ plans, so experts say it is best to start planningFind out the vital things to do, plus a checklist for the final countdown below Need help with retirement? Find a financial adviser with our partner service By Tanya Jefferies for Thisismoney.co.uk Published: 03:08 EDT, 21 September 2020 | Updated: 05:00 EDT, 21 September 2020
Is it worth joining my firm's salary sacrifice scheme at age 62?
My firm is launching a salary sacrifice scheme – but I’m 62, so is it worth joining? Steve Webb repliesBy Steve Webb for This Is Money Published: 02:58 EDT, 21 September 2020 | Updated: 02:58 EDT, 21 September 2020
What pension deadlines must you meet as you reach 55, 65 and 75?
Watch out for pension deadlines: Prepare for the 55, 65 and 75 age milestones to make retirement comfortableBy Tanya Jefferies for Thisismoney.co.uk Published: 06:58 EDT, 11 August 2016 | Updated: 07:25 EDT, 18 September 2020
Women's state pension age ruling verdict from Ros Altmann
Women’s state pension age ruling is disappointing but not entirely unexpected – all hope isn’t lost yet, says ROS ALTMANNGovernment didn’t get it wrong increasing state pension age for womenProblem relates more to maladministration and misinformation By Ros Altmann For This Is Money Published: 02:45 EDT, 18 September 2020 | Updated: 02:45 EDT, 18 September 2020
Is YOUR pension a sitting duck for scammers?
Is YOUR pension a sitting duck for scammers? A lifetime’s savings can be lost in an instant because vital protections are not in placePension freedom reform of 2015 have helped cause a fraud frenzy, experts warnThe scams aren’t new but ‘liberalised’ pensions has created a big new market Fraudsters use copycat websites and deceptive adverts hosted by web giantsVictims tricked to move savings to a risky investment or a fraudster’s pocketBy Ben Wilkinson and Robert Jackman For The Daily Mail Published: 17:00 EDT, 15 September 2020 | Updated: 05:37 EDT, 16 September 2020
Petition to find all women underpaid state pension
Petition demanding a search for underpaid state pension for ALL elderly women is launched by campaigner Steve WebbMore than 1,600 people have already signed the former minister’s petitionTens of thousands of elderly women could be owed £100million in state pensionWebb is concerned Government will limit its search to married women whose husbands reached pension age after 17 March 2008 Widows, older women and the deceased should also be checked, he saysBy Tanya Jefferies for Thisismoney.co.uk Published: 03:36 EDT, 16 September 2020 | Updated: 04:12 EDT, 16 September 2020
Government dodges questions over women state pension debacle
Government dodges issue of when women underpaid £100m in state pension will get justice – and blames a Labour rule change for the debacleTens of thousands of elderly women could be owed £100m in state pensionLabour MPs have pressed the Government to say what it is doing to investigatePensions Minister Guy Opperman says matter dates from a 2008 Labour changeHe repeated the DWP is checking for further cases, but gave no further details But he promised it was improving the training of staff handling the casesRow in parliament also ranged across ‘WASPI’ issue and state pension triple lockAre YOU being underpaid state pension? Find out how to check below By Tanya Jefferies for Thisismoney.co.uk Published: 08:38 EDT, 15 September 2020 | Updated: 11:16 EDT, 15 September 2020