Daily Mail News Articles

State-backed pension scheme Nest will divert nearly half of workers’ cash into green investment strategyNest is to plough £5.5bn of members’ money into climate friendly planIt will ditch companies involved in thermal coal, oil sands and Arctic drilling Scheme also backs Mark Carney and Richard Curtis campaign urging pension funds to take on climate changeBy Tanya Jefferies for Thisismoney.co.uk Published: 09:48 EDT, 29 July 2020 | Updated: 10:09 EDT, 29 July 2020

The payment to Barbara Cornish, pictured with her late husband John, is the latest to emerge in the scandal of elderly women missing out on state pension uncovered by This is Money.

The company is proposing a pay cut of 22%. I was wondering how this will affect my pension pot as I only have another four years of contributions left.

The virus could wipe one year off Britons’ typical life expectancy. And because people may die earlier than expected, pension schemes will not have to pay out as much as previously thought.

The UK workforce is forecast to have 27m inactive small pots by 2015, a number that a new study suggests will become unsustainable because of a double blow on charges.

Around 13,000 former officers receive injury pensions that are paid on top of their police pensions These are paid for life – but only if an officer can no longer work owing to harm suffered in the job.

Critics have long demanded action over a tax flaw which means some poorly paid staff lose payments into pension pots, depending on the type of scheme operated by their employer.

The Public Accounts Committee said the Government did not understand the impact of pension tax breaks, including the differing rates of relief on contributions.

Stephen O’Loughlin, pictured, whose state pension was bungled twice over and then had his complaint ignored, has received an apology from the Government.

Three million workers could get a boost to their pension as a result of the blunder, which led to a successful legal challenge in late 2018.