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The number of Britons making financial plans for after they die saw a huge increase in 2020, according to an online will-writing company . Farewill said that it helped 267 per cent more people make online and telephone wills in 2020 than in 2019. The biggest increase was among under-35s, it said, with a 300 … Read more
Could you please tell me how I find out how my pension is invested. I’m in the civil service pension scheme, and I’m interested how the money is invested, that it is not invested in fossil fuel industries and that it is invested ethically. I could not find any data on this. Could you send … Read more
Greater proportion of women than men walking into retirement financially ill-prepared for journey ahead By Financial Mail on Sunday Reporter Published: 21:50 GMT, 13 February 2021 | Updated: 21:50 GMT, 13 February 2021 A greater proportion of women than men are walking into retirement financially ill-prepared for the journey ahead. According to a major survey … Read more
Pension experts warn over risk of ‘chaos’ and ‘confusion’ when Government raises age savers can tap private pots to 57 from 2028 Age you can tap into your private pension is due to rise from 55 to 57 in 2028 The Government is consulting on how best to implement the change It proposes giving pension … Read more
A member of the family has recently died and her three daughters are named as executors and the only beneficiaries in the will. The will gives the right to reside in the property to the youngest daughter who was her mother’s live-in carer. The other two daughters fully support this arrangement. The problem is there … Read more
Huge hit: David Rhodes was charged £90,000 to rescue his £157,000 pension from fraudsters Pension scam victims have lost millions of pounds more to the government-appointed trustees hired to get their money back. The Mail previously revealed how tens of thousands of savers had lost up to £10 billion in rogue schemes that looked safe because … Read more
Huge hit: David Rhodes was charged £90,000 to rescue his £157,000 pension from fraudsters Pension scam victims have lost millions of pounds more to the government-appointed trustees hired to get their money back. The Mail previously revealed how tens of thousands of savers had lost up to £10 billion in rogue schemes that looked safe because … Read more
I’m 57 and my firm is closing its final salary pension: Should I take it, transfer out or wait? Steve Webb replies By Steve Webb for This Is Money Published: 07:35 GMT, 8 February 2021 | Updated: 07:35 GMT, 8 February 2021 My final salary defined benefit pension scheme is being closed down at the … Read more
ReAssure customers with old L&G policies ‘at their wits’ end’ over failings Reassure took over L&G insurance-based savings and pensions business Readers with old L&G policies have complained of having contributions stopped Others have been unable to get through to ReAssure to complain By Colin Nicholson For The Mail On Sunday Published: 22:16 GMT, 6 … Read more
A new platform specifically designed for the self-employed workforce is now open and has bold aims of convincing millions of people without a pension to start saving for retirement. Raindrop will allow users to be flexible with their monthly contributions and pay into their pension either from their own account or via their limited company, … Read more