The growing army who don’t want to give up work or touch their pension

There used to a tradition that when you hit retirement age, you’d get a gold watch from the company and head off to relax full-time. However, money advisers now say more and more pensioners are happy to keep on working – especially as they can do so from home. Experts say the virus crisis means … Read more

How can I find out if my civil service pension is invested ethically?

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

Pension scam victims pay thousands to firm hired to rescue their cash 

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

Pension victims pay thousands to firm hired to rescue their cash 

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

My company is closing its final salary pension, so what should I do?

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

How to invest a £100K for income to supplement a pension with low risk

My wife’s grandmother has a spare £100,000 that she wants to earn some income from to supplement her state pension. She has no private pension and is fed up with terrible savings rates. She does have more cash savings that will be kept separate, but she wants to get this money working harder, earning at least 3-to-5 … Read more

How to invest a £100K lump sum for income to supplement pension with minimum risk

My wife’s grandmother has a spare £100,000 that she wants to earn some income from to supplement her state pension. She has no private pension and is fed up with terrible savings rates. She does have more cash savings that will be kept separate, but she wants to get this money working harder, earning at least 3-to-5 … Read more

PM pal’s bid to save the Debenhams pension

PM pal’s bid to save Debenhams pension: City dealmaker in talks to snap up stricken fund – and safeguard payouts for its 15,000 members Edi Truell’s Pension Superfund has held detailed discussions with the Debenhams administrator and The Pensions Regulator  Truell once worked for Boris Johnson A deal would mean many of the Debenhams scheme’s 15,000 … Read more

Junior civil servants ‘failed to update women’s state pension records’

Many elderly women lost out on state pension because junior civil servants failed to manually update their individual records during past decades, it has emerged. Well over a 100 government staff are now working to assess and manually correct individual records and more are being assigned to sort out the ‘significant legacy issue’, MPs have … Read more