pension

Best pension stories of 2020 by Steve Webb for This is Money

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Former Pensions Minister Steve Webb is our agony uncle and we’ve compiled six of his best and most popular answers to readers in 2020. Steve and This is Money uncovered a huge state pension scandal this year after a question to his weekly column about a 13-year underpayment. Our joint investigation has forced the Government … Read more

Sadiq Khan blasted over Transport for London’s £25million pension fund with Chinese firm

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Sadiq Khan is blasted over Transport for London’s £25million pension fund with Chinese firm linked to Beijing’s oppression of minorities The pension fund operated by TfL has placed more than £25 million with Tencent Tencent is Chinese technology company that UN accused of covert surveillance Its said to be spying on persecuted Uighur Muslim minority in … Read more

Are you being underpaid state pension? Steve Webb offers tool to help

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Widows who fear they are underpaid state pension now or were in the past can check their payments on a new web page launched by our agony uncle Steve Webb. The site is designed to give widows an easy way to find out whether they could be missing out on many thousands of pounds, and … Read more

Is my mother entitled to claim her state pension when on end of life care?

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My mother is being moved to end of life care which is totally funded by the NHS: Is she still entitled to claim her state pension? Steve Webb replies By Steve Webb for This Is Money Published: 08:35 GMT, 14 December 2020 | Updated: 08:38 GMT, 14 December 2020 My mother is 85 and has … Read more

Are any of your stock holdings weighed down by their pension funds?

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Are any of your stocks weighed down by their pension funds? Hefty shortfalls in some company plans can be an investment red flag Companies that have large defined benefit schemes are often on the hook to pay out billions to retirees over time Stagecoach, BT and First Group are among the British companies with the … Read more

Is it worth paying into a pension when you are 64 and a non-taxpayer?

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Is it worth paying into a pension when you are 64 and a non-taxpayer? Steve Webb replies By Steve Webb for This Is Money Published: 07:29 GMT, 7 December 2020 | Updated: 07:29 GMT, 7 December 2020 I am not a taxpayer, so have not benefited from an additional amount from the Government into a … Read more

Novichok hero police officer Nick Bailey’s wife reveals he’s still fighting for his pension

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Novichok hero police officer Nick Bailey’s wife reveals he’s still fighting for his pension after devastating long-term effects of deadly nerve agent forced him to quit the force Detective Sergeant Nick Bailey left fighting for life after struck with nerve agent   Had to leave force due to illness after 18 years after attack in Salisbury, … Read more

Topshop top men in £1m a year pension club

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Arcadia, the collapsed retail group behind Topshop and Dorothy Perkins, has a lucrative pension fund that has been paying former executives up to £1million a year, The Mail on Sunday can reveal.  The £400million scheme – which was set up in the 1970s and is now falling into the hands of the Pension Protection Fund … Read more

Widow forced to wait six months to inherit pension by administrator Buck

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Margaret and Michael Lyons: Married for 46 years A widow who lost her husband in the spring struggled for nearly half a year to get pension firm Buck to begin payments that will be her main source of income. Margaret Lyons, 70, has now inherited the substantial pension from her husband Michael, who built up … Read more

Ed Miliband: Sir Philip Green must cover Arcadia pension shortfall

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Ed Miliband today told Sir Philip Green he ‘owes a moral responsibility’ to Arcadia Group workers to cover a shortfall in the company’s pension scheme after the firm collapsed into administration.  Some 13,000 staff working across Arcadia brands which include Topshop, Dorothy Perkins and Burton, now face an anxious wait, with Deloitte brought in to handle … Read more