Tag Archives: pension

AS IF WE had not suffered enough pension scandals, yet another one appears to have been going on right under our noses. Unscrupulous financial advisers have been luring people to transfer out of their final salary pension schemes, with the promise of vast cash sums that can run into hundreds of thousands of pounds. Daily Express :: Finance Feed

HUNDREDS of thousands of pensioners are at ‘grave risk’ of running out of money in retirement as the stampede to cash in pensions early continues. Daily Express :: Finance Feed

PENSIONERS should sacrifice their “triple lock” pension rises so the money can be diverted towards Britain’s crisis-hit care system, according to a think-tank. Daily Express :: Finance Feed

ALMOST half a million pounds is the size of ‘pension mountain’ savers in some areas of the UK need to build to enjoy a comfortable retirement, according to new figures. Londoners have to aim to save £452,000 – the largest pension pot in England followed by £275,000 in the South East £275,000 while workers in Wales need the smallest amount ...

PEOPLE with the smallest pension pots are likely to run out of money within a decade of retirement, warned a former pensions minister today. They are underestimating the length of time they will live and are plundering their savings without advice leaving themselves at risk of poverty in old age. Daily Express :: Finance Feed

Nicaraguan President Daniel Ortega’s now-cancelled decree to increase a payroll tax and make other changes to social security set off days of violent protests. But it also appears the protests included broader anti-government grievances. CBC | World News

MORE than half a million of Britain’s poorest pensioners are “asset rich, cash poor” as they struggle along on the breadline despite owning their home, according to analysis of official figures today. Daily Express :: Finance Feed

PENSIONERS are exposed to “vultures” and “cold-callers” after the Government’s promise to ban the practice falls short of offering the necessary protections and, “is not a ban at all”, according to campaigners. Daily Express :: City and Business Feed

MILLIONS of women taking advantage of new pension freedoms are at risk of outliving their savings and running out of money in their old age, experts have warned. Since April 2015, savers over the age of 55 have been allowed to ‘drawdown’ their retirement money as and when they want to. Daily Express :: Finance Feed

CONGRATULATIONS and commiserations. If you’re an employee aged 22 or more, earning over £10,000 a year, you’ve likely just had a hidden pay rise and a hidden pay cut at the same time. Daily Express :: Life and Style Feed