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 Should I move my pension pots to a new firm charging higher fees? 6h Updated Should I move my pension pots to a new firm charging higher fees?
I expected the financial advisers to look at the funds I could switch to within my existing pensions. Is there a reason they don't do this? I now feel I need advice about the advice!
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 Pension fund consulting giants face a crackdown 20h Pension fund consulting giants face a crackdown
The largest investment consultants to the UK’s £1.6trillion pension fund industry face a crackdown – but have escaped a forced break-up.
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 Steve Webb explains the pros and cons of PIE offers 17 Jul 4:47am Updated Steve Webb explains the pros and cons of PIE offers
Employers might offer you a better pension at the start of retirement if you give up some inflation-protected increases later. So should you accept or resist the temptation?
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Jeremy Gold, Actuary Who Warned of Pension Crisis, Dies at 75 14 Jul 2:23pm Updated Jeremy Gold, Actuary Who Warned of Pension Crisis, Dies at 75
Concluding that actuarial standards for pensions were flawed, Mr. Gold embarked on a 30-year mission “to save my profession.”
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 Should I take a PIE - a Pension Increase Exchange? Steve Webb replies 13 Jul 6:02am Updated Should I take a PIE - a Pension Increase Exchange? Steve Webb replies
Employers might offer you a better pension at the start of retirement if you give up some inflation-protected increases later. So should you accept or resist the temptation?
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 IN THE MONEY: Mulberry chief exec Thierry Andretta got a £1.3m pay packet last year 11 Jul 4:51pm IN THE MONEY: Mulberry chief exec Thierry Andretta got a £1.3m pay packet last year
Andretta’s total pay was made up of a £622,000 salary and £300,000 bonus, with the remainder made up of taxable benefits and pension contributions.
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 Can I be divorced without knowing? 10 Jul 3:42am Updated Can I be divorced without knowing?
Can my husband divorce me without me knowing? And if he has cashed in his pension, can I claim my share back? Lawyer John Fotheringham (pictured) replies.
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 Pension industry warns savers about retirement fund shortfall 6 Jul 4:00am Pension industry warns savers about retirement fund shortfall
An estimated 30.4million workers are not saving enough to fund the old age they dream of, the report by trade body Pensions and Lifetime Savings Association (PLSA) said.
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 How to cut the cost of your old pension 5 Jul 10:34am Updated How to cut the cost of your old pension
Very few people stay loyal to one company for the duration of their working life in this day and age. The result is that many people end up with a ragbag of pension plans.
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 How middle class is falling into 55% pension tax trap meant for millionaires  4 Jul 5:40am Updated How middle class is falling into 55% pension tax trap meant for millionaires 
The absolute maximum the Government allows you to build up in a pension is £1.03m But many workers whose salaries have risen to about £80,000 unwittingly breach this allowance.
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 How the middle class is being dragged into 55% pension tax trap meant for millionaires  4 Jul 4:16am Updated How the middle class is being dragged into 55% pension tax trap meant for millionaires 
The absolute maximum the Government allows you to build up in a pension is £1.03m But many workers whose salaries have risen to about £80,000 unwittingly breach this allowance.
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 Can I stop work and draw my pension at 50 due to ill health? 3 Jul 5:43am Updated Can I stop work and draw my pension at 50 due to ill health?
If I finished work on ill health grounds due to severe arthritis, do I get access to my pension immediately?
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 Trustees of Premier Foods’ pension scheme accuse activist investor of trying to ‘destabilise’ firm 1 Jul 5:06pm Trustees of Premier Foods’ pension scheme accuse activist investor of trying to ‘destabilise’ firm
The chairmen of the Mr Kipling owner’s three main pension funds warned that Oasis Management’s bid to kick out Gavin Darby could jeopardise the firm’s ‘significantly underfunded’ pension scheme.
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 Government to rethink tax quirk depriving low earners of pension cash 29 Jun 4:14am Government to rethink tax quirk depriving low earners of pension cash
An obscure tax technicality means many low paid workers miss out on Government pension top-ups, while higher earners get them automatically.
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 Savers at top UK pension firms at risk of being targeted by rogue advisers, watchdog warns 26 Jun 5:37pm Savers at top UK pension firms at risk of being targeted by rogue advisers, watchdog warns
Fears are growing that unscrupulous firms are targeting customers with final salary pensions that pay a guaranteed amount, to encourage them to move out of the scheme in exchange for a lump sum.
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 Bosses who put pensions at risk could end up in jail, says Government 26 Jun 11:47am Updated Bosses who put pensions at risk could end up in jail, says Government
Moves to beef up sanctions follow the BhS and Carillion scandals, where savers ended up in the official pension lifeboat scheme with reduced payouts in retirement.
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Transgender woman wins pension court battle 26 Jun 5:23am Updated Transgender woman wins pension court battle
A transgender woman refused her state pension after staying married was discriminated against by UK law, European judges say.
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 Saver stuck with frozen Phoenix Life pot launches Pension-gone-wrong.com 26 Jun 3:33am Updated Saver stuck with frozen Phoenix Life pot launches Pension-gone-wrong.com
James Hawken, 49, wants to rally support among pension savers left out of pocket, pile pressure on politicians to investigate and potentially launch legal action against providers.
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In 2010 we stopped getting any older. The implications are huge 23 Jun 2:00am In 2010 we stopped getting any older. The implications are huge
Maybe we should be thinking about cancelling increases in the state pension age, not raising it The most profound change to human life over the previous 100 years came to a halt in 2010. In the decades before it, life expectancy in Britain kept rising, with men, in particular, born in the 1920s and 1930s enjoying far longer and healthier lives than ever expected. This increase in lifespan has affected everything – from housing to health to pensions. It’s why we need to find ever greater sums for the NHS. It’s why the state pension age has had to go up. Arguably, it’s a big reason why house prices are so high – because people are living in them for longer.
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Are You Retired or Semi-Retired? Check Your Tax Withholding Now 22 Jun 3:52pm Updated Are You Retired or Semi-Retired? Check Your Tax Withholding Now
A little-noticed effect of last year’s tax overhaul is that many pension payments are now larger. But this bump-up increases the risk that recipients will be underwithheld at tax time next year—and therefore owe a penalty. Tax Report columnist Laura Saunders tell you how to avoid this scenario.
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 What happens if pension sharing order is not passed on after divorce? 22 Jun 11:44am Updated What happens if pension sharing order is not passed on after divorce?
I divorced in 2006 and got a pension sharing order for one of my ex's final salary pensions. I recently discovered it was never passed to the company, so have I lost the pension? Lawyer Jane Keir replies.
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Companies Race to Top Off Pension Plans to Capitalize on Tax Break 21 Jun 6:14pm Updated Companies Race to Top Off Pension Plans to Capitalize on Tax Break
Companies with underfunded pensions have a rare opportunity to score a tax break in the coming months.
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 Shirley took her pension early and now gets just £10 a month 20 Jun 7:23am Updated Shirley took her pension early and now gets just £10 a month
She desperately needed money to pay for the funeral of her son, Graham, who had died suddenly aged just 35 after suffering an epileptic seizure.
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 Will I get money windfall from Equitable Life?  20 Jun 4:21am Updated Will I get money windfall from Equitable Life? 
More than 250,000 savers with Equitable Life are set to receive surprise payouts worth thousands of pounds as the firm is shut down and its pension book is taken over by another company, Reliance Life.
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 Will you get a windfall from Equitable Life? More than 250,000 savers set to get surprise payouts 19 Jun 5:10pm Will you get a windfall from Equitable Life? More than 250,000 savers set to get surprise payouts
More than 250,000 savers with Equitable Life are set to receive surprise payouts worth thousands of pounds as the firm is shut down and its pension book is taken over by another company, Reliance Life.
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 My old employer went bust, so how do I track down my pension? 19 Jun 5:23am Updated My old employer went bust, so how do I track down my pension?
Today, our pensions columnist Steve Webb answers his 100th question from a This is Money reader, this time helping someone find an old fund from an employer that went out of business.
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 Steve Webb answers your pension questions here 19 Jun 5:23am Updated Steve Webb answers your pension questions here
Former Pensions Minister Steve is This is Money's Agony Uncle. Here's where you can check out all his previous columns to see if any involve issues affecting you.
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DealBook: Financial World’s A-List Could Take Hollywood’s Cue on Inclusion 18 Jun 8:09pm Updated DealBook: Financial World’s A-List Could Take Hollywood’s Cue on Inclusion
To promote diversity, big pension funds and college endowments could insist on equitable hiring practices at investment firms.
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 MIDAS SHARE TIPS UPDATE: BT is ringing the changes 18 Jun 5:46am Updated MIDAS SHARE TIPS UPDATE: BT is ringing the changes
BT closed last week at 210¼p, having fallen from a high of more than 1,000p in 1999. The firm has faced a rapidly changing market, stringent regulation and an onerous pension deficit.
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UK pension funds get green light to dump fossil fuel investments 18 Jun 2:26am Updated UK pension funds get green light to dump fossil fuel investments
Government directive means trustees will be able to push harder for green investments Managers of the £1.5tn invested in Britain’sworkplace pension schemes are to be given new powers to dump shares in oil, gas and coal companies in favour of long-term investment in green and “social impact” opportunities.
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 How to unlock cash with a home reversion plan 17 Jun 9:05am How to unlock cash with a home reversion plan
Dwindling pension pots mean the number of retirees tapping their properties for income is expected to rise by nearly 50 per cent over the next decade.
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Equitable Life to shut down with surprise £1.8bn policyholder windfall 15 Jun 9:03am Equitable Life to shut down with surprise £1.8bn policyholder windfall
Scandal-hit pension company to pay out £6,900 to each of 261,000 existing customers, but 800,000 former policyholders will receive nothing
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 Is your state pension correct? Government admits data bungle 15 Jun 8:19am Updated Is your state pension correct? Government admits data bungle
A huge ongoing clean-up of old pension data has uncovered errors in work records stretching back decades.
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 Britons struggle to figure out how much money they need to retire on 15 Jun 7:19am Updated Britons struggle to figure out how much money they need to retire on
Nearly 40 per cent of people across Britain are worried about their ability to retire comfortably, with many having no idea how much they are saving into their pension.
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 IN THE MONEY: Bank of England governor Mark Carney took home almost £900,000 last year  14 Jun 4:50pm IN THE MONEY: Bank of England governor Mark Carney took home almost £900,000 last year 
Carney, 53, earned a base salary of £480,000, along with benefits such as insurance and a car allowance worth £252,254, and £147,153 towards his pension.
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 SALLY HAMILTON: My Big regret...if only I had saved more into my pension 10 Jun 7:23am Updated SALLY HAMILTON: My Big regret...if only I had saved more into my pension
Given the chance, I would do certain practical things differently – particularly being more prudent about saving for the future.
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 Pension saving surges to 84% of all workers, says DWP 8 Jun 4:10am Updated Pension saving surges to 84% of all workers, says DWP
A massive change in people's savings habits has occurred since 2012 when just 55 per cent were putting money into a pension.
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Public sector pension funds put millions in tax haven-linked PFIs 8 Jun 1:00am Public sector pension funds put millions in tax haven-linked PFIs
Report traces nearly 30% of investments in Scottish schemes to offshore firms Public sector pension funds have invested hundreds of millions of pounds in Scottish private finance schemes linked to offshore tax havens, a new report has found.
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 How do I fill in child benefit form so I get state pension credits? 7 Jun 9:25am Updated How do I fill in child benefit form so I get state pension credits?
I applied for child benefit when my son was born but put my husband’s name first on the form so he received the payments. Steve Webb says the form should be clearer, and HMRC responds.
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 PRUDENT INVESTOR: Why I’m ditching lousy fund managers 6 Jun 6:00am PRUDENT INVESTOR: Why I’m ditching lousy fund managers
Over the years I’ve accumulated a hotch-potch of around 35 funds in both my Isa and Self Invested Personal Pension, it was time for a prune.
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 THE PRUDENT INVESTOR: Why I’m ditching lousy fund managers who can’t even beat a robot!  5 Jun 5:06pm THE PRUDENT INVESTOR: Why I’m ditching lousy fund managers who can’t even beat a robot! 
Over the years I’ve accumulated a hotch-potch of around 35 funds in both my Isa and Self Invested Personal Pension (Sipp), some of which have since fallen from grace.
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 Should I transfer my final salary pension? 5 Jun 3:37am Updated Should I transfer my final salary pension?
Savers are being tempted to give up valuable final salary pensions and run the risk of investing their pots instead, but whether this is a sensible idea rests greatly on your individual circumstances.
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 What on earth has been going on in Italy? Listen to the This is Money podcast 1 Jun 10:49am What on earth has been going on in Italy? Listen to the This is Money podcast
The ramifications of the turmoil in Italy have spread across the globe and will affect Britons from big-time investors to anyone building up a pension pot. We explain what's been going on.
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Pensions Regulator chief steps down after lambasting by MPs 31 May 6:07am Pensions Regulator chief steps down after lambasting by MPs
Lesley Titcomb came under fire from two select committees for Carillion pension fund failures The chief executive of the Pensions Regulator(TPR), who has
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US tech giants don’t just have your data – they are in your pension too 26 May 2:00am US tech giants don’t just have your data – they are in your pension too
British pension funds are so globalised, there’s little chance of them avoiding investing in Facebook and GoogleThe population of the US, at 325 million, makes up just over 4% of the world’s total population. But its stock market, fuelled by the rise of Apple, Google, Amazon and Facebook, comprises 60% of the value of all shares traded on the planet. The Dow Jones index of Wall Street-traded companies stood at 16,000 in early 2016, but is about 25,000 now. And the Nasdaq index of tech shares has nearly doubled in just two years. Together, Apple, Google, Amazon and Facebook are now worth $3tn (£2.2tn). Meanwhile, closer to home, the FTSE 100 earlier this week hit a record high. Is this a bubble? And is there anything the average person can do to protect themselves?
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 How on earth has BT chief earned a £1 million pay rise? 24 May 4:51pm How on earth has BT chief earned a £1 million pay rise?
The amount the 50-year-old took home leapt 72 per cent higher in the last financial year, including an annual bonus of £1.3m and pension contributions of nearly £300,000.
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 Can my ex-wife and I split a pension 10 years on from our divorce? 24 May 5:27am Updated Can my ex-wife and I split a pension 10 years on from our divorce?
We agreed to a split of assets but unfortunately did not tackle my pension and I now wish to rectify this amicably. Lawyer Tracey Moloney of Co-op Legal Services (pictured) explains what to do.
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 Your top five pension questions answered by Pension Wise 22 May 7:59am Your top five pension questions answered by Pension Wise
Pension freedom gave over-55s full access to and control over retirement pots. It also gave them many new options - so how does Pension Wise answer their big questions at its free sessions?
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 How do I build up a £1million pension fund? 22 May 6:18am Updated How do I build up a £1million pension fund?
New research probing the investment choices of people with £1million-plus pension pots found they favour quality actively-managed funds and blue-chip stocks.
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 Who inherits a work pension if someone gets married down the line? 21 May 6:49am Who inherits a work pension if someone gets married down the line?
My sister’s husband left his work pension to my mum before he married my sister. If he died, does his mum still receive it or does he need to change it?
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Shell faces shareholder challenge over climate change approach 20 May 12:26pm Updated Shell faces shareholder challenge over climate change approach
Investors back resolution calling on oil giant to set tougher carbon targets in line with Paris climate deal Royal Dutch Shell faces a shareholder challenge over climate change this week, as investors insist oil and gas firms should offer more transparency and action on carbon emissions. A growing number of pension funds have backed a resolution at Shell’s AGM on Tuesday that calls on the company to set tougher carbon targets that are in line with the
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 How to get the pension pot needed for a comfortable retirement 17 May 12:35pm Updated How to get the pension pot needed for a comfortable retirement
A pot of £260,000 is needed for a comfortable retirement, says Riyal London, but unless you are retiring soon, inflation means the figure you need will be bigger. So how can you get there?
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FTSE 100 strikes new record closing high 17 May 12:14pm FTSE 100 strikes new record closing high
The FTSE 100 has registered a new record high - signalling some cheer for UK pension funds as the economy stagnates.
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 What will stop another pension disaster like Carillion? 16 May 12:45pm Updated What will stop another pension disaster like Carillion?
The pensions watchdog has come under fire as MPs issued a damning verdict on the collapse of Carillion, which has led to 27,000 of its former staff getting reduced retirement payouts.
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Tata Steel unions urge U-turn on pensions cuts after £1.6bn profit 16 May 12:14pm Tata Steel unions urge U-turn on pensions cuts after £1.6bn profit
Staff accepted reduction in benefits as they were told alternative was insolvency Tata Steel moved back into profit at the start of this year, in large part due to a £1.6bn boost from the restructuring of its pension scheme, prompting unions to demand that cuts to members’ benefits be reversed. The Indian steelmaker swung to a profit of 146.9bn rupees (£1.6bn) in the three months to the end of March, from a loss of 11.7bn rupees a year earlier. It benefited from a
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 How to start a pension and make yours better: This is Money podcast 11 May 1:19pm Updated How to start a pension and make yours better: This is Money podcast
Is your pension up-to-scratch and are you saving enough, or have you fallen into the trap of neglecting it or not having one? Here's how to check it and sort it.
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Pension-Fund Adviser Urges No Votes Against Three on Tesla Board 9 May 12:50pm Pension-Fund Adviser Urges No Votes Against Three on Tesla Board
Pension-fund adviser CtW Investment Group has encouraged Tesla shareholders to vote against three of the company’s directors, including the brother of CEO Elon Musk, running for re-election.
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 Millions of women cruelly robbed of pension tax breaks 9 May 5:23am Updated Millions of women cruelly robbed of pension tax breaks
Carers, nursery workers, admin assistants and other part-time workers are being robbed of £60million from their pensions because they are unable to claim the tax breaks they are owed.
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 Stand-off between Lloyds and Standard Life Aberdeen over £109bn pension deal could end up in court 8 May 6:52pm Stand-off between Lloyds and Standard Life Aberdeen over £109bn pension deal could end up in court
Investment group Standard Life Aberdeen is fighting a decision by Lloyds to cancel an agreement in which it looked after money for Scottish Widows, the bank’s pensions division.
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 What happens to my state pension if my husband moves into a care home? 8 May 8:08am Updated What happens to my state pension if my husband moves into a care home?
Can you tell me if the married women's pension is still paid if the husband goes into residential care. Also what would happen to the pension if he dies?
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 How tricksters will still find new pension scam victims 6 May 11:48am How tricksters will still find new pension scam victims
Gary Savery received a text message from a sales company called Sanderson Clarke offering him a pension review. Ultimately it led him to lose more than £50k of his retirement savings.
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 New curbs on pension scams are too late: How tricksters will STILL find new victims 6 May 5:33am Updated New curbs on pension scams are too late: How tricksters will STILL find new victims
Gary Savery received a text message from a sales company called Sanderson Clarke offering him a pension review. Ultimately it led him to lose more than £50k of his retirement savings.
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 JEFF PRESTRIDGE: Why it never works to shoot the messenger  5 May 5:15pm JEFF PRESTRIDGE: Why it never works to shoot the messenger 
Three days ago, a financial bigwig called for the fourth estate to publish more ‘good news’ pension stories, in turn accusing it (journalists like me) of undermining trust and confidence.
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BT in fight with Treasury over pension reforms 5 May 8:45am BT in fight with Treasury over pension reforms
BT Group has sparked a bitter legal fight with ministers over pension reforms which it claims have increased the burden of one of the biggest retirement scheme liabilities in corporate Britain.
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Pensions: is it right to charge 45-55% tax on incomes above £26,000? | Patrick Collinson 5 May 2:00am Pensions: is it right to charge 45-55% tax on incomes above £26,000? | Patrick Collinson
High earners get 40% relief, lower earners 20%, so the poor get much less tax relief than the well-offThis is going to be a difficult column to write. I’m about to make a plea for tax changes on behalf of people with £1m-plus pensions. Why? Because our tax system has created perverse incentives that are forcing high earners such as doctors, dentists, lawyers and accountants to save less, invest unwisely and engage advisers to try to work around the rules, when simple reforms can achieve the same policy aim – of making sure that the well-off don’t milk the pension tax relief system. Let’s be clear that while £1m is a huge sum, and far above what most workers are saving into their pension, it doesn’t actually translate into a luxury pension income. Buy an income with £1m at retirement and you’ll receive an annuity (a guaranteed income) of about £25,000-£26,000 a year, according to figures from Retirement Advantage. That’s a very comfortable sum – considering you’ll get the state pension on top – but hardly puts you in the round-the-world-cruise league. Yet if your pension fund is worth more than £1,030,000 – the current level of what’s called the “
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Ex-BHS owner unable to afford lawyers in pension conviction appeal 4 May 7:41am Ex-BHS owner unable to afford lawyers in pension conviction appeal
Dominic Chappell has no money to instruct solicitors to repair ‘tarnished reputation’, crown court told The former owner of collapsed high street giant BHS, Dominic Chappell, has launched a bid to clear his name
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 Am I getting enough state pension? Retiree was underpaid £3,800 3 May 2:11pm Updated Am I getting enough state pension? Retiree was underpaid £3,800
Only the persistence of Gillian Chamberlain, a retired riding school owner from Somerset (pictured on her horse Indigo), and her eagle-eyed accountant who spotted the error, eventually got it corrected.
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House of Fraser may have to pay millions into pension scheme 3 May 1:51pm House of Fraser may have to pay millions into pension scheme
Hurdle for rescue restructure as ailing retailer bids to secure the support of PPF House of Fraser’s rescue restructuring faces a significant hurdle after it emerged that the department store chain may have to fund a multimillion-pound injection into its pension scheme.
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 Third of retirees relying on drawdown are first-time investors  3 May 4:42am Updated Third of retirees relying on drawdown are first-time investors 
Two in five, or 41 per cent, have not received financial advice or guidance about how to invest their pension in old age, leaving people at risk of running out of money in retirement.
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 Am I getting enough state pension? Retiree was underpaid £3,800 over eight years 3 May 4:16am Updated Am I getting enough state pension? Retiree was underpaid £3,800 over eight years
Only the persistence of Gillian Chamberlain, a retired riding school owner from Somerset (pictured on her horse Indigo), and her eagle-eyed accountant who spotted the error, eventually got it corrected.
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 Ros Altmann wants low earners to get same pension cash as other staff 1 May 8:14am Ros Altmann wants low earners to get same pension cash as other staff
Ros Altmann is leading a chorus of critics against the Government, regulators and the industry for ignoring a 'secret scandal' that deprives low earners of pension cash.
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 ROS ALTMANN: Secret scandal means low earners are losing pension cash 1 May 8:13am Updated ROS ALTMANN: Secret scandal means low earners are losing pension cash
The lowest earners are being forced to pay over the odds for their pension. Providers, officials, Ministers, industry bodies and the Regulator are allowing this injustice, writes Ros Altmann.
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 Ros Altmann campaigns to give all low earners same pension cash as other workers 1 May 6:24am Updated Ros Altmann campaigns to give all low earners same pension cash as other workers
Ros Altmann is leading a chorus of critics against the Government, regulators and the industry for ignoring a 'secret scandal' that deprives low earners of pension cash.
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 How do I set up a pension from scratch? Steve Webb replies 30 Apr 6:00am Updated How do I set up a pension from scratch? Steve Webb replies
I am 32 and currently have no pension apart from £1k from auto enrolment during a job about five years ago. I am anxious to get something arranged about my pension as soon as possible.
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 City sentiment on Britain is taking a turn for the better 26 Apr 3:15am Updated City sentiment on Britain is taking a turn for the better
The asset allocation decisions made by large wealth management firms and pension funds on how much cash to hold in each investment type can be considered an indicator of future price direction.
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 Men get £29k more than women in state pension over 20 years, finds Which? 24 Apr 5:17am Updated Men get £29k more than women in state pension over 20 years, finds Which?
The Which? study of almost 12.9million people receiving the state pension found that the average man receives £153.86 per week compared to their female counterpart who pocket only £125.98.
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 What state pension will I get as a married woman at retirement? 23 Apr 12:30pm Updated What state pension will I get as a married woman at retirement?
I went to work part time from 22 years old and paid the married woman's stamp since then. What pension if any will I get in 2020? If my husband dies before then will I get any pension at all?
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 Men get £29,000 more than women in state pension over 20 years, finds Which? 21 Apr 5:21am Updated Men get £29,000 more than women in state pension over 20 years, finds Which?
The Which? study of almost 12.9million people receiving the state pension found that the average man receives £153.86 per week compared to their female counterpart who pocket only £125.98.
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War hero’s battle shows up our ‘inhumane’ frozen pensions policy | Rupert Jones 21 Apr 2:00am War hero’s battle shows up our ‘inhumane’ frozen pensions policy | Rupert Jones
RAF veteran received a paltry £38.80-a-week state pension – because he moved to Australia RAF war hero Harry Penny was shot down over Holland in 1943, successfully evaded capture for 10 weeks, and was awarded a military OBE. But, much later in life, he ended up engaged in a battle with the British government – over his paltry state pension. And he died knowing that he hadn’t succeeded in winning that particular skirmish. Penny served his country with honour, but how did the UK government repay him? By freezing his basic state pension at the 1987 level of just £38.80 a week. He was effectively “punished” for emigrating to Australia, a Commonwealth country. Yet, if he had retired to Germany, the country we were at war with, and which he had bombed, he would have received up to £115.95 a week.
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 ASK TONY: Widower left waiting three months for pension payout by Mercer 18 Apr 6:31am Updated ASK TONY: Widower left waiting three months for pension payout by Mercer
My late partner had a pension handled by Mercer. My son sent the firm the forms and death certificates on November 3, so I could receive the spouse’s benefits I am due.
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 Low paid workers denied £720 a year of free Government pension cash 17 Apr 12:29pm Updated Low paid workers denied £720 a year of free Government pension cash
Workers auto-enrolled into pensions are told money they pay into retirement pots will be topped up with employer and Government cash. But many on the lowest pay-rung never get the tax relief.
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 Why offering generous auto-enrolment pensions can work for firms 16 Apr 11:56am Why offering generous auto-enrolment pensions can work for firms
The new tax year has ushered in the next wave of the auto-enrolment initiative, which means higher pension costs for the UK's small and medium sized enterprises.
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 Should childcare count towards my state pension? Steve Webb replies 16 Apr 9:51am Should childcare count towards my state pension? Steve Webb replies
I have read recently that women should receive an allowance for staying at home looking after their children? Would I be entitled to this?
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Philip Green defends his record on BHS 15 Apr 8:04am Philip Green defends his record on BHS
Retail tycoon ‘sad’ that he doesn’t get more credit for paying into bankrupt chain’s pension fund Retail tycoon Sir Philip Green has defended his behaviour over the collapse of the BHS chain, describing his decision to sell the retailer to a serial bankrupt as “the worst mistake of my life”. The billionaire owner of Topshop and Miss Selfridge said he was “sad” that he had not received recognition for paying £363m into the BHS pension scheme last year, in a move that headed off the threat of him losing his knighthood. Asked in an
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 Sir Philip Green accuses Frank Field MP of holding up BHS pension deal 15 Apr 6:29am Updated Sir Philip Green accuses Frank Field MP of holding up BHS pension deal
Topshop tycoon Sir Philip Green this weekend launched an outspoken attack on Frank Field, accusing the Labour MP of causing delays to his settlement with the BHS pension fund.
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A $76,000 Monthly Pension: Why States and Cities Are Short on Cash 14 Apr 2:25pm A $76,000 Monthly Pension: Why States and Cities Are Short on Cash
Governments are struggling as mounting pension obligations crowd out the rest of their budgets. Oregon faces a severe, self-inflicted crisis.
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 Britons will soon be able to invest in Chinese firms directly 12 Apr 3:27am Updated Britons will soon be able to invest in Chinese firms directly
The tie-up will give UK traders - from ordinary savers to giant pension funds - easy access to companies in the world’s fastest-growing large economy with a burgeoning middle class.
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Retirement – can you make your pension last at least 20 years? | Patrick Collinson 7 Apr 2:00am Retirement – can you make your pension last at least 20 years? | Patrick Collinson
The government should be providing a low-cost service to manage your retirement fundsThis week millions of workers will be forced to save more into a pension, as “auto-enrolment” takes a 3% cut from pay packets, and employers are obliged to chip in a further 2% of salary. Next year it will rise to a total of 8%. It’s not a lot, but it’s a start. Now comes the much bigger challenge: making the money you save last two, and possibly three, decades of retirement.
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Cleaning up 6 Apr 5:24pm Updated Cleaning up
Tips for the new financial year including selling clutter and finding out how much your pension is worth.
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 Worker pension deductions will triple to 2.4% 6 Apr 10:53am Worker pension deductions will triple to 2.4%
The move is aimed at helping people build a bigger pot towards a comfortable retirement, but experts say the hike could feel like a 'harsh jolt' when people get their pay packets this month.
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 Worker pension deductions will triple to 2.4% under auto enrolment changes 6 Apr 8:23am Worker pension deductions will triple to 2.4% under auto enrolment changes
The move is aimed at helping people build a bigger pot towards a comfortable retirement, but experts say the hike could feel like a 'harsh jolt' when people get their pay packets this month.
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Workers paying more into pensions from today 6 Apr 6:27am Workers paying more into pensions from today
Workers will have to pay more into their pension pots from today as the latest stage in a "quiet revolution" gets under way.
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 Pension firms should be forced to offer cheap drawdown, say MPs 5 Apr 3:36pm Updated Pension firms should be forced to offer cheap drawdown, say MPs
Any pension firm that sells drawdown products should be forced to offer a cheap, standardised version by April 2019, to sit alongside other more expensive schemes, according to MPs.
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Facebook board has to look past Mark Zuckerberg for reform 5 Apr 2:33pm Facebook board has to look past Mark Zuckerberg for reform
World’s eighth largest firm needs governance structure to provide better oversight than its founder The most revealing answer given by Mark Zuckerberg on Wednesday was his shortest. Asked if Facebook’s board had discussed whether he should step down as chairman, a move that would still leave him as chief executive, he replied: “Not that I’m aware of.” It’s probably safe to assume Zuckerberg would have known about any such discussions among his fellow directors, so take his answer to mean: no, Facebook’s board has heard the calls for the appointment of an independent chair, from New York City’s pension fund for example, and decided to ignore them.
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Abu Dhabi fund eyes stake in £3bn PIC 5 Apr 12:52pm Abu Dhabi fund eyes stake in £3bn PIC
One of the world's biggest sovereign wealth funds‎ is plotting to buy a big stake in the pension buyout firm which stands behind the retirement obligations of companies including EMI, the music publisher, and WPP, the marketing services giant.
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 Could housing boom help build your pension? Government pledge to build  300,000 new homes a year  4 Apr 4:20am Could housing boom help build your pension? Government pledge to build  300,000 new homes a year 
Ministers seem determined to build more homes. Chancellor Philip Hammond has committed £44bn to help deliver 300,000 homes a year over the next half a decade.
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 Can I put my pension fund in cash for my retirement? 3 Apr 2:38am Can I put my pension fund in cash for my retirement?
I hope to retire in about six years with a decent pension pot. Is it not a bit risky just leaving your pension invested? Could you not leave the money in cash?
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Why your pay packet could soon get a little bit smaller 1 Apr 7:10pm Why your pay packet could soon get a little bit smaller
This month new workplace pension contributions are about to go up. That could lead to an average monthly pay packet being £15 smaller. Will that make people opt out?
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 Auto enrolment pension payments to rise from 0.8% to 2.4% 1 Apr 5:56am Updated Auto enrolment pension payments to rise from 0.8% to 2.4%
Millions of workers auto-enrolled into pensions will see deductions from wages triple in April, squeezing their spending power and testing the commitment to saving for old age.
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April tax changes 30 Mar 8:20pm April tax changes
The start of April sees changes in personal allowances, the minimum wage, council tax and pension contributions.
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Pension Fund Calls on Facebook Board to Make Changes: DealBook Briefing 29 Mar 4:01pm Updated Pension Fund Calls on Facebook Board to Make Changes: DealBook Briefing
The investment adviser to New York City’s pension funds is calling for changes to Facebook’s board to address the fallout from Cambridge Analytica scandal.
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 FCA identifies risky and harmful behaviour by pension savers 29 Mar 2:25pm Updated FCA identifies risky and harmful behaviour by pension savers
Many people are dipping in to take a 25 per cent tax-free lump sum after turning 55 despite not intending to retire yet, then making poor investment moves with the rest of their pots, a new report reveals.
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 One in eight people will retire with no pension this year 28 Mar 9:35am Updated One in eight people will retire with no pension this year
In 2008, nearly a quarter, of people about to retire expected to do so without any private pension savings. This year, that proportion stands at 12 per cent, or nearly half than it was ten years ago.
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 IN THE MONEY: Aviva chief exec Mark Wilson was paid £4.3m last year 27 Mar 7:22pm IN THE MONEY: Aviva chief exec Mark Wilson was paid £4.3m last year
Mark Wilson earned a £1m salary at the insurer, plus £288,000 towards his pension and £107,000 in benefits such as medical cover and a car allowance.
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 I want to stick extra cash in my pension before the tax year ends 26 Mar 3:49am Updated I want to stick extra cash in my pension before the tax year ends
I want to top up my pension to get the most out of this year's £40k annual allowance for tax relief. Ian Browne (pictured) of Old Mutual Wealth explains the rules and pitfalls.
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 Should I open an investment Isa or just top up my pension? 24 Mar 11:30am Updated Should I open an investment Isa or just top up my pension?
I have some spare cash which I’m willing to put away for the long term. Should I open an investment Isa before this year’s deadline, or pay extra into my pension?
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 The attractions of buy-to-let are waning, claims expert 22 Mar 6:11am Updated The attractions of buy-to-let are waning, claims expert
‘My property is my pension’ is a popular notion, but what is the reality? Ian Dyall, head of estate planning at Tilney, thinks property fans are overlooking the drawbacks.
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 Property versus pension – what’s best for your retirement? 22 Mar 3:50am Property versus pension – what’s best for your retirement?
‘My property is my pension’ is a popular notion, but what is the reality? Ian Dyall, head of estate planning at Tilney, thinks property fans are overlooking the drawbacks.
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 Should you give up Royal London pension perks for an 80% bonus? 21 Mar 7:52am Updated Should you give up Royal London pension perks for an 80% bonus?
Royal London has written to savers offering to boost pensions by between 50 and 80 per cent, meaning a nest egg of £50,000 would be increased to between £75,000 and £90,000 overnight.
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 Should you give up pension perks for an 80% bonus? 21 Mar 5:19am Updated Should you give up pension perks for an 80% bonus?
Royal London has written to savers offering to boost pensions by between 50 and 80 per cent, meaning a nest egg of £50,000 would be increased to between £75,000 and £90,000 overnight.
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 Move fast for mortgage aid or risk being left out of pocket 21 Mar 5:01am Move fast for mortgage aid or risk being left out of pocket
Support for Mortgage Interest helps borrowers with interest payments on loans up to £200,000. To apply, you must be on benefits or receiving pension credit.
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Tens of thousands still missing out on pension perks 20 Mar 9:19pm Tens of thousands still missing out on pension perks
A report suggests that 90% of people eligible are failing to claim National Insurance Credits.
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New York Fund Snubs All-Male Boards 20 Mar 2:11pm New York Fund Snubs All-Male Boards
A major state pension fund said it would oppose the re-election of all directors at corporate boards without a single woman.
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BT-owned Hermes nears £400m Federated sale 20 Mar 12:08pm BT-owned Hermes nears £400m Federated sale
A US-based fund manager is on the brink of sealing a roughly-£400m takeover of Hermes Investment Management, the blue-chip institutional shareholder owned by BT’s pension scheme.
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Melrose offers £1bn pension boost in GKN takeover bid - business live 19 Mar 9:34am Updated Melrose offers £1bn pension boost in GKN takeover bid - business live
All the day’s economic and financial news, as turnaround specialist Melrose keeps fighting to take control of UK engineering group GKN
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A pension of £18,000 - or £1,000? The auto enrolment dilemma 19 Mar 6:31am A pension of £18,000 - or £1,000? The auto enrolment dilemma
Nine million workers in auto enrolment must decide whether to pay higher contributions.
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Melrose pledges £1bn boost to GKN pension fund 19 Mar 3:55am Melrose pledges £1bn boost to GKN pension fund
The move comes after GKN rejected what Melrose said was its final offer for the UK engineering giant.
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Melrose confirms £1bn boost to GKN pension fund 19 Mar 3:36am Updated Melrose confirms £1bn boost to GKN pension fund
The move comes after GKN rejected what Melrose said was its final offer for the UK engineering giant.
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May pledges to fine company bosses if they endanger staff pension funds 17 Mar 8:05pm May pledges to fine company bosses if they endanger staff pension funds
New criminal offence of neglecting pension responsibilities to be announced this weekRogue bosses will face fines or prosecution for putting the pensions of their workers at risk under new laws to be unveiled by the government. Ministers will confirm this week that they will target reckless employers with new rules designed to protect pension pots when companies go under. There will also be measures designed to target directors who are guilty of mismanagement.
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 Can I give my wife half my pension? Steve Webb replies 17 Mar 3:59am Updated Can I give my wife half my pension? Steve Webb replies
I estimate when I retire I could have a pension of £20,000. My wife has nothing. She worked mainly part time whilst raising our children and now is the principal carer for her mother.
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Artists in battle over modern artwork pension fund 17 Mar 3:00am Artists in battle over modern artwork pension fund
The Artist Pension Trust, which holds one of the biggest collections of contemporary art in the world, is facing a legal bust-upA unique initiative, designed to provide artists with a “pension”, is at the centre of a row after it emerged that some members have signed up to a group legal action in a bid to extricate themselves from the scheme. Guardian Money understands several British artists are seeking the return of artworks they signed over to the scheme, whose website states it has around 2,000 participants worldwide, including Turner prize winners Jeremy Deller, Douglas Gordon and Richard Wright, and other well-known UK names such as Bob and Roberta Smith and David Shrigley. It’s the latest in a line of controversies to hit the Artist Pension Trust (APT) which, as the name suggests, was set up to provide artists – many of whom struggle to make a living, let alone plan for retirement – with some financial security in their old age.
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 ASK TONY: What are risks of cashing in my £45k personal pension? 14 Mar 4:52am Updated ASK TONY: What are risks of cashing in my £45k personal pension?
I earn about £33,000 a year, so if I took the pension at once as a lump sum how much tax would I have to pay? Would I have to get financial advice as well?
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 The truth behind 11 common pension myths 13 Mar 7:52pm Updated The truth behind 11 common pension myths
What are the most common pension myths? Nathan Long, pension expert at financial giant Hargreaves Lansdown, explains the fallacies many savers are convinced are true.
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 Workers opting out of workplace pension could miss out on £450K pot 13 Mar 7:09am Updated Workers opting out of workplace pension could miss out on £450K pot
An increase in minimum contribution rates is set to come into force in April, with concerns some savers may choose to drop out.
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 How much should I have in my pension fund by the time I retire? 12 Mar 4:05am How much should I have in my pension fund by the time I retire?
I'm 45 this year, and don't own a house but I have a fair sized amount saved in pension plans. I'm trying to decide whether to reduce contributions and put money into getting on the housing ladder instead.
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 JEFF PRESTRIDGE: £5 TRILLION - a true horror of a pension bill 11 Mar 6:06am Updated JEFF PRESTRIDGE: £5 TRILLION - a true horror of a pension bill
Between 2010 and 2015, the country’s pension commitments – pension rights already accrued but yet to be paid – rose from £6.6trillion to £7.6trillion.
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 Five things to do to prepare for your Pension Wise appointment 8 Mar 2:44am Five things to do to prepare for your Pension Wise appointment
The Pension Wise service was set up to help over-50s plan their finances after the pension freedom reforms in 2015. The Government explains how to get maximum benefit from the free sessions.
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 Fears of a UK pensions time bomb as bill soars to £7.6trillion 7 Mar 8:51pm Fears of a UK pensions time bomb as bill soars to £7.6trillion
The total cost of workplace and state pension liabilities stood at £7.6 trillion in 2015, according to the Office for National Statistics – more than four times the size of Britain’s economy.
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 State pension top-up fiasco: The savers who fail to boost incomes 7 Mar 8:18pm Updated State pension top-up fiasco: The savers who fail to boost incomes
Today This is Money and Money Mail call for an overhaul of the state pension top-ups offered to millions of savers. Savers are paying up to £2,000 extra to boost payouts, but it doesn't work for some.
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Worsening life expectancy drives Legal & General profit rise 7 Mar 2:56pm Worsening life expectancy drives Legal & General profit rise
Insurers need to set aside less cash for pension payments as century-long rise in UK life expectancy stalls due to bad diet, stress and austerity A slowdown in improvements in life expectancy in Britain has driven a sharp rise in annual profits at the insurance and pensions firm Legal & General.
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Government owes £5.3trn to pension pots - ONS 7 Mar 12:17pm Government owes £5.3trn to pension pots - ONS
Most people look forward to the so-called 'golden years' of retirement - when, in theory, liberated from the slog of going to work every day, they can get up when they feel like it and do what they like all day.
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 My confidence in state pension top-up system has been drained 7 Mar 5:08am My confidence in state pension top-up system has been drained
There is no way HMRC should be pocketing sums of up to £2,000 of state pension top-up money when it won't make a blind bit of difference to your retirement income.
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 INVESTMENT CLINIC: A pension for a grandson paying £200 a month 7 Mar 4:26am Updated INVESTMENT CLINIC: A pension for a grandson paying £200 a month
I wish to start a pension for my grandson and pay in £200 a month. What do I need to consider?
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 Savers are wasting their money trying to boost their incomes 7 Mar 4:02am Updated Savers are wasting their money trying to boost their incomes
Today This is Money and Money Mail call for an overhaul of the state pension top-ups offered to millions of savers. Savers are paying up to £2,000 extra to boost payouts, but it doesn't work for some.
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No Pension? You Can ‘Pensionize’ Your Savings 2 Mar 2:28pm Updated No Pension? You Can ‘Pensionize’ Your Savings
Researchers have developed the “spend safely in retirement” strategy aimed at middle-income people.
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Carillion directors dismissed plan to secure £218m for pension scheme 1 Mar 7:01pm Carillion directors dismissed plan to secure £218m for pension scheme
Board rejected proposal to break up company and sell profitable assets prior to liquidation, accountants say The board of Carillion dismissed a proposal that could have poured £218m into the
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 Virgin Money CEO Jayne-Anne Gadhia pockets £2.7m 1 Mar 5:24am Virgin Money CEO Jayne-Anne Gadhia pockets £2.7m
Virgin Money boss Jayne-Anne Gadhia took home £880,000 of fixed pay and £234,000 towards her pension, plus a £1.5million bonus.
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 Shares sold to pay fees left John £3k of his £100k pension 28 Feb 5:28am Updated Shares sold to pay fees left John £3k of his £100k pension
John Eddom's pot was worth £50,000 when he stopped saving in 2000 and if his investments had been left alone he would be sitting on a fund worth more than £100,000 today.
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 John was left with just £3,000 from a £100,000 pension 27 Feb 5:57pm John was left with just £3,000 from a £100,000 pension
John Eddom's pot was worth £50,000 when he stopped saving in 2000 and if his investments had been left alone he would be sitting on a fund worth more than £100,000 today.
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 Do I have rights to a pension from a job I had in 1980s? 26 Feb 2:59am Do I have rights to a pension from a job I had in 1980s?
I have come across old pay slips for a job I had in 1984. My then employer deducted a princely sum of £45.30 in total and as far as I can recall, they never refunded it.
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 JEFF PRESTRIDGE: Too little, too late 25 Feb 8:06am JEFF PRESTRIDGE: Too little, too late
This Thursday will see the City regulator introduce new rules designed to ensure people get better value for money when converting their pension fund into a lifetime income.
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Carillion halted stupid, unthinking outsourcing. Now it’s time for reform 24 Feb 7:03pm Carillion halted stupid, unthinking outsourcing. Now it’s time for reform
Serco boss Rupert Soames has come up with a plan to reform delivery of public services by private firms Carillion is bust, leaving job losses, underfunded pension schemes and half-finished hospitals in its wake. The east coast mainline is a shambles – again. Interserve, a company with 25,000 staff in the UK supplying the public sector in health, education and defence, is being watched closely by the government in case the crisis in the outsourcing industry gets worse. Capita, which used to be seen as a source of stability, is trying to remove doubts about its own future by raising £700m via a rights issue. Its shares have collapsed from £13 to 175p in less than three years. What happened? Is the outsourcing model now so broken that it is useless for both sides – government and providers? Is it time to return the delivery of public services to the public sector? Is Jeremy Corbyn right that Carillion’s failure was a
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 HAMISH MCRAE: Betrayed on our pensions 24 Feb 5:08am Updated HAMISH MCRAE: Betrayed on our pensions
A quarter of a century ago Britain's occupational pension system was the envy of the world. Along with the Netherlands, we had better funded private pensions than any other country.
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Ex-BHS boss Dominic Chappell ordered to pay £87,000 in pensions case 23 Feb 12:57pm Ex-BHS boss Dominic Chappell ordered to pay £87,000 in pensions case
He says he is broke and can’t pay, after court rules he failed to give information to regulator The former owner of BHS, Dominic Chappell, has been ordered to pay a £50,000 fine and £37,000 court costs for failing to disclose vital details to the pensions watchdog as part of its investigation into the collapse of the high street chain. The fine – which Chappell said he could not pay because he had “no funds” – comes on top of a demand from the Pensions Regulator (TPR) for £10m to help plug the hole in BHS’s pension fund.
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Ex-BHS owner Dominic Chappell fined £87,000 23 Feb 12:30pm Ex-BHS owner Dominic Chappell fined £87,000
The fine was imposed for failing to provide information about BHS's pension schemes.
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Former BHS owner fined £87k in pension case 23 Feb 11:18am Former BHS owner fined £87k in pension case
Former BHS owner Dominic Chappell must pay £87,170 for failing to provide pensions information to an investigation into the collapse of the retailer.
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 Divorcees retiring in 2018 worse off than married couples 23 Feb 5:38am Divorcees retiring in 2018 worse off than married couples
Those still married said they expect to have a yearly pension income of £21,400, compared to £17,600 for those who have gone through divorce, research suggests.
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 Divorcees retiring in 2018 worse-off than married couples 23 Feb 3:38am Updated Divorcees retiring in 2018 worse-off than married couples
Those still married said they expect to have a yearly pension income of £21,400, compared to £17,600 for those who have gone through divorce, research suggests.
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 Watchdog admits failure to protect Carillion pensions 22 Feb 6:57pm Updated Watchdog admits failure to protect Carillion pensions
MPs probing the collapse also revealed claims that Carillion’s former finance boss, Richard Adam, said he considered the pension schemes a ‘waste of money’.
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MPs attack pension regulator at Carillion inquiry 22 Feb 6:33am MPs attack pension regulator at Carillion inquiry
Regulators heavily criticised amid claim firm’s ex-finance chief called pensions ‘a waste of money’ Carillion’s former finance director described pension payments as a “waste of money”, MPs conducting a parliamentary inquiry into the
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Carillion directors ignored pleas to plug pensions gap, letters reveal 19 Feb 7:01pm Carillion directors ignored pleas to plug pensions gap, letters reveal
Frank Field says evidence shows that directors were ‘contemptuous of their pensions obligations’ Carillion’s pension scheme trustees began urging the
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Sir Philip Green faces more pension questions from Frank Field 19 Feb 4:03am Updated Sir Philip Green faces more pension questions from Frank Field
MP Frank Field will probe pension schemes amid reports that Sir Philip Green wants to sell his empire.
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Spending Bill Sets Path to Fix a Looming Pension Crisis 18 Feb 7:09pm Spending Bill Sets Path to Fix a Looming Pension Crisis
The sprawling agreement to boost government spending quietly included a step toward defusing what could be a financial time bomb for 1.5 million retirees.
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 GKN to pump £150m into pension pot 17 Feb 4:24am Updated GKN to pump £150m into pension pot
The engineering giant, which makes car and aircraft parts, has already announced plans to hand £2.5billion to shareholders if it wins its fight for independence.
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 Pension tips for married couples and benefits available 15 Feb 2:09pm Updated Pension tips for married couples and benefits available
It may not seem like a grand romantic gesture, but making sure your spouse is financially comfortable in retirement, will go a long way towards securing your future happiness together.
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 How do pensions work? Your guide to retirement saving 15 Feb 5:03am Updated How do pensions work? Your guide to retirement saving
Making the most of a pension is your best chance of securing a decent income when you retire. We explain what you need to know.
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 Starling Bank launches partnerships with finance apps 13 Feb 5:59am Starling Bank launches partnerships with finance apps
Customers who sign up for a Starling current account will be able to access mortgage advice, pension management, investments and insurance all through one secure app.
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 Starling Bank launches with Habito, Pension Bee and others 13 Feb 4:27am Updated Starling Bank launches with Habito, Pension Bee and others
Customers who sign up for a Starling current account will be able to access mortgage advice, pension management, investments and insurance all through one secure app.
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 Millions have no pension as self-employed saving plunges 12 Feb 3:03pm Updated Millions have no pension as self-employed saving plunges
About 45 per cent of self-employed workers aged between 35 and 55 have no private pension, the Office for National Statistics revealed.
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 Fears intensify over the future of Toys R Us 11 Feb 11:20am Fears intensify over the future of Toys R Us
Regulators are monitoring retail chain Toys R Us amid fears its pension deficit could be jettisoned into the Pension Protection Fund. The concerns arose following the launch of an emergency sale process.
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 Fears intensify over the future of retail chain Toys R Us 11 Feb 7:32am Fears intensify over the future of retail chain Toys R Us
Regulators are monitoring retail chain Toys R Us amid fears its pension deficit could be jettisoned into the Pension Protection Fund. The concerns arose following the launch of an emergency sale process.
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 How pension deficits put dividends at risk 10 Feb 5:10am Updated How pension deficits put dividends at risk
If a business is a riskier investment than its peers, it may increase its payout to compensate investors. A warning sign is when the firm has a large pension black hole compared to the overall company size.
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 Should I spend £20k of savings on an annuity? 8 Feb 2:57am Should I spend £20k of savings on an annuity?
I don’t have much in the way of workplace or personal pension provision but do have £20,000 in savings and wondered if it would be possible to buy some kind of guaranteed income with it?
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 Blow to pensioners as Post Office card accounts close 7 Feb 12:38pm Blow to pensioners as Post Office card accounts close
The Post Office Card Account was launched for people who did not have a bank account and needed somewhere to receive pension and benefits payments.
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How Are Cities Paying Bills? Trash, Parking, 911 Fees 7 Feb 10:10am Updated How Are Cities Paying Bills? Trash, Parking, 911 Fees
Residents are paying more for everything from parking tickets and 911 calls to sewer service and trash pickup as cash-strapped American cities struggle to pay for mounting pension obligations, cover costly infrastructure improvements and replace revenue depleted by the last recession.
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 Blow to pensioners as Post Office closes card accounts 7 Feb 4:46am Updated Blow to pensioners as Post Office closes card accounts
The Post Office Card Account was launched for people who did not have a bank account and needed somewhere to receive pension and benefits payments.
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 How much state pension will I get after 51 years working? 6 Feb 9:34am Updated How much state pension will I get after 51 years working?
Under the transition from the old to the new state pension, you are meant to get the higher of the two amounts calculated under the two systems. Could I be entitled to a £200 per week state pension?
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 Saver loses £3,700 in pension cash row with SC Johnson 6 Feb 4:24am Updated Saver loses £3,700 in pension cash row with SC Johnson
Shane Bujold, a 32-year-old accountant, has accused former employer SC Johnson of unfairly withholding a chunk of his pension fund.
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 Carillion knew of pension risk for six years 5 Feb 5:10pm Carillion knew of pension risk for six years
Advisors told pension trustees six years ago that executives were prioritising hefty pay-outs to shareholders over filling the widening gap in the fund, documents show.
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Reported pension deal clears way for Mirror to buy Express titles 4 Feb 12:01pm Reported pension deal clears way for Mirror to buy Express titles
Richard Desmond thought to be close to agreeing sale of OK! and news titles after progress in talks Billionaire Richard Desmond is set to stop the presses on a 43-year publishing career with a £125m deal to sell his Express and Star newspapers and celebrity magazine OK! this week. Desmond has been in talks with Trinity Mirror, the publisher of the Labour-supporting Daily and Sunday Mirror titles, to offload his Brexit-backing titles
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 RUTH SUNDERLAND: Stop ignoring the pension crisis 4 Feb 8:42am Updated RUTH SUNDERLAND: Stop ignoring the pension crisis
The collective shortfall in pension funds across the FTSE 100 was £17 billion last year, according to the well-regarded annual study by experts LCP.
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‘I’m 78 on an £18,000 income and live a very good life in London’ 4 Feb 4:36am ‘I’m 78 on an £18,000 income and live a very good life in London’
An ex-council worker on how she makes her pension stretch to holidays, a car and theatre trips It always fascinates me when I talk to other retired people that they don’t seem to know what their income is. I always know exactly what my earnings and outgoings are and, because I’m of the generation that was taught to be canny with money, I make a little go a long way. £18,000 might not seem a lot given the expense of living in London, but I manage a very good life on it. The mortgage was paid off 20 years ago, so I don’t have to budget for rent or repayments, though the four-bedroom Victorian house where I raised my family and where I still live is always having expensive things wrong with it. I mean to move somewhere smaller and cheaper to run, but haven’t got round to it.
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‘I’m 78 with an £18,000 income and live a very good life in London’ 3 Feb 1:30am ‘I’m 78 with an £18,000 income and live a very good life in London’
An ex-council worker on how she makes her pension stretch to holidays, a car and theatre trips It always fascinates me when I talk to other retired people that they don’t seem to know what their income is. I always know exactly what my earnings and outgoings are and, because I’m of the generation that was taught to be canny with money, I make a little go a long way. £18,000 might not seem a lot given the expense of living in London, but I manage a very good life on it. The mortgage was paid off 20 years ago, so I don’t have to budget for rent or repayments, though the four-bedroom Victorian house where I raised my family and where I still live is always having expensive things wrong with it. I mean to move somewhere smaller and cheaper to run, but haven’t got round to it.
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 More than 370 Carillion staff will be made redundant 2 Feb 7:30am Updated More than 370 Carillion staff will be made redundant
UK construction giran Carillion went into compulsory liquidation on Monday January 12 with debts of up to £5bn including a black hole in its pension fund of up to £2.6bn.
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 Pension watchdog chases BHS owner Chappell for £10m  1 Feb 4:50pm Pension watchdog chases BHS owner Chappell for £10m 
The Pensions Regulator watchdog confirmed it served a determination notice on Chappell last month, seeking money owed. The entrepreneur has 28 days from receiving the notice to appeal.
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Ex-BHS boss Dominic Chappell issued with £10m pension bill 1 Feb 9:49am Ex-BHS boss Dominic Chappell issued with £10m pension bill
Regulator’s formal demand seeks to protect pensions of BHS fund’s 19,000 members The former
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Chappell gets £10m BHS bill from pension watchdog 1 Feb 7:37am Chappell gets £10m BHS bill from pension watchdog
Dominic Chappell, the former owner of BHS, has been slapped with a £10m bill by pensions watchdogs as they try to recover money owed to the bankrupt retailer’s retirement scheme.
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 Workers are being lured to ditch final salary pensions 31 Jan 6:25am Updated Workers are being lured to ditch final salary pensions
In what’s being described as a feeding frenzy, financial advisers are also running so-called pension parties to lure workers into ditching their gold-plated retirement plans.
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 MONEY MORSELS: Social media scams and pension delays  30 Jan 6:54pm MONEY MORSELS: Social media scams and pension delays 
Under-25s are more than six times more likely to fall for investment scams plugged on social media than the over-55s, a new report by the City watchdog has found.
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 Two-thirds of final salary pension schemes now in red 30 Jan 5:56am Updated Two-thirds of final salary pension schemes now in red
Some 3,710 schemes were in deficit at the end of 2017, with the shortfall totalling £210bn, according to the Pension Protection Fund. That amounted to 66.4 per cent of the 5,588 pension pots monitored.
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 KPMG to be investigated over Carillion audit 29 Jan 4:51pm KPMG to be investigated over Carillion audit
Carillion went into liquidation on January 12 with debts of up to £5bn including a pension deficit of up to £2.6bn. KPMG had signed off its annual report and accounts only nine months earlier.
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 GKN hits back at hostile bidder over its deficit plans 29 Jan 7:36am GKN hits back at hostile bidder over its deficit plans
GKN hit back at hostile bidder Melrose on Monday, warning that the debt plan put forward by the turnaround specialist would cut into the engineering giant's pension scheme.
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Carillion avoided pension demands, MPs say 29 Jan 12:32am Carillion avoided pension demands, MPs say
Carillion has been accused of attempting to "wriggle out" of pensions obligations while paying out tens of millions in shareholder dividends and pay for bosses.
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Carillion: MPs accuse pensions watchdog of failing to act 28 Jan 7:01pm Carillion: MPs accuse pensions watchdog of failing to act
Regulator let firm defer payments to £1bn pension deficit but rack up debts to fund dividends MPs have accused the Pensions Regulator of failing to act while Carillion racked up debts to pay dividends and executive bonuses, as the business built up a pension deficit that reached nearly £1bn by the time it collapsed this month.
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 SHARE PUNT OF THE WEEK: Xafinity 27 Jan 5:21am Updated SHARE PUNT OF THE WEEK: Xafinity
Xafinity provides advisory, compliance and administration services to final salary pension schemes. Founded more than 40 years ago, it didn’t float on the stock market until February last year.
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Carillion greed hits other companies’ pensions | Letters 26 Jan 11:04am Carillion greed hits other companies’ pensions | Letters
The Pension Protection Fund receives its money by levies on other pension funds, writes
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 Do you have to pay tax if you inherit a pension? 25 Jan 3:39am Updated Do you have to pay tax if you inherit a pension?
This is Money columnist Steve Webb explains the 75th birthday tax rule on bequeathing pension funds. Why are your heirs penalised if you manage to live that long?
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Pension probe 24 Jan 7:38pm Pension probe
A look at the growing efforts to make investment funds and pension schemes to reveal any hidden costs.
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Truffle tree pension scam cost victims tens of thousands 24 Jan 7:22am Truffle tree pension scam cost victims tens of thousands
On average, 245 people lost £55,000 each, after being persuaded to invest in scam pension schemes.
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 What protects your pension? This is Money podcast 24 Jan 4:48am Updated What protects your pension? This is Money podcast
It's not just their wages that are a concern when a company folds, the safety of people's final salary pensions is a major worry too. So how safe are they and what protects them?
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 In pods we trust?Not after £16,000 insurance request 22 Jan 7:15am Updated In pods we trust?Not after £16,000 insurance request
My dad invested £45k of his pension plan in storage pods. He has now been contacted by KB Financial Solutions, with an offer to buy his pods for £60k. Is it a scam?
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 Carillion has left enormous debts 21 Jan 6:17am Updated Carillion has left enormous debts
What is likely to happen to the directors of Carillion who were in charge while the group lurched towards the rocks, leaving enormous debts, unbuilt hospitals, a black hole in the pension fund
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 Beware the vultures circling over gold-plated pensions 21 Jan 5:59am Updated Beware the vultures circling over gold-plated pensions
The advisers, some of whom persuaded former British Steel workers to transfer out of their pension schemes, have been given fresh momentum following a series of failures.
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 BT defeated in bid to cut payouts for pensioners 20 Jan 8:27am Updated BT defeated in bid to cut payouts for pensioners
In a ruling yesterday, the telecoms giant was barred from changing the way it calculates pension rises for 83,000 current and former workers.
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Carillion collapsed with £2.6bn pension hole 19 Jan 6:22am Carillion collapsed with £2.6bn pension hole
Carillion, the bankrupt construction group, had financial liabilities worth about £5bn when it went bust this week, according to the most extreme calculation of its obligations to tens of thousands of pension scheme members.
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 Should I sign up for child benefit? Yes, for state pension 19 Jan 3:24am Updated Should I sign up for child benefit? Yes, for state pension
My wife will need to work a further three years due to poor communication of child benefit changes. The response from my MP has been disappointing - how can we escalate this further?
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Carillion hired BHS pension chief ‎before collapse 18 Jan 3:09pm Carillion hired BHS pension chief ‎before collapse
The pension trustee who oversaw negotiations with Sir Philip Green over BHS's retirement scheme deficit was parachuted in to advise on the crisis at Carillion days before the construction group collapsed.
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 How safe is your final salary pension? How it is protected 18 Jan 5:04am Updated How safe is your final salary pension? How it is protected
Britain’s private pensions were once the envy of the world. Long gone are widespread world-class final salary schemes, but many still have some promises due and they are worth holding on to.
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Buybacks, Pension Contributions and Savings: Companies Tout Tax Benefits 17 Jan 9:52pm Updated Buybacks, Pension Contributions and Savings: Companies Tout Tax Benefits
Some of the biggest U.S. companies are promising significant annual savings, bigger pension contributions, higher dividend payments and more extensive stock buybacks as executives start to discuss the impact of the federal tax overhaul.
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Companies Tout Tax Benefits as Earnings Season Begins 17 Jan 8:59am Updated Companies Tout Tax Benefits as Earnings Season Begins
Some of the biggest U.S. companies are promising significant annual savings, bigger pension contributions, higher dividend payments and more extensive stock buybacks as executives start to discuss the impact of the federal tax overhaul.
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