My father owned a house to which my sister was added as co-owner. She lived there to care for him. Unfortunately my father passed away, and we are settling his estate as joint executors. If she sells the house, what would I inherit? I do not want to involve a solicitor in case my sister finds out and thinks the worst.
What you need to know about pensions in 2017: How Brexit, a threat to tax relief, and state pension age changes may affect you
We explore how retirement finances might be affected as the UK prepares to make the break with Europe, and other issues that could alter your plans for old age over the coming year. At the same time as Brexit rumbles on, final salary schemes are under pressure, a decision on state pension age changes is due and the Lifetime Isa should open .Here's what you need to know about pensions in 2017.
ASK STEVE WEBB A PENSION QUESTION
Must older married women wait for husbands to reach retirement age to get state pension?
Former Pensions Minister Steve Webb is This Is Money's Agony Uncle. He is ready to answer your questions, whether you are still saving, in the process of stopping work, or juggling your finances in retirement. This week, he explains how women used to have to wait for their husbands to get a state pension, but rules have changed now.
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- I had to forfeit my late wife's pension just because I remarried - how is this fair?
- Should I transfer my £16k local government pension pot into a private scheme?
- I don't pay tax but do contribute to a pension - can I get tax relief on my payments?
- I divorced in 1972 and became a single working mum - how did this affect my state pension?
- Will my wife get a state pension increase if I die before she does?
- Will my company still pay into my pension while I'm on maternity leave?
- Why has drawing the state pension changed my tax code - and why wasn't I warned sooner?
- I'm divorcing - can my ex-husband take half my pension and cash in his share?
- I'm an ex-civil servant who was 'contracted out' - can I pay a top-up to get full new state pension?
MAKE THE MOST OF YOUR RETIREMENT
PENSIONS FREEDOM ESSENTIALS
MORE PENSIONS NEWS AND TIPS
HMRC bungled my NI payments then stonewalled for months instead of fixing error, claims angry British expat
Stephen Young says he hit a dead end with HMRC after months of trying to set an NI error straight, and became increasingly worried about what state pension he would get in a few years' time. He paid around £1,100 in extra NI last Spring to gain eight more qualifying years towards his state pension, but he received forecasts which only added five years to his existing tally. The mistake was only sorted out after he turned to This is Money and we contacted HMRC on his behalf.
DAN HYDE: Arise Sir Steve Webb, knighted for trying to get Britain's creaking pensions up to scratch
What would you do with a 40-year retirement? How a longer life could mean another career... and a lot more saving
For a few years at least, retiring means more energy, not less. People are entering retirement in better nick and with many more years of life ahead of them than previous generations.Today's retirees just aren't as tired out as previous pensioners and as this trend continues they will redefine retirement as a time to do more with life.
My late mother made money bequests to relatives - must I pay them before I manage to sell her house?
My mother bequeathed specific sums of money to other relatives which exceed the total amount of liquid assets in her bank accounts, but I haven't managed to sell her house to fund the payments yet. Is it feasible to pay part of the bequest, £5,000 of £15,000 for example, until the property is sold and then pay the balance?
My mum has moved to a care home - can dad leave his share of their house to us children instead?
My mother has recently moved out of her home where she lived with my father, which they jointly own, into a dementia care home permanently. My father still lives in the house. Their wills are arranged so that the house goes to the surviving partner when one of them dies and then is shared between the children when the remaining partner passes. As my mother will never be able to return home dad wants to change his will so that his half of the house goes directly to the children. ...read
Pensioners get their 2.5% rise: New state pension to climb to £159.55 a week and basic payout to £122.30 from April
The rises of just under £4 per week and £3 per week, mean Chancellor Philip Hammond stuck to a Tory triple-lock pledge to decide annual rises in the state pension by whatever is the highest of price inflation, average earnings growth or 2.5 per cent. But he has ordered a review into the cost of the guarantee and whether it is affordable.
Fresh annuity crackdown will force providers to tell savers the best rival deal before flogging their own
Buyers will have to be told the difference between a provider's own offer and the best deal available - in pounds and pence annual income - from an annuity comparison tool covering every firm in the market. The proposal is aimed at ensuring older people realise how much they could gain from shopping around and switching provider to get the maximum income to see them through retirement, following official studies showing many still get stuck with shoddy deals.
Half the UK workforce face income shortfall in retirement: Workers aged 35 to 54 set for worst pension shocks
For 35 to 54-year olds, upping contributions is unlikely to be enough on its own, and they might have to work longer and use other assets like property to generate a better retirement income. A new study finds that more than half of the 25.5million workers in the UK are at risk of not having an adequate income in old age.
That's according to a commonly-used yardstick - 67 per cent of what you earned before retirement.
...read
The pensions divide: Can MPs who stopped savers cashing in annuities really understand their pain?
Until 2015, most savers bought annuities to turn their pensions into a retirement income. Then new pension freedom rules meant this was no longer necessary. Initially, the Government promised to extend the freedoms to all by launching a secondary annuity market, where older savers could cash in old deals. But, in October, the plan was ditched.
New mothers urged to sign up for child benefit even if they are not eligible - or they could miss out on full state pension
Unless a mother who cares for a family rather than working signs up for child benefit, they won't receive valuable credits towards a state pension to fill career gaps. Some mothers go back to work and start paying National Insurance towards a state pension again. But an estimated 38,000 are missing out on credits, according to pensions company Royal London. ...read
Lifetime Isa savers set to receive stiff warnings amid fears they will lose out in 'scandal waiting to happen'
Watchdogs have proposed robust safeguards for younger savers buying new Lifetime Isas, as two former Pensions Ministers raise the alarm about a potential sales scandal. Lifetime Isas have provoked a barrage of criticism amid fears younger people will make poor decisions that leave them out of pocket in the long run.
Lasting power of attorney helps families keep control if illness or accident strikes: Why you need this now and how to set it up
One vital document gives family members authority to handle the financial affairs of a loved one in need - meaning they can stay on top of household bills. It is known as a lasting power of attorney. But 44million people do not have this document - 85 per cent of the UK adult population. And two-fifths of adults do not know what one is. James Ashwell set up the firm Unforgettable after caring for his mother Fay
Make pension and investment cold calls illegal, demands petition backed by former pension ministers and industry experts
The petition, launched by Darren Cooke, says: 'Banning cold calling would dramatically reduce the number of people falling prey to fraudsters and losing their savings and pensions.' More than 3,500 people, including Ros Altmann and Steve Webb, are backing the initiative. Cooke, director of Red Circle Financial Planning in South Normanton, told This is Money he hoped to 'cut off the food source' of fraudsters.
Pensioners risk losing £1,000 as MPs call for an end to 'triple lock' rise: Bid to end 'unfair' inflation protection and give cash to 'millennials' instead
Labour MP Frank Field led calls by the Work and Pensions Committee for an end to the 'triple lock' guarantee. He said it was 'unfair and unsustainable' when children were twice as likely as pensioners to be living in poverty. The triple lock, which was introduced by David Cameron in 2012, increases the state pension each year by either the rate of inflation, the rise in average earnings, or 2.5 per cent, whichever is highest. It has pushed the basic state pension to £119.30 a week - or £12,408 a year for a couple.
Were you banking on selling your annuity? Here are alternative options now the Government says you can't
Five million people are stuck with annuities after the Government abandoned plans to let savers sell them on a second-hand market. Elderly people locked into these poor value products - often against their will because it was the only option before pension freedom - will understandably feel immense frustration at losing this lifeline. So what alternatives are open to people with unwanted annuities now? ...read
Secret law that says you CAN cash in your annuity, but (surprise, surprise) insurers are refusing to pay up
Money Mail has uncovered an obscure legal loophole that enables over-55s to cash in annuities for pots worth less than £10,000. The legislation, allegedly buried by government officials, offers a lifeline to pensioners who are locked into deals that turned their savings into a retirement income. The discovery should have been cause for celebration after ministers last week axed plans to allow five million savers to swap any annuity for a lump sum. But insurers are threatening to block customers who attempt to use the law to get at their cash.
As 40 estates a week go unclaimed - here's why you should write a will and how to arrange your bequests for free
The assets of people who die without a will and with no known immediate family are advertised publicly at a rate of around 40 estates a week. The sum total of property, savings and possessions of a deceased person is known as their estate. Those that go unclaimed are listed by the official 'bona vacantia' division of the Government Legal Department. ...read
Double blow for savers hit by pension reforms as Treasury U-turns on annuity promise and Hammond may axe tax breaks
Politicians are being lobbied heavily by insurers to hack back a perk known as tax relief for middle- class workers who are in their 30s and older. At present, savers do not pay income tax on money they put into a pension. It means that £1 paid into a pension costs a basic-rate taxpayer 80p and a higher rate taxpayer 60p.
My brother wants to force our elderly parents to tell him what's in their will - and change it if he's not happy. Can they keep it secret?
My eldest brother wants to see our parents' wills and mine to see what is left to him so he can plan for his future and make sure his children are ok. Both our parents are poorly and I'm their main carer. I still live at home and dropped my hours so I can do more for them. I do not have a pension so mum and dad have made sure that the house comes to me.My other brother is all for it but the other thinks he should get his share and if he didn't like what's in the will he wants to change it.
Firms that try to wriggle out of pension promises to workers should be slapped with fines, MPs told amid fallout from BHS scandal
Both the pension rescue scheme and the regulator want greater powers to prevent funds being dumped when firms are sold. The risks were laid bare following the collapse of retail chain BHS, and separate concerns have been raised by the recent sale of troubled turkey firm Bernard Matthews, a move which left its near £20million pension scheme deficit to be shouldered by the Pension Protection Fund.
Family feuds over inheritance are on the rise - and a record number of cases reached the High Court last year
The number of inheritance disputes reaching the High Court each year has soared to a record high due to the intricacies of modern family life and rising property prices, according to a law firm. Some 116 cases were brought in the High Court under the Inheritance Act last year compared with 15 in 2005 - an eight-fold increase in the annual figure. But this still relatively small number represents the tip of the iceberg of disputes which are either settled or end up in County Court, according to Dan Winter, partner at Nockolds.
MS sufferer battles for 18 months to draw early pension before ex-employer Premier Foods heeds her pleas for help
Jane Walker, from Heswall in Merseyside, made repeated requests for help and information from Premier Foods' pension scheme from April 2015 onwards, but got nowhere until This is Money intervened. A former human resources officer, Mrs Walker worked at Premier for 11 years until 2004, and she wants to make the most of her savings now due to her serious illness which has left her unable to work.
Why the final salary pensions black hole has ballooned to £710BILLION, how it could be fixed and whether retirees will inevitably lose it...
Some 11million savers are still in line for a guaranteed income for life in retirement, but those in underfunded schemes will be wondering if they can still rely on this promise. Yet any move towards allowing employers to duck responsibilities to staff is very politically sensitive - it would anger great swathes of older savers, a group who tend to vote. We explain the crisis facing final salary schemes and explore some solutions being put forward.
PENSIONS FREEDOM: ESSENTIAL GUIDES AND TIPS
Pension freedom is here: Half a million people can spend, save or invest money as they wish - but beware of tax traps and fraud
The huge overhaul allows older savers unrestricted access to their whole pension pots, and removes the need to buy an annuity to provide guaranteed income for life. But pension experts warn freedom reforms bring big and serious risks, like fraudsters stealing people's life savings, baffled retirees paying far too much tax, and the possibility of some treating their savings like a cash windfall and blowing them too fast.
Armchair guide to the great shake-up: Are you sitting comfortably? Then here is how pensions are changing
It's taken 20 years of campaigning by this newspaper - sometimes against governments of the day, other times against big corporate vested interests in the financial world. But after all the battling - and going a little greyer on top - it's time to raise a glass of prosecco and toast a new era. The great pensions revolution has arrived: goodbye unwieldy, straight- jacketing pensions; hello pensions fit for a modern, flexible Britain. From April 6, the pension pendulum swings firmly from provider to you, the consumer, the investor. Rejoice.
PENSION FREEDOM: GUIDES AND TIPS
- The three big pension freedom changes you need to know about
- GEORGE OSBORNE: It's right you have this new pension freedom - after all, it is YOUR money
- Pensions freedom or a retirement trap? Workers are being bribed to quit their generous final-salary schemes
- Savers hoping to take money from pension freedom warned they will pay emergency tax and have to reclaim cash
- Why do I need to move my money to take part in the Great Pension Revolution? The experts answer your questions
- Annuities, buy-to-let, equity release or income funds? The best ways to boost retirement income...
- Why a pension pays you FREE MONEY and how to make the most of the revolution
- Pensions headache? Where you can go for help to make sure you are on the right retirement road
- Wondering how to invest your pension pot to get capital growth as well as income? Here's what the experts would do...
- A £1,600 bill to get at my own savings: Retirement revolution is just 12 days away but some are locked out of pension freedom already
- How anyone can inherit a pension: New rules allow your nest egg to be passed down the generations tax-free
- Ten tips to navigate the pensions maze: How to get a wealthier retirement thanks to new rules
TOP DIY INVESTING PLATFORMS
-
Great service
Fixed account fees, no investment limits -
Free fund dealing
Investment ideas and model portfolios -
Online share dealing
No annual fees and trade for £8 -
Good for big pots
£80 flat fee with 8 free trades -
Cheap share-dealing
0.24% admin fee, £2.50 share dealing -
Low annual charge
0.2% funds fee and £4.95 dealing -
Intelligent investing
Special offer: 6 months no management fee -
Easy to use
Free fund dealing, competitive 0.35% fee -
Low cost funds
0.25% annual fee, no dealing charge -
Welcome rate
£5.95 online share dealing rate first 3 months -
Guidance and tools
Typical 0.35% fee and fund guidance -
Explore 2,500+ funds
£7.50 share and investment trust dealing
MUST READ FROM PENSIONS
- HMRC bungled my NI payments then stonewalled for months instead of fixing error, claims angry British expat
- DAN HYDE Arise Sir Steve Webb, knighted for trying to get Britain's creaking pensions up to scratch
- My mother is showing signs of dementia but her solicitor has power of attorney - what should I do?
- ASK TONY How did Canada Life charges destroy my entire pension pot?
- How to start 2017 in the best financial health Pensions Minister RICHARD HARRINGTON offers saving tips
- What would you do with a 40-year retirement? How a longer life could mean another career... and a lot more saving
- 'I DOUBLED my pension money' How one man found out he deserved £19k a year - not £9.5k - after reading policy small print
- My late mother made money bequests to relatives - must I pay them before I manage to sell her house?
- Is rising life expectancy a social benefit or burden? Half of over-65s think we view living longer as a financial problem
- Pensioners get their 2.5% rise New state pension to climb to £159.55 a week and basic payout to £122.30 from April
- My mum has moved to a care home - can dad leave his share of their house to us children instead?
- Is this really the perfect pension-proof portfolio? As baby boomers hunt for income, broker reveals nine shares paying best dividends
- Half the UK workforce face income shortfall in retirement Workers aged 35 to 54 set for worst pension shocks
- New state pension age As we're all told to work longer, when will you be able to retire?
- New mothers urged to sign up for child benefit even if they are not eligible - or they could miss out on full state pension
- State pension triple lock under threat Will pensioners face stingier annual rises in future?
- Lasting power of attorney helps families keep control if illness or accident strikes Why you need this now and how to set it up
CHECK YOUR INVESTMENTS
Latest from Pensions
- My dad made my sister the co-owner of his house before he died - will I still inherit a share of it?
- Raising pension age to 70 blasted in new report highlighting UK's growing rich-poor divide among an ageing population
- New state pension age: As we're all told to work longer, when will you be able to retire?
- What you need to know about pensions in 2017: How Brexit, a threat to tax relief, and state pension age changes may affect you
- Must older married women wait for husbands to reach retirement age to get state pension? Steve Webb replies
- My mother is showing signs of dementia but her solicitor has power of attorney, what should I do?
- How to start 2017 in the best financial health: Pensions Minister RICHARD HARRINGTON offers saving tips
- Pensioners get their 2.5% rise: New state pension to climb to £159.55 a week and basic payout to £122.30 from April
- Would new pension protection rules stop a repeat of BHS? Why MPs want the 'nuclear deterrent' of huge fines to protect final salary schemes
- HMRC bungled my NI payments then stonewalled for months instead of fixing error, claims angry British expat
- Beware tax trap for families who inherit pension savings from old-style schemes
FUND AND TRUST IDEAS
- THE SCOTTISH INVESTMENT TRUST: The lone wolf fund on the hunt for 'ugly ducklings'
- JPM STERLING CORPORATE BOND: Why this fund is buying into high quality inflation-linked bonds
- POLAR CAPITAL TECHNOLOGY: The trust that's soared 40% in 6 months
- TEMPLETON EMERGING MARKETS INVESTMENT TRUST: Emerging markets face rough ride if Trump imposes tariffs
- SMITH & WILLIAMSON GLOBAL GOLD AND RESOURCES FUND: Mining investors strike lucky as gold regains some of its lustre
- SPW GLOBAL HIGH QUALITY FUND: Our winning strategy is to bet big, be dynamic... and hold lots of cash
- KAMES UK EQUITY INCOME: Seven years of raising dividend payments as mixture of blue-chips and lesser known income shares pays off
- BLACKROCK UK INCOME FUND: Mark Wharrier has made a triumphant return after a ten-year absence
- JO HAMBRO CAPITAL MANAGEMENT GLOBAL OPPORTUNITIES: Cash-rich global fund that's (cautiously) cleaning up
- MARLBOROUGH EUROPEAN MULTI-CAP: It's all about the stocks, NOT the big picture for top Euro fund boss
- ASHBURTON INDIA EQUITY OPPORTUNITIES: How India-based funds are revving up returns for investors
- MOMENTUM FACTOR 5 FUND: The investment where inflation spells good news
- JPMORGAN AMERICAN INVESTMENT TRUST: 'Trump or Clinton? We're more worried about interest rates'
- EVENLODE INCOME: How two Wise men turned £1m into £1bn in just seven years
Monthly Or Lump Sum Savings Calculator
Investing: don't miss
- Fund stars to pick for your portfolio in 2017 Experts name the managers they predict will come out tops
- Has compound interest lost its magic? How saving is NOT the secret to growing cash when rates are so low
- Investors' favourite funds of 2016 revealed Woodford defies income fund slide... but who pipped him to top spot?
- 'I've been naive and stupid': Mother's agony after losing £12.5k through an 'absolute zero-risk' online share trading site to pay for her sons to go to uni
- MINOR INVESTOR Is it time to join the kings of wishful thinking and invest more money in the US?
- INVESTMENT CLINIC I always seem to invest in funds just as they take a turn for the worse - how can I avoid this?
- Investors in ETFs see their wealth eroded by excessive trading and tracker funds earn better returns, says Vanguard founder
- The FTSE 100 has risen in 26 of the past 32 Decembers but does a strong showing to date means the Santa rally will run out of steam?
- Money Pit Stop: I've just got married and want to save up for a holiday home in Europe - where should I invest?
- Should I buy an airport car parking space from firm offering a guaranteed return of at least 8%
- Savers stump up for high fund charges that are 'not justified', warns watchdog in damning report calling for fund managers to publish 'all-in' fees
- Trump victory in US election drives investors to dump bonds Will sell-off turn into a rout?
-
I'm getting a poor return on my savings, how can I invest instead without taking too much risk?
Tips on how to invest
Sponsored - What will President Trump mean for your finances? Follow our guide to dealing with the Donald effect
- How you can bet on the markets like a Wall Street trader Commodities up on hopes Trump will boost manufacturing and fossil fuels
- MINOR INVESTOR What's the point in holding cash - and do you keep too much?
- The shares sharks getting rich preying on British savers We reveal the binary trading victims - and the ruthless salesmen they blame
- Would you like an expert's help with your investments and savings? Get ideas to improve your wealth in our Money Pit Stop
HOW TO RETIRE IN RICHES
How to invest your pension and live off it in retirement: A 12-step starters' guide - and the pitfalls to avoid
While many people dislike the idea of an annuity, the alternative means keeping your pension invested in retirement and managing it yourself - a process that can be confusing and full of pitfalls. So here's a checklist, from investing, to income, taxes, the state pension, inheritance, illness, financial advice and much else.
New state pension age: As we're all told to work longer, when will you be able to retire?
We explain the upcoming rule changes to the state pension age. Find out when you will be allowed to retire ...read ...read ...read
Why more families are going to court over inheritance: But our free guide can help avoid costly rows
Modern family dynamics are also causing more rows, with divorce, second marriages, stepchildren and half-brothers and sisters now common. The more extended the family, the more likely it is that arguments will arise. One of the most recent high-profile cases is a dispute over the legacy left by Lynda Bellingham, who starred in the Oxo adverts in the Eighties.
Are you ready to embrace income drawdown in the wake of pension freedom? Here's how it works and what schemes are available
Instead of being stuck with stingy annuities, retirees now have the freedom to dip into their pensions using income drawdown. These schemes allow you to take sums out of your pension pot while the rest stays invested. So what are the advantages and risks of doing this, and what schemes are on offer? We run through the main options now, and look ahead to what might become available in future.
Should you take the risk out of your pension investments before retirement? Six steps to help you decide
People nearing retirement traditionally switch savings out of risky investments and into safer assets, but pension freedom reforms are likely to prompt a big rethink of this practice. That's because derisking - or 'lifestyling' as it's also known - is normally done in preparation for buying an annuity, but many more people will be opting to stay invested an draw down an iincome in future.
The perks of being an olderpreneur: How to tap into your pension to fund a dream start-up - and make money after middle-age
The over-50s are the ones to watch when it comes to start-ups and new pension freedom rules mean an extra opportunity to tap into cash for business ideas. A recent report from the Global
Entrepreneurship Monitor highlighted this age group as being increasingly entrepreneurial. We explain the options and pitfalls of using your pension pot to fund a business. ...read ...read
...read
Making the most of your pension savings: What should you do with a retirement pot of £30k, £50k, £100k or £150k-plus?
Pension freedom reforms will give people more decision-making power over their retirement savings from next year. The options to access your money, spend or invest it will widen - although your choices will still largely depend on the size of your pension pot. Financial experts Mark Stone of Whitechurch Securities and Ben Westaway of Jessop Financial Planning explain both your opportunities and the limitations on them.
Got a work pension but don't have a clue how to invest your money? Here's your essential guide to start getting richer
Modern work pensions mean that your retirement income is your responsibility. You and your employer put money into your personal pot, which should grow over time to eventually provide a nice healthy sum. Clearly, that makes engaging with yours a good idea. We explain how to get started. ...read ...read ...read ...read
Looking to make a will? Make sure you're not taken for a ride by cowboy will writers
Are you at risk of leaving your family with nothing but legal bills because of a badly written will? Find out what your options are and how to guard yourself against an invalid will.
ASK A PENSIONS EXPERT
If I die and my husband remarries, how do I make sure my four kids inherit my money not their future stepmother?
I want to ensure that if I die before my husband he gets the money, but if he remarried and then died my half would end up with my children not any new spouse or her children. How can I safeguard so that any new wife would not reap the rewards of what we have built up and at some point my children will get something from my estate?
Can I dispute the will of a deceased relative? One family member persuaded her to rewrite her will in his wife's favour, kept her death a secret, held a shotgun funeral and cleared out her house before anyone else had been informed...
He suddenly kept turning up on my relative's doorstep prior to her death after ignoring her for years, redid her will to leave all assets to his own wife and appointed himself executor. By the time family members had been informed of the death, he and his wife had the house cleared out and all family items sent to an auction, and had a fast funeral with no announcement or attendees apart from him and his kids. We have no idea how much the assets were worth but there were valuable paintings, antiques and at least £50,000 in cash. Is this legal and what action can be taken?
Stock market losses are threatening my pension nest egg - should I cash in or switch up my investments?
I had £44,000 in shares, but in the last few months I have seen the amount go down by nearly £4,000.What advice would you give, as only my Neil Woodford shares are holding up. My Hargreaves Lansdown multi-manager portfolio, Royal Mail and Polar Capital Biotechnology shares are losing interest. Should I cash in, transfer to a building society or move the shares to somewhere else? I am recently retired, and these shares were my pension pot. ...read ...read ...read
Premium Bonds winners
Prize value | Winning bond No. | Area |
---|---|---|
£1,000,000 | 246AD564653 | Hampshire and Isle of Wight |
£1,000,000 | 244PR471632 | West Sussex |
£100,000 | 95QV191662 | North Yorkshire |
£100,000 | 200BA464300 | Hertfordshire |
£100,000 | 19RC263145 | Outer London |
£50,000 | 34FS057524 | North Yorkshire |
£50,000 | 247ZK817797 | Berkshire |
£50,000 | 233MD060953 | Northern Ireland |
£50,000 | 217DZ763847 | Surrey |
£50,000 | 122EE745522 | Gloucestershire |
£50,000 | 120EK701941 | Overseas |
More gems from Pensions...
- When do you think you will retire? The end of gold-plated pensions and lousy investment returns mean 70 is the new 60.
- What is pension liberation and how risky is grabbing your retirement pot early? Are they freedom fighters or fraudsters?
- Should you stick with a lifestyle pension or move your pot in case the bond bubble bursts as you approach retirement?
- Can I take my entire small pension pot as a tax free lump sum and leave my final salary scheme untouched? Answers depends on pension arrangements
- How to make the most of a smaller pension pot: Don't stand by as your nest egg is eaten up by low rates and inflation
Latest from Pensions
- My dad made my sister the co-owner of his house before he died - will I still inherit a share of it?
- Raising pension age to 70 blasted in new report highlighting UK's growing rich-poor divide among an ageing population
- New state pension age: As we're all told to work longer, when will you be able to retire?
- What you need to know about pensions in 2017: How Brexit, a threat to tax relief, and state pension age changes may affect you
- Must older married women wait for husbands to reach retirement age to get state pension? Steve Webb replies
- My mother is showing signs of dementia but her solicitor has power of attorney, what should I do?
- How to start 2017 in the best financial health: Pensions Minister RICHARD HARRINGTON offers saving tips
- Pensioners get their 2.5% rise: New state pension to climb to £159.55 a week and basic payout to £122.30 from April
- Would new pension protection rules stop a repeat of BHS? Why MPs want the 'nuclear deterrent' of huge fines to protect final salary schemes
- HMRC bungled my NI payments then stonewalled for months instead of fixing error, claims angry British expat
- Beware tax trap for families who inherit pension savings from old-style schemes
- What would you do with a 40-year retirement? How a longer life could mean another career... and a lot more saving
- 'I DOUBLED my pension money': How one man found out he deserved £19k a year - not £9.5k - after reading policy small print
- I had to forfeit my late wife's pension just because I remarried - how is this fair? Steve Webb replies
- The cheapest Sipps for a £200k pension pot revealed: Which? league topped by fixed fee providers