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Learn More About Accessing An Old Pension You No Longer Pay Into & May Not Be Aware You Have......
According to new data from HMRC, a total of 264,000 savers withdrew £1.9 billion from their pensions during the last quarter (Q4) of 2018 - up 26 per cent on the same period the previous year. However, the research found the amount that was getting withdrawn from a pension had…
From the 15th May 2019, pensioners who live together as a couple will only be able to make a new claim for pension credit if both partners are over the state pension age – a change which could cost some £7,000 per year.
As of 9th January 2019, companies that make unsolicited phone calls concerning peoples’ pensions may face enforcement action, including fines of up to £500,000.
A quarter of a million NHS staff has decided to opt out of their pension scheme due to growing fears that they cannot afford to pay into it. This figure is five times higher than that recorded by any other public pension fund.
According to recent data released from UK Finance, remortgage approvals were 20.3 per cent lower than the same month in 2017.
Over 156,000 pensioners using invest-and-drawdown do not have a buffer of cash to rely on should the markets drop.
The Financial Conduct Authority (FCA) has stated they are disappointed in how mortgage lenders are treating those vulnerable borrowers in arrears and reported on the key issues.
Between August and October 2018, over 173,000 people visited the Financial Conduct Authority’s (FCA) ScamSmart site – an average of 3,145 people each day, or one person every 27 seconds. This figure has increased five-fold (462%) from before the launch of the joint campaign by the FCA and The Pension Regulator…