Pensions news from around the web

My mother is leaving her house to one sibling and cash to the rest

There will be little or no cash when she passes and my brother advises he will keep the house, leaving little to be shared as she wishes – what can I do? Lawyer Carla Brown, pictured, replies.

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500,000 UK nationals living in the EU could have their pensions frozen

The Department for Exiting the EU has published an 11-page policy paper on the government’s plans to protect the 1m UK nationals living in the EU and the 3m EU nationals living within the UK.

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Millions born from December 1953 onwards braced for state pension age rise

People celebrating their 65th birthday from tomorrow will have to wait longer to claim their state pension, as delays now kick in for men as well as women.

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Could a retirement mortgage help you stay in YOUR home?

In March, banks and building societies were given the green light by the City watchdog to offer loans to people of any age, with no end date. Since then, 13 lenders have launched new deals.

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VICTORIA BISCHOFF: Funeral directors exploiting the bereaved are profiting from grief

Before my mum died she asked if I would lay her to rest in a ‘white princess coffin’. So when I sat in front of the funeral director and he quoted more than £1,000 to order one in, I didn’t flinch.

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Damning report reveals how grieving families face a funeral fee postcode lottery

In the worst cases, the difference between the cheapest and most expensive funeral directors in the same town, or even the same street, can be as much as £2,300, research reveals.

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Half a million more low paid workers could be denied pension tax top-ups

The number of workers affected is set to swell next year due to pending tax changes, and the ‘lottery’ of what type of pension scheme their employer has chosen, say experts.

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First pensions dashboard could be here next year, says Government

The dashboard project, long planned by the pension industry, received personal backing from Theresa May last week – following concerns that at one point the initiative was almost killed off.

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Call to ‘shop around for funeral’ as sector faces major shake-up

The Competition & Markets Authority confirmed it would be launching a probe into the funerals industry, amid concerns that the cost is rising at three times the rate of inflation.

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Can a pension scheme reduce a widow’s payouts because she’s younger?

I have been informed that as my wife is more than 10 years younger than me (I am 57 and she is 40) her widow’s pension will be reduced by around 2 per cent for each year greater than 10.

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How much do YOU need to squirrel away for a golden retirement?

The amount most are putting away – no more than five per cent of a slice of their earnings – will not result in financial bliss, you need at least 13% or more. These are the tricks to get there.

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From biofuel to forests in Brazil: The toxic investments that rip off pension savers

The risky investments have been made through self-invested personal pensions, better known as Sipps. These arrangements are more flexible than traditional workplace schemes.

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Nine out of 10 of the under-40s have the savings habit

Nottingham Building Society said its survey of younger people revealed them to be ‘disciplined and regular savers’, with those who are saving and investing putting away £370 on average a month.

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Five tips can help you avoid fraud, says Pensions Minister GUY OPPERMAN

Nine out of 10 people feel feel confident in their ability to avoid scams after a Pension Wise appointment. Pensions Minister Guy Opperman explains the five tips that can help protect your pot.

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We have been ripped off by Easylife, too! More shoppers hit out at catalogue retailer

Ros Webb used the Easylife catalogue to buy a £10 cushion for husband Cyril who has arthritis. But soon after saw she had been debited £69.95 for motor club membership.

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