Page 280 - Pensions News Today

Pensioner Polly Bamber, 68, from Blackburn, Lancashire, is stuck in Turkey with mounting medical bills after a bout of ill health since Christmas. Her family are appealing for help

The pension freedoms, which came into force from 2015, gave over-55s a range of options over how to use their defined contribution (DC) pension pot.

When the pandemic hit, and the world shut down, Malaysians were largely left to fend for themselves.

People who have been dead for years, car owners, landlords, and govt employees were all paid Aasara pensions meant for the poor and the needy in Telangana.

Spending wisely saves lives, says Fleet Street Fox. Wasting billions on PPE deals with your mates does not.

Sales of retirement annuities reached a post-pension freedoms high last year, according to the Association of British Insurers

When the pandemic hit, and the world shut down, Malaysians were largely left to fend for themselves.

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In the Autumn Statement last year, Chancellor Jeremy Hunt confirmed that state pension payments will increase by 8.5% from April 2024 giving pensioners an extra £900 over the year

Budgeting to £246 – for the minimum standard of retirement – proves taxing