Annuity sales practices failing pensioners, says FCA
Annuity providers aren't doing enough to encourage customers to check if they can get a better deal elsewhere
11 December 2014
Tax break for some annuity holders: Autumn Statement 2014
Under 75s who die having started to draw an income from some annuities from April will have cash passed on tax-free
3 December 2014
New standards for pension providers to be introduced
Pension providers will be required to check whether or not customers buying their products have already taken guidance
27 November 2014
Do you have a lost pension? Get hunting - one MoneySaver found £39,000
A slice of up to £3 billion worth of 'lost' pensions could be yours – and most are easy to trace and reclaim
6 May 2014
Budget 2014: Radical reforms to give greater access to pensions savings
Pension savers will have the option to gain immediate access to their pot at non-punitive rates from age 55
19 March 2014
Pensions firms face competition probe over annuities
The FCA is to investigate the annuities market amid concerns it's depriving many pensioners of a fair retirement
14 February 2014
'Murky' pension practices to be tackled
Retired workers will be able to 'shop around' for new annuity schemes, pensions minister Steve Webb has said
6 January 2014
Annuity rules need tightening to stop rip-offs, report warns
Pensioners face being ripped off when investing in annuities unless rules are tightened urgently, a report warns
9 December 2013
Equitable Life victims to get compensation early
Victims of the Equitable Life scandal will receive £5,000 in compensation a year early, the Government has announced
10 September 2013
Annuities code to protect retirees begins
A new code of conduct for annuity providers has been launched today
1 March 2013
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Iceland now offers interest-free loans if you're struggling with the cost of living - but be careful as they will impact your credit score19 August 2022Iceland has begun offering interest-free loans of up to £100 to those struggling with the cost of living, with the money to be used on your Iceland shop. But - as with any borrowing for everyday living expenses - be careful as you may get stuck in a cycle of debt.
19 August 2022Transport services across the UK are to be disrupted again this month with thousands of rail workers due to walk out on Friday 19 and Saturday 20 August.
Energy price cap standing charges will continue to include the cost of supplier failures, as Ofgem rules out changes18 August 2022Energy regulator Ofgem has decided against moving the cost of supplier failures out of the standing charges for gas and electricity and recovering it through the unit rates instead. MSE founder Martin Lewis has been calling on Ofgem to shift the burden in the price cap away from the standing charge, to ensure those who cut down their use see a real impact in their bills.
18 August 2022Holidaymakers affected by Dream World Travel going bust in July may still be able to travel as planned. For those who can't, you may be able to claim a refund via a new claims portal set-up by the aviation regulator.
18 August 2022We've the latest on the testing and self-isolation rules for travellers visiting popular destinations abroad, plus full refund and insurance rights for overseas and UK travel.
9 August 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.
11 July 2022Update 17 July 2017: We tend to think since Brexit that the pound’s weaker than it has been for decades. While somewhat true against the dollar, against the euro it’s only a tad worse now than when I first wrote this in 2014. The logic of this blog stands just as strongly now. On the Spanish-English website...
5 July 2022
Clever ways to calculate your finances