retirement

Pensions committee investigates why WASPI complaints are being closed ahead of state pension age judicial review

The parliamentary Work and Pensions Select Committee is investigating why complaint cases from women affected by state pension age changes have been closed ahead of a judicial review. 

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Care home provider Care UK faces legal action after refusing to pay customers £3 million in compensation over 'misleading' fees

Care UK, one of the UK’s largest care home providers, is refusing to pay £3 million in compensation over claims it ripped off customers.

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Historic rise in state pension age could cost people up to £8,000

The state pension age is rising today for millions of people, potentially costing them thousands of pounds.

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Tower of London's Beefeaters could go on strike over pension scheme closure

Historic Royal Palaces staff including Beefeaters and Jewel House Wardens could go on strike over proposed closure of their final salary pension scheme.

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Unjustified funeral price hikes for vulnerable people trigger 'major' funeral market probe

The competition watchdog the Competition and Markets Authority (CMA) says consumers have been subject to above-inflation price hikes for over a decade.

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UK state pension should be means tested, says International Monetary Fund

The International Monetary Fund (IMF) has called on the UK government to consider means-testing the state pension.

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Probate fee hike for bereaved families is an "abuse of power" says accountancy institute

The intention of the Ministry of Justice (MoJ) to increase probate fees for bereaved families is an abuse of the government's constitutional power says the Institute of Chartered Accountants in England and Wales (ICAEW).

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BBC warns unless over-75s pay for a TV licence it may have to "fundamentally change" with cuts to service

The BBC says it may have to cut services unless over-75s start paying the licence fee, as it launched a consultation on the matter.

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Final salary scheme members seeking transfers told to expect delays after High Court ruling forces Lloyds to increase benefits for women

Final salary scheme members wishing to trade their guaranteed income for a cash lump sum are being warned to expect delays following a recent ruling in the High Court.

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Three quarters of over-55s risk a poorer retirement because they don't know smoking and bad health can RAISE annuity payments

Retirees are at risk of receiving lower rates when purchasing annuities because the vast majority incorrectly believe disclosing health conditions will reduce the income they can receive.

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