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Pensions & retirement

Bid to stop fraudsters attacking your pension revealed

The introduction of pensions freedoms is to be probed by MPs amid fears savings are being plundered by fraudsters. An inquiry launched by Parliament’s Work and Pensions Committee will scrutinise...

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Pension funds forced to disclose hidden costs

Firms managing money on behalf of workplace pensions will be required to tell scheme administrators how much they’ve spent trading assets, according to new rules published today by City watchdog...

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Pension Awareness Week: tracking down my lost pension

The average person will hold about 11 jobs in their lifetime, while it’s estimated that four out of five people don’t know where at least one of their pension pots...

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Retiring later: average Brit now working beyond state pension age

Both men and women are increasingly staying at work beyond the state pension age, official figures show – but how much do you need for a comfortable retirement? Data published...

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Ask an expert: ‘I receive a ‘bridging’ pension as I took early retirement. Can I have more than one?’

Every week, Which?’s money experts answer your financial queries. You can submit your questions to money-letters@which.co.uk, or via our Facebook or Twitter pages. Q. At the age of 50, I...

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Inflation set to hit pensioners especially hard

Retirees will be particularly hard by soaring inflation in coming years, new research from Which? Money has revealed. We’ve looked beyond the headline rates of inflation to identify the particular...

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Pension cold calls to be banned in bid to beat scammers

Pensions-related cold calls, emails and text messages are to be banned as part of tough new measures aimed at protecting people’s savings from scammers, who have stolen more than £40m...

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Exclusive: grieving relatives paying for care weeks after death

Which? Money research has found that care homes are demanding payment for up to four weeks after a resident has died, leaving grieving relatives facing a hefty bill for care...

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Private pensions give £10,000-a-year boost in retirement: five ways to maximise yours

People who have saved into a private pension are better off to the tune of £10,000 a year on average, according to a new study carried out by the Office for...

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HMRC repays £26m in overpaid pension tax: how to claim it back

Over 55s who overpaid income tax when they withdrew money from their pension savings have been refunded more than £26m in just the past three months, new figures from HMRC...

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