Inflation: why CPI might as well stand for Cutting Pensions Index
Inflation figures today demonstrate how important it is that millions of pensions remain linked to the Retail Prices Index (RPI) – despite the worst efforts of the Government. They also show why its...
View ArticleWhy millions of the poorest people in Britain pay £200m a year unnecessary tax
Millions of children, pensioners and other people with low incomes are paying about £200m a year tax unnecessarily on savings because fewer than one in 10 banks and building societies tell them they...
View ArticleSome pensions to rise by 20pc – but you may have to wait 14 months
Good news for pensioners in income drawdown schemes, which will enable them to boost their income by up to 20pc after rules are changed on March 26, may be offset by technical delays which will...
View ArticleNew regulator must stop insurers ripping off unwary pensioners
More than a decade after The Daily Telegraph began warning readers about the of buying the wrong annuity, the Association of British Insurers (ABI) is still struggling – and failing – to force its...
View ArticleCyprus banks euro tax bail-out is a small-scale smash-and-grab compared to...
Outrage about the Cyprus banks euro tax bail-out should not be allowed to obscure the fact that millions of savers in British banks have already lost much more of the real value or purchasing power of...
View ArticleNew fears about inflation as RPI is quietly downgraded
New fears about inflation and how official statistics may understate the rate at which the real value or purchasing power of money is being eroded are raised by the United Kingdom Statistics...
View ArticleMortage lenders fear wealth risks of Pensioners Up To Here In Debt or PUTHIDs
Pensioners Up To Here In Debt – or PUTHIDs – are one reason rising numbers of mortgage lenders are withdrawing interest-only homeloans. They fear that baby boomers keen to continue their live-now...
View ArticleCyprus: tax haven status turns into a trap for British pensioners
Cyprus encouraged many British pensioners to retire to the Mediterranean island with a fixed 5pc tax rate in retirement and the ability to receive British State and company pensions without deduction...
View ArticleHow unnecessary complexity robs poor savers of £200m a year
Hundreds of thousands of savers lose a total of £200m a year because of unnecessary complexity which means many bank and building society deposits are subject to tax when they should be tax-free....
View ArticleRetirement in the red: one in 10 pensioners worries about mortgage debt
More than one in 10 pensioners is worried about mortgage debt, according to the Office for National Statistics (ONS). As rising numbers retire in the red, should we worry about pensioners following the...
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