More than six million over-50s have no retirement savings, and will be forced to live on less than the minimum wage

Wed, 16 May 2012 12:30:43 GMT

The number relying on state support alone is forecast to spiral, as the over-50s cut back on their savings contributions, despite 43% saying they couldn’t live on the minimum wage.

UK pension income battered by eurozone crisis as annuity rates face fresh falls

Tue, 15 May 2012 23:30:24 GMT

Annuity rates, already under pressure from money printing, have had further pressure heaped on them by the renewed uncertainty stalking Europe's single currency, due to the link between gilt and annuity prices.

How much of £3bn unclaimed pension pot are you owed?

Mon, 14 May 2012 17:09:31 GMT

The pensions crisis has triggered a surge of enquiries from people who want to know the value of their retirement savings and where they have gone.

New state pension age: retirement dates and calculator

Fri, 11 May 2012 08:35:46 GMT

We explain the upcoming rule changes to the state pension age. Find out when you will be allowed to retire

Endgame for final salary pensions in private sector

Thu, 03 May 2012 15:44:35 GMT

The numbers with such retirement payouts will drop to less than one million for the first time, from more than eight million in the 1960s.

How dead insurance funds are holding on to your life savings for months on end

Wed, 02 May 2012 11:02:05 GMT

Thousands of pensioners are being deprived of as much as £11,000 each by ‘zombie’ insurance companies which hold their savings hostage for up to four months.

Your medical condition could mean a higher pension, says MGM Advantage

Mon, 30 Apr 2012 13:23:25 GMT

Some 60 per cent of people aged 55 and over have had treatment for conditions that could qualify for an enhanced annuity - including such common ones as high blood pressure and high cholesterol.

Arck LLP: Is my £96,000 pension on a slippery ski slope?

Mon, 30 Apr 2012 09:32:40 GMT

I invested in four Sale & Repurchase contracts for property in Canada. Two contracts were due to mature in 2009 and two in 2010. An email confirmed that redemption was ‘imminent’. I have rung the company since then, but to no avail.

End of the Giro cheque: Now elderly told to collect pension from local shops

Sat, 28 Apr 2012 08:12:41 GMT

Pensioners have this week received letters from the Government telling them Giro cheques will be scrapped. The move means the end of queuing to collect benefits from a post office.

Pension schemes given longer to plug shortfalls as regulator confirms havoc wreaked by QE

Fri, 27 Apr 2012 11:44:41 GMT

The Pensions Regulator made the concession in response to calls from business that record low gilt yields have wiped out the extra contributions made to rectify pension deficits.

Almost half of today's over-50s will be forced to work until 77, warns report

Wed, 25 Apr 2012 16:01:06 GMT

The Pensions Policy Institute warned that 45 per cent of workers aged 50 and above will have no option but to stay in their jobs for 11 years or more beyond state pension age.

Standard Life offers special pension payouts worth thousands to 40,000 customers

Wed, 25 Apr 2012 15:37:19 GMT

The offer is only available to retired savers eking out a steady income from a Standard Life pension still invested in the stock market.

Struggling employers get lifeline on pensions as funds crisis forces regulator to take action

Sat, 21 Apr 2012 15:43:39 GMT

A financial lifeline will be thrown this week to about 350 companies struggling to fund deluxe final salary pension schemes against the backdrop of a faltering economy.

Workers abandon 'failing' pensions for Isas to avoid 'forest of regulation'

Fri, 20 Apr 2012 07:40:25 GMT

The latest figures from the Office for National Statistics show Britons put £22.9billion into a pension in 2009 – a decrease on £24.9billion in 2008 and £25.6billion in 2007.

MPs say pensioners and savers 'should be compensated for income destroyed by QE

Wed, 18 Apr 2012 10:36:24 GMT

Since so-called quantitative easing began three years ago, campaigners have highlighted how older people have become the sacrificial lambs of the Bank’s emergency rescue policy.

Why did Aviva change the amount on my annuity deal without me agreeing to it?

Wed, 18 Apr 2012 10:23:09 GMT

We received an annuity quote from Aviva which I accepted. However, it then changed the deal without consulting me first, meaning my annual pension sum is now lower.

Council tax bills could leap to fund £54bn pension deficit 'ticking time bomb'

Fri, 13 Apr 2012 12:38:08 GMT

Britain is sitting on 'a ticking time bomb' created by the generous pensions enjoyed by council workers, a report warns today.

Income drawdown pension payouts to plummet by up to 60%

Wed, 11 Apr 2012 08:27:25 GMT

Tens of thousands of retired savers already drawing a pension will suffer a crippling drop in income over the next 12 months, Money Mail can reveal.

Plans for 'defined ambition' company pensions to replace disappearing final salary schemes

Tue, 10 Apr 2012 14:28:47 GMT

Plans for a new type of guaranteed pension to fill the gap left by the decline in final salary schemes are being drawn up by the Government.

State pension credit cuts: Two million face cuts to vital benefits - so what was the point of saving?

Tue, 10 Apr 2012 08:32:31 GMT

Savage cuts to Pension Credit for pensioners who saved for their retirement have all but wiped out what Chancellor George Osborne boasted was the ‘largest-ever cash increase’ in the state pension, which takes effect this week.

Treasury considers taxing state pensions at source in 'Mark II Granny Tax'

Tue, 10 Apr 2012 07:17:19 GMT

More misery lies ahead for older people under plans to tax the basic state pension at source in a proposal that has been labelled the 'granny tax 2'.

Aviva data blunder sees thousands of policyholders sent the wrong payout details

Sun, 08 Apr 2012 08:34:57 GMT

Aviva has asked customers to destroy or return the misdirected letters, which reveal sensitive data such as the annual bonus paid out on each policy and the amount that the individual can expect to receive on retirement.

State to fund ENTIRE old age income of one in six people retiring this year

Thu, 05 Apr 2012 21:12:06 GMT

One in six people retiring in 2012 will quit work without any form of pension saving. They will instead depend almost entirely on state - which will pay a basic £107.45 a week from this Thursday 6 April - to fund their old age.

The last of the baby-boomer generation who face a gloomy future - thisismoney.co.uk/taxpetition

Thu, 29 Mar 2012 11:39:34 GMT

As millions approach their 65th birthdays, the pensions of the baby-boomer generation are being wrecked by attempts by the Treasury and the Bank of England to get the UK economy on track.

Pension age 'could hit 80' for babies born this year in ANOTHER Budget raid

Fri, 23 Mar 2012 15:53:52 GMT

It has been revealed that a stealthy Budget cut will link the state pension age to soaring life expectancy.

If you're 50 and planning for retirement, beware of 2027, the pension apocalypse

Wed, 21 Mar 2012 09:40:26 GMT

Britain’s ticking pensions timebomb will finally explode in 2027, research for Money Mail reveals. It means a generation of Britons born in the Sixties face a race against time to save for their golden years.

'Advice apartheid' set to hit savers' pensions as new rules may mean poorer pensioners are priced out of market

Sun, 04 Mar 2012 15:34:35 GMT

Savers with more modest pension funds – worth less than £50,000 for example – could find themselves priced out of the market and left with lower incomes in retirement.

Savers reject pensions in favour of 'simple' Isas by diverting billions of pounds

Sat, 03 Mar 2012 09:27:20 GMT

Experts said the booming success of Isas is down to their simplicity and warned that Britons' loss of faith in pensions is fuelling a 'ticking timebomb'.

With-profits pensions: Retirement plans shattered by plunging payouts

Wed, 29 Feb 2012 11:00:58 GMT

Those reaching pension age now are getting £4,975 less a year than an identical saver who retired five years ago, Money Mail research has revealed.

ASK TONY: Seven-month pension delay which left me in dire straits

Wed, 15 Feb 2012 11:35:27 GMT

I had to exist solely on my State pension every four weeks because my Hackney Council pensions were not paid. I made it clear to pension administration firm Capita I was in dire financial straits, but both parties blamed each other.

Pensions under siege as Bank of England rescue plan leaves a million savers facing poverty

Wed, 15 Feb 2012 08:59:33 GMT

Every day, 1,500 people are forced to take a retirement income which has been lowered because of the policy called Quantitative Easing, or QE.

I pay tax on my pension - do I have to pay tax on my income of less than £10,000 a year?

Tue, 07 Feb 2012 13:40:52 GMT

I am a pensioner and pay tax on my pension. I have a small income of less than £10,000 a year, do I have to pay income tax that as well?

Why am I still paying National Insurance on my army pension?

Wed, 25 Jan 2012 14:27:38 GMT

Since my 65th birthday, Xafinity Paymaster has been deducting £21.02 per month from my Armed Forces pension under what it says are National Insurance modification rules.

Why has my annual pension income been cut by £2,500?

Wed, 18 Jan 2012 10:50:15 GMT

Last month, Scottish Equitable told me my annual pension income will be reduced from £4,824 to £2,280. What's happened?

Why is my late wife's tax-free £35,000 being targeted by HMRC?

Wed, 04 Jan 2012 11:50:30 GMT

In March my wife invested £35,000 in an account with Close Brothers. She was a non-taxpayer. Sadly, she passed away on August  6. Now, the HMRC have cancelled her non-taxpayer status.

Aviva asked for a £50 cheque to put into my private pension - but it has vanished

Wed, 21 Dec 2011 10:10:10 GMT

Aviva wrote to me in February to say they could not take direct debits at that time and could I pay by cheque, so I sent £50 - but it appears to have vanished.

I'm getting divorced after 15 years, will my wife get a share of my whole pension?

Wed, 26 Oct 2011 12:13:49 GMT

I am getting divorced after 15 years of marriage. Is my wife entitled to a share of my pension which I have paid into all my working life?

Q&A: What does the six month state pension age reprieve mean?

Wed, 26 Oct 2011 10:12:32 GMT

Thousands of women have been handed a massive financial bonus after a reprieve from the Government over the raising the state pension age. We take a look at the implications.

How do we claim our UK state pension if we emigrate to Australia?

Fri, 21 Oct 2011 10:34:28 GMT

My wife and I are a few years from retirement and are emigrating to Australia. How do we go about claiming our state pensions from Down Under?

Can you tell me what happens if an annuity provider defaults?

Wed, 14 Sep 2011 11:32:46 GMT

I've retired for nine years and have a few annuities with Aviva and Canada Life. I am aware of the Government compensation scheme for savers if the savings provider goes bust.

A £140 state pension, public sector strikes and crashing incomes: What on EARTH is happening to our pensions?

Fri, 01 Jul 2011 13:29:26 GMT

From strikes over public sector pension changes to a new £140 a week state pension - we take a look at what the future holds for Britain's pensions

How to combine pension pots

Fri, 10 Jun 2011 14:11:23 GMT

Combining pension pots built up in different jobs could make real financial sense

Sipps: How to find the cheapest Sipp plan

Thu, 09 Jun 2011 16:22:23 GMT

A guide to finding the cheapest Self-Invested Personal Pension (Sipp): Questions you need to ask and a list of low-cost providers