New Pensions Minister takes up Treasury / DWP joint role

Labour MP Emma Reynolds has been appointed as the new Pensions Minister in a joint ministerial role working across both the Treasury and the Department for Work and Pensions (DWP).

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Steve Webb: taxpaying pensioners now the norm

 

For British pensioners, paying income tax is now the norm rather than the exception, according to former pensions minister Sir Steve Webb.

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Young risk pension poverty with ultra-long mortgages

More than 1m mortgages taken out in the past three years extend beyond the borrower’s state pension age, prompting fears that young home buyers are gambling with their retirement income.

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58% of pension pots cashed out in full

More than half of pension pots are being cashed out in full as fewer people seek professional guidance, new figures from the FCA have revealed.

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