The coronavirus pandemic prompted British Airways to speed up the scrapping of its 31-strong 747 fleet. And the first of its last remaining jumbos to be retired was pictured taking off from Heathrow Airport today on its final journey. It flew empty to Spain – where it will be scrapped. The aircraft, flying under flight number … Read more
A retirement village in New Zealand has been put into lockdown over fears of an outbreak of coronavirus, just days after the nation celebrated 100 days without any cases. The Village Palms Retirement Community in Christchurch said eight residents were displaying flu-like symptoms and had prompted the sudden lockdown. A letter was sent out out to … Read more
Senior civil servant’s £500,000 retirement pay-off sets new Whitehall record for the most money pocketed by a mandarin in a single year Clare Moriarty, 57, has retired after 35 years working across the Civil Service Has been Permanent Secretary to Defra and Department for Exiting the EU Landed redundancy payment of over £300,000 on top of … Read more
Government urged to axe rip-off retirement home fees in small print as crackdown is delayed There are hidden fees for selling a deceased relative’s retirement home Many retirement property firms are taking between 1% and 30% of the proceeds Charity Age UK is calling for the fees to be scrapped altogether By Sarah Bridge for … Read more
Bachelor In Paradise’s Jake Ellis announces his retirement from the dating franchise after THREE failed attempts at finding love By Kylie Walters For Daily Mail Australia Published: 05:50 BST, 23 July 2020 | Updated: 05:50 BST, 23 July 2020 He’s enjoyed three stints on the Bachelor franchise, but Jake Ellis’ on-screen legacy has finally come … Read more
Keir and loathing for Labour leader as supportive union boss’s early retirement sparks fears his replacement may undermine him Unite’s Len McCluskey is to depart a year before his term in office was due to end The union has put increased pressure on Sir Keir Starmer since taking the reins Potential successors have warned they … Read more
The coronavirus pandemic could force one in five people to delay retirement, as the knock-on financial crisis damages pension savings. The impact is causing many to rethink plans, even younger workers who have plenty of time to recover investment losses, according to an Aegon study. Separate research found half of all workers say the financial … Read more
VICTORIA BISCHOFF: Just how many women have been short-changed in retirement as a result of government errors? By Victoria Bischoff for the Daily Mail Published: 22:01 BST, 26 May 2020 | Updated: 22:01 BST, 26 May 2020 It is shameful that retired women are being forced to fight so hard to get the state pension … Read more
CVS and the United Parcel Service (UPS) will use drones to deliver prescription medication to residents in a Florida retirement community that is under lockdown due to the coronavirus. Starting on May 4th, those living in The Villages will receive their prescriptions from a Matternet’s M2 drone. The drones will drop off orders at a … Read more
Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance. But … Read more