Reality stars have been criticised for allegedly exploiting money worries to peddle ‘get rich quick’ schemes to fans amid lockdown. Instagram is rife with self-proclaimed ‘bedroom traders’ who claim to earn a fortune speculating on foreign currencies, or ‘forex’. They post dazzling images of expensive cars, wads of cash and glamorous foreign trips to reel … Read more
Regulators are pressing workplace pension schemes to scrutinise costs more closely to ensure staff are not over-charged. They propose tightening up rules on assessing value for money, including laying down standardised tests on charges and costs, investment performance and quality of service. Some independent governance committees, which are meant to represent the interests of people … Read more
Seven in 10 dentists will go BUST by August unless Treasury acts now: MPs back desperate plea for financial aid Dental practices across the country were ordered to close their doors when the UK lockdown was imposed in March in response to the coronavirus pandemic Many are not eligible for any of the Government’s financial … Read more
Double blow for borrowers as furlough scheme and mortgage holidays come to an end By Daily Mail City & Finance Reporter Published: 21:51 BST, 6 May 2020 | Updated: 21:51 BST, 6 May 2020 Thousands of homeowners who have taken a mortgage repayment ‘holiday’ because their finances were squeezed by the coronavirus could receive a … Read more
Hundreds of thousands of self-employed workers missing out on support under Government’s coronavirus aid scheme By Daily Mail City & Finance Reporter Published: 21:50 BST, 17 April 2020 | Updated: 22:19 BST, 17 April 2020 Hundreds of thousands of self-employed workers are missing out on support under the Government’s coronavirus aid schemes. The Self-Employment Income … Read more
NHS heroes returning to help fight coronavirus being targeted by firms promoting tax dodging schemes By James Salmon for the Daily Mail Published: 21:50 BST, 1 April 2020 | Updated: 23:16 BST, 1 April 2020 Heroic doctors and nurses returning to help fight coronavirus are being targeted by rogue firms promoting aggressive tax avoidance schemes, … Read more
I am 60 later this year and as a deferred member of the NHS defined benefit 1995 scheme I am entitled to claim my mandatory 25 per cent lump sum and receive a monthly pension. There is no benefit to delaying taking these sums. I have worked in the private sector for the last 19 … Read more