Grandparents 'throwing away' pension perks; who to trust on money; and a mis-selling scandal 'mastermind' - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
A million grandparents throwing away pension perks worth up to £5,000 Only a small percentage of grandparents eligible to top up their state pension for free are doing so - meaning the great majority are missing out on up £5,000 at retirement, according to this Telegraph article (and a fair few others across the financial press this weekend). The piece says the government's ‘specified adult childcare credit' scheme means grandparents who have not yet reached state pension age, but look after children under the age of 12 while their parents work, can claim National Insurance credits tow...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
