Latest articles from Amy Austin

Over-50s alter retirement plans in response to Covid-19

News On the Go

On the go: One in eight older workers have changed their retirement plans due to the coronavirus, according to the Institute for Fiscal Studies, which warned that a third are now in a worse financial situation than they were in before.

PM urged to show leadership in fight against scams

News On the Go

On the go: Prime Minister Boris Johnson has been pressed to take an interest in the ever-growing pension scams issue to stop it becoming a “national scandal”.

Govt confirms triple lock boost despite scepticism

News On the Go

On the go: The government has confirmed it will maintain the triple lock and increase the state pension in 2021-22, despite suspicions it would be scrapped due to Covid-19.

Covid-19 sees schools pull out of Teachers’ Pension Scheme

News On the Go

On the go: Covid-19 has prompted a number of private schools opt out of the Teachers’ Pension Scheme as they look to avoid a significant hike in contributions.

Fraction of pension scams investigated by police

News On the Go

On the go: Just 7 per cent of reported pension scams were passed on for police investigation last year, Quilter has found, as it pressed for changes to legislation to prevent scams.

Women state pension claims dismissed in appeals court

News On the Go

On the go: The Court of Appeal has backed a previous High Court judgment and rejected claims that the increase in the state pension age affecting women born in the 1950s was discriminatory.

Half of pension transfers trigger scam warnings

News On the Go

On the go: More than half of pension transfers carried out post-lockdown have flagged scam warnings, research from XPS Pensions has shown.

Timms: Change in law needed to combat scams

News On the Go

On the go: Work and Pensions Committee chair Stephen Timms has warned changes in the law will be needed in order to tackle the growing issue of pension scams.

Calls for govt to change transfer rights to halt scams

Pension regulators should be given the power to override people’s statutory right to transfer should a suspected scam be reported to them, according to a think tank.

Mere 4% of advisers appointed by DB schemes

News On the Go

On the go: Trustees of defined benefit schemes have been encouraged to work with a wider range of financial advisers as it emerged only 4 per cent have been appointed by a scheme.