Some friendly competition is a surefire way to kick off the weekend and this Friday's pub quiz is the perfect opportunity.
16.03.2023 - 23:05 / ok.co.uk
Martin Lewis has issued a warning to the millions of people across the UK who are paying into a pension. Many people across the country pay into a pension, either through their workplace or privately, to boost their income on top of the state pension in later life.
Some people assume that they can leave any money accumulated in their pension pots to a loved one in their will. However, this is not the case – as the consumer champion told viewers on The Martin Lewis Money Show Live earlier this week.
Martin told viewers that the only way to ensure that your pension goes to the person or people of your choice after your death is to complete an ‘Expression of Wishes’ form with your pension provider, which will nominate who you want your pension to go to if you pass away. The financial journalist said: “You can’t put your pension in your will.” He continued: “If you want to leave your pension to someone, get on to your company or private pension and fill out an ‘Expression of Wishes’ or ‘nomination’ form which tells the trustees or tells the company who you want your pension assets to go to if you die.” He also urged viewers to check if their wishes are up to date, even if they have completed a form in the past, especially if their relationship status has changed in that time.
He said: “Make sure it’s up to date - you don’t want to leave it to your ex-husband or ex-wife if you don’t want the money to go to them anymore. So, that’s an important thing to look at too.” The discussion was part of a show covering what Martin calls ‘the three Ds’: death, divorce and dementia, where he urged viewers to get their financial affairs in order to protect themselves and their family, should the worst happen to them.
Some friendly competition is a surefire way to kick off the weekend and this Friday's pub quiz is the perfect opportunity.
Energy companies seem to be making a move towards fixed energy tariffs to allow cheaper options for consumers.
it was announced he'd sadly passed away on 28 March. Paul, famed for hosting shows such as The Paul O’Grady Show, Blankety Blank and For The Love Of Dogs, "unexpectedly but peacefully" died on Tuesday, his partner Andre Portasio announced in a statement. Fans and fellow famous faces have flocked to social media to pay tribute to the late star, with the likes of Lorraine Kelly and Martin Lewis leading tributes.
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Numerous celebrities have shared heartfelt tributes to late TV presenter Paul O'Grady after it was announced he'd sadly passed away on 28 March. Paul, famed for hosting shows such as The Paul O’Grady Show, Blankety Blank and For The Love Of Dogs, "unexpectedly but peacefully" died on Tuesday, his partner Andre Portasio announced in a statement. Fans and fellow famous faces have flocked to social media to pay tribute to the late star, with the likes of Lorraine Kelly and Martin Lewis leading tributes.
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Martin Lewis is urging the millions of people in the UK who receive a regular payslip to check it straight away as they could have lost out on thousands.
Martin Lewis is urging households up and down the country to check if they are eligible for a Council Tax discount before the new financial year begins on April 6. While Council Tax band evaluations differ in Scotland, England and Wales, the various ways to qualify for a discount are mostly the same.
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Martin Lewis has shared essential advice for anyone unable to get through to the Future Pension Centre to buy missing National Insurance (NI) years in order to boost their State Pension entitlement. The UK Government recently extended the deadline from April 5 to July 31 due to a surge in demand for the service and has frozen the prices of each year.
As we enter a new tax year, many things are due to go up in price, including taxes for cars, vans, and motorbikes.
Flying is set to become more expensive for Brits next year as Chancellor Jeremy Hunt announced in the budget that Air Passenger Duty (APD) would rise in line with inflation. The increase will hit passengers on domestic and long-haul flights the most, although short haul international rates will remain frozen.
Martin Lewis has pointed out a vital change to pensions that was not mentioned in the Spring Budget.
Drivers have been issued a warning as they should "never" allow their car insurance to auto-renew. It comes as rates could skyrocket by as much as 20 per cent, according to experts.