ALMOST one million workers with multiple jobs are missing out on pension contributions from their employers. Bosses have had to automatically enrol staff into pension schemes since October 2012 to get workers saving for their retirement. However, you must earn at least £10,000 per year from a single employer to be automatically enrolled onto the scheme. It means workers with several jobs that each pay less than the threshold don't qualify for auto-enrolment, even if their total earnings are above this. Anyone earning less than £10,000 can still ask to put onto a scheme, but only those who earn more than £6,240 have to get the top-ups. Almost half of workers with more than one job earning under the £10,000 threshold aren't currently enrolled into a workplace pension, according to new analysis by Scottish Widows. What are auto-enrolment pensions? AUTOMATIC enrolment is a government scheme to help more people save for later life through a pension scheme at … [Read more...] about Pension loophole hits 1million workers with more than one job – how to fix it and get £1,000s extra
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Matt and Jade Whitehouse are in desperate need of help as their costs spiral uncontrollably. The couple, who have two young children and live in Solihull, have wracked up £7,000 in "dangerous" credit card debt but have refused to confront the problem for years. "It's super awkward to talk about money. I hate it, it makes me cringe," admits Jade. "I just want to hide away when I think about money. It's our one flaw in the relationship. One chink in our armour." The husband and wife spend a whopping £400 a month on clothes and describe themselves as "best friends", but were completely unaware they were both forking out for Amazon Prime subscriptions. After cooking the kids' meals they regularly get takeaway just for themselves because they're too tired and spend a staggering £300 a month on fast food. Matt is a football coach for Coventry City youth team, while Jade works in a restaurant and is qualified to teach baby yoga. Unfortunately, their earnings were hit hard … [Read more...] about Reckless couple with £7,000 debt buy takeaways for themselves after feeding kids
VIRGIN Media broadband was down for thousands of customers this morning as households struggled to get online. More than 2,200 people reported issues with their broadband at around 8am, according to outage complaints tracker DownDetector . Virgin Media told The Sun that only customers in the South West were affected by the issue, adding that the issue had been fixed before 10am. It comes as millions of Brits still continue to work from home due to Covid restrictions. Virgin Media has around 6.1million broadband customers signed up to its service. Around 76% of the complaints were down to cable internet issues, 18% were about mobile internet problems, and 4% were about TV issues. Many customers took to social media to complain. One said her internet, TV and "every other device" in her house wasn't working due to the crash. "Paying £150 a month to have this happen regularly isn’t acceptable!", they said. Another tweeted they were suffering "constant outages" … [Read more...] about Virgin Media outage hit thousands of broadband customers
A VIRGIN Media broadband outage today left thousands of customers unable to get online. The network provider has since told The Sun its broadband is back up and running and that the outage lasted around 15 minutes. But it wasn't fixed before disrupting customers' work as millions rely on the service to work from home under coronavirus lockdown restrictions. Issues with the internet provider began around 10:30am this morning, according to complaints tracker Downdetector. Up to 1,700 customers complained about the service, which mainly impacted users primarily in the south of England. Households in London appear to have been the worst affected, as well as those in Cardiff, Cambridge, Brighton and Norwich. Can I get compensation if my broadband cuts out? BROADBAND and home phone customers can get automatic compensation from providers for service or engineer visit issues. These payments are automatic, although had been paused in March 2020 due to the … [Read more...] about Virgin Media broadband outage left thousands working from home unable to get online
STATE pension payments will be something you receive if you've reached a certain age in later life. The state pension is different to your workplace or a private pension , and when you can start receiving the pay-out depends on when you were born. In May 2014, the government changed how the state pension system works , with the goal of making it simpler. In order to get a state pension you need to pay National Insurance contributions (NICs), and have built up a minimum number of years' worth. How much is the state pension? Men born on or after April 6, 1951, or women born on or after April 6, 1953, will be able to claim the new state pension. For those who reached the state pension age before April 6, 2016, you’ll be getting the old state pension, known as the basic state pension. The full new state pension is £175.60 per week, but the actual money you get will depend on your National Insurance record. If you've accrued NICs under both the old and new … [Read more...] about How can I check my state pension and what age can I claim it?