Category Archives: Money Matters

Pension scams: not quite there yet

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From medieval conmen persuading people to hand over hard cash for worthless ‘holy relics’, to Charles Ponzi promising amazing returns on the back of earlier victims’ money,  fraudsters have always been with us and probably always will be. While this is all too true, we can make life a lot tougher for fraudsters – but we need to move rather faster than we have done to date. Continue reading

The Energy Revolution

The smart meter roll-out has been bumpy, and bedevilled by technical issues around its communications systems. To date, about 6m have been installed towards the goal of achieving 50m+ installations by 2020, and the Government remains adamant that that date is not negotiable.

We are de-commissioning old coal-fired and nuclear-fuelled generating plants, and replacing some of that capacity with enormous wind farms. Solar power is becoming more commonplace (nearly 1m householders now have a solar panel on their roof), and we are experimenting with tidal power and other technologies. But all our existing cables and wires are in the wrong place to transmit this electricity to our homes. Continue reading

Review of State Pension Age Report

After over a year of looking at a wide range of evidence, and meeting many individuals and organisations, John Cridland’s Independent Review of the State Pension age has published its final report. John Cridland was tasked by the Government to make recommendations around a ‘fair and sustainable’ State Pension age (SPA) from 2028 onwards.

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Wary hearts: Romance fraud is (much) bigger than you think

Paul Cunningham (Flickr Creative Commons)

Paul Cunningham (Flickr Creative Commons)

This blog post was contributed by Phil Mawhinney, Policy Officer, at Age UK 

You probably know someone who found love through a dating website – perhaps you did yourself. But you may also have seen cases of people who thought they had met someone special online, only to lose thousands of pounds through fraud. You might think that this is a rare crime and, really, people should know better.

It might surprise you to learn that romance/dating fraud is a big and growing crime. One person who has fallen victim reports dating fraud every three hours, according to the latest figures from Action Fraud, the fraud reporting centre. Continue reading