Ministers to revive Blair-era Pensions Commission to tackle savings crisis

Revived body will examine future of the retirement system as analysis shows pensioner income is set to fall

The government is resurrecting the Pensions Commission, amid fears that a retirement crisis could mean today’s workers will be poorer in retirement than the current crop of pensioners.

The move by ministers to revive the landmark commission, established by Tony Blair’s government in 2002, comes as analysis shows that the income of pensioners is set to fall in the coming decades.

Continue reading...

Royal Mail urges people to use or swap non-barcoded stamps

Deadline is 31 January, although there will then be six-month grace period with such post still delivered

Do you have a book of stamps in your wallet, purse or drawer at home? Maybe you have stockpiled them to avoid future price rises.

If so, you need to be aware that the official deadline for using up stamps without barcodes – notably the regular first and second-class “everyday” stamps featuring the profile of the late Queen – is getting closer.

Continue reading...