Posts tagged “Office of the Public Guardian”

Recent freedoms for people with pension savings provide more choice about how they can be used. 
 
If you are looking for a guaranteed income for life you can still buy an annuity. If you want more flexibility, you could take a cash lump sum and manage the rest of your savings throughout your retirement. 
 
There’s even free PensionWise guidance from the government if you’re over 50, to help you make good decisions, depending on your circumstances 
Up to a million people could be owed refunds on their Lasting Power of Attorney (LPA) fees. 
 
Between 1 April 2013 and 31 March 2017, the Office of the Public Guardian (OPG) overcharged for LPA applications. 
 
A year ago the Ministry of Justice started to give refunds to people who had applied for LPAs between 2013 and 2017. 
 
Up to 1 February this year 194,713 claimants had received refunds of more than £12m. However, it’s estimated that 800,000 people could still be eligible to claim. 
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