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Thousands waiting on backdated disability personal independence payments.

The latest news from the world of personal finance. Backdated Personal Independence Payments wait, Universal Wealth Preservation, and the TSB.

It emerged this week that thousands of disabled people who claim the mobility element of Personal Independence Payment (PIP) benefits will have to wait until after the end of summer to receive the extra payments backdated from November 2016. Last December the High Court ruled that the Department of Work and Pensions policy in this area had been "blatantly discriminatory against those with mental health impairments." In January the government announced that it would not be appealing against the ruling.

Money Box reporter Tony Bonsignore has discovered that at least three hundred and sixty people have properties in trusts created by the collapsed inheritance planning firm Universal Wealth Preservation. The final total could be much higher.

More than six weeks after an IT failure threw the finances of thousands of TSB customers into chaos, MPs on the Treasury Select Committee say they have "lost confidence" in the ability of TSB Chief Executive Paul Pester to lead the bank.

Available now

30 minutes

Last on

Sun 10 Jun 2018 21:00

Chapters

  • Personal Independence Payment

    Thousands face a wait for backdated payments

    Duration: 13:22

  • Universal Wealth Preservation

    Update on the collapsed firm

    Duration: 06:19

  • TSB

    Mps call for changes at the top

    Duration: 03:42

Related Links

Personal Independence Payment (PIP)

TSB


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  • Sat 9 Jun 2018 12:04
  • Sun 10 Jun 2018 21:00

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