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Money Box: Thousands waiting on backdated disability personal independence payments.

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09/06/2018

Thousands waiting on backdated disability personal independence payments.

BBC Radio 4 - Money Box, Thousands waiting on backdated disability personal independence payments.

Thousands owed backdated personal independence payments are still waiting to receive them.

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.

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Thousands waiting on backdated disability personal independence payments.

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