The Chancellor’s pension reforms will see over-55s take out a total of about £5bn from their pension pots after the rules change in April next year, an actuarial firm predicts.
Hundreds of thousands of people are losing out on a better standard of living in retirement because they make one – or more – basic pension errors.
Britons take their pensions earlier than workers in other EU countries, but also work later into old age, research suggests.
One in seven (14%) non-retired people, the equivalent of around 5 million individuals, do not plan on retiring at all, according to the latest consumer research by Baring Asset Management.
The guidance guarantee should be delivered as a process with various touch points not a one-off token conversation, the chief executive of the Citizens Advice Bureau has said.
As new research from the Chartered Institute of Payroll Professionals shows that almost half of Brits have no pension provision, we look at how you get started on saving for retirement.
Prudential has topped the Financial Ombudsman Service's (FOS) list of most complained about pension firms after consumer gripes against the firm were up 2 per cent on the previous half year.
David Trenner wonders if George Osborne's pension reforms have gone too far.
As Individual Protection applications open, we demystify the latest question facing pension savers.
Far from wanting to kick back and relax, two-thirds of employees approaching retirement intend to continue doing some form of paid or voluntary work once they are in ‘retirement', according to a new survey from wealth adviser Towry.
After recent Citizen's Advice research revealed that many of us are turning to the internet for financial advice, we look at how you might go about picking a financial adviser.
By combining Budget reforms with existing rules which reward savers who delay taking their State pension, eligible women can boost their payout by up to tens of thousands of pounds over a lifetime.
People turning 65 this year can expect to live an average of nearly 20 years in retirement, according to an analysis of Office for National Statistics data by Prudential.
Pensioners will soon enjoy unprecedented access to their savings, but Jonathan Watts-Lay of WEALTH at work warns of five potential pitfalls.
Just 29 per cent of UK workers believe that they will stop working at retirement, according to Aegon’s third Retirement Readiness Survey.
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