A global study looking into the saving habits of the self-employed revealed that in the UK, many are not taking adequate steps to prepare for their future retirement.
More than 1.5 million personal State Pension forecasts requested since the launch of the new State Pension
In the 6 months after the launch of the new State Pension in April, more than 1.5 million personal State Pension forecasts were issued.
New analysis of income and average expenditure statistics by Aegon has found that spending falls by half amongst those aged 50-65 to those aged 75 and over.
Hundreds of members of the Pension Protection Fund (PPF) are set to benefit from changes to the compensation cap.
The family heirloom is under threat because younger generations are more interested in receiving a cash inheritance from their parents, say financial services provider, NFU Mutual.
People who purchase an annuity at retirement typically opt for a level pension rather than one that starts at a lower level but increases each year at a fixed rate or in line with inflation.
Graduating from a lifetime of labour to one of leisure is a major lifestyle change and a huge shift in anyone’s day-to-day routine.
Research by retiresavvy.co.uk has revealed almost half (46%) of Brits disagree with the change of State Pension Age for women, believing the government should stick to its original promise.
Struggling house buyers desperate to get on the property ladder could benefit from a ‘Help to Buy Pension’, NFU Mutual has said.
Despite the news that there will be no further radical reform to pensions in the Budget next week, it is still no surprise that Britain’s biggest financial fear is not having enough money to live on throughout retirement (41 per cent).
One in four wealthy investors (24%) is shunning private pensions in favour of stocks and shares ISAs, according to new research from The Share Centre.
New research from Aegon UK reveals that over half (56%) of people aged over 55 have either experienced or expect to experience a lump sum expense during their retirement years.
New research from Retirement Advantage, the retirement specialist, shows that despite the new pension freedoms introduced in April, over a quarter of people aged over 50 don’t know how much money they have saved in order to fund their retirements.
Nearly two in five (37 per cent) homeowners over the age of 55 are planning at least one more property purchase in their lives, according to new research by Prudential.
Just over half a million people in the UK [631,000] intend to use all or part of their pension to help repay their mortgage balance reveals new research from specialist insurer, Partnership.
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