MGM Advantage has published new research showing how retirees use pension lump sums to pay off debt, which indicates how pension cash unlocked following the new freedoms available from April 2015 could be used.
Traditionally the financial advice industry has found it difficult to engage with younger people on pensions, but new data from Selectapension has discovered that younger male clients are now wising up to the need to plan early.
Nearly one in five (18 per cent) adults do not believe they will qualify for the full flat rate State Pension of £155 a week, which is due to come into effect on 6 April 2016, according to new research from Prudential.
New figures show the private sector industries and occupations which have seen the most significant growth in pension saving since 2012.
For many small business (SME) owners, the time they take running their business can lead them to neglect considerations such as planning for your retirement.
Significant life changes occur for millions of Britain’s retirees in the early years of their retirement, according to research from retirement specialist LV=.
More than half a million 40 to 70 year olds in England intend to use part or all of their pension to repay their mortgage balance reveals new research from specialist insurer, Partnership.
Just under two thirds (64%) of non-retired people – the equivalent of 23 million people – admit to not reviewing their pension plans at all over the past four years, according to the latest annual consumer research by Baring Asset Management.
Even small withdrawals from pensions next April could trigger the highest rate of income tax, according to analysis of draft guidance from HM Revenue & Customs by financial services provider, NFU Mutual.
New research from MGM Advantage, the retirement income specialist, reveals alarming disparities between the retirement finances of men and women.
New measures which will protect savers’ interests and boost many people’s personal pension pots by thousands of pounds have been outlined by Pensions Minister Steve Webb.
Following the Budget announcements in March, George Osborne declared that “No-one will have to buy an annuity”.
New DWP figures show that automatic enrolment is continuing to play a major role in reversing the decade-long decline in private sector pension saving.
Couples in the UK are happy to talk about their money, but struggle to turn these conversations into concrete financial plans for the future, according to research from Prudential.
MGM Advantage, the retirement income specialist, has shown the benefit of using equities as part of a retirement portfolio by calculating the increases in income from its investment-linked annuity (Flexible Income Annuity or FIA).
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