Pensions

2 in 5 retirees support their families financially

Two in five people (40 per cent) retiring this year provide financial support to their families which may be at risk as their incomes drop, according to research from Prudential.

A coffee break that could boost your retirement

Saving just £2.50 every working day could result in an extra £187,000 in your pension pot, according to new calculations from Friends Life.

The rise of the parensioner

Halle Berry, Steve Martin, Elton John, Susan Sarandon, Michael Douglas, Sarah Jessica Parker and almost one million people in the UK can, from today, officially class themselves as ‘parensioners'.

UK pensioners are saving for their supper

Almost a quarter of pensioners with an ISA are dipping-in to their hard earned savings simply to afford to live, according to research by Skipton Building Society.

Women expect to retire on £6,500 less than men

Women retiring this year expect their annual retirement incomes to be more than a third (36 per cent) lower than men’s, adding up to a Pension Gender Gap of £6,500, according to new research from Prudential.

Keep it in the family to save up to £3.3m tax efficiently

With the tax year end only days away, new figures from low-cost investment platform provider AJ Bell highlight the enormous saving potential of families exploiting their pension and ISA allowances - they show that by consistently using these tax efficient savings vehicles a family of four could accrue £3.3m over 18 years.

Pipe and slippers retirement? More like Zumba and hiking say retirees

The average retiree enjoys three holidays a year - and is fitter than they were while they were working, research by Skipton Building Society.

Pension confusion remains for those saving for retirement

Following the wide range of rule changes around pension savings in 2012, over a third (36%) of the UK population are now more confused about their pension choices, according to research from pension provider Friends Life.

200,000 retirees each year miss out on income worth £237m

MGM Advantage has revealed the true cost of baby boomers not shopping around for their annuity this year.

UK plans a retirement revolution

Today's traditional image of the pensioner on the pier is set to change, according to research from retirement specialist LV=.

Nationwide supports more shopping around for retirement options

A new code of conduct designed to encourage people to shop around for their annuities is being welcomed by Nationwide Building Society, a year on from the launch of its own annuity service.

Only one quarter of UK will be financially prepared for retirement

Only a quarter of UK investors (25%) feel that they are, or will be, well prepared for retirement financially, with a small percentage (3%) saying they have no idea how they will fund their retirement, according to the TD Direct Investing Investor Poll.