After the initial sound and the fury from the politicians and newspapers following the Autumn Statement, more careful analysis is now emerging on the potential long as well as short term impacts. But what will it mean for anyone approaching or in retirement? Having forecast major announcements around pensions reform in the King’s Speech, the […]

It’s estimated that some £26.6 billion worth of lost pensions are not currently being claimed by their rightful owners, each worth an average of £9,500. That’s hardly surprising when less than half (44 per cent) of pension savers can remember the company that provided their first pension, according to a survey conducted by YouGov on […]

With increased interest rates continuing to drive the highest demand for annuities in recent years, Legal & General has warned that shopping around before you decide could make a massive difference in how much you earn over the course of your retirement. New analysis shows that a 66-year-old with a £100,000 pension pot can now purchase […]

Applying Macmillan’s saying that “you’ve never had it so good” to those either in or heading towards retirement might come as a surprise to some people, but new data shows that those retiring today may well be much better off than their younger counterparts. Research published by the International Longevity Centre (ILC), the UK’s leading […]

Almost nine out of ten workers in the UK has at least one lost or “stranded” pension pot, according to new research from wealth manager Netwealth. Among those employees who have lost track of a pension, some 42% say that they have between two and five stranded pots. The average amount locked up in lost pensions […]

As part of the major ongoing Pensions Review being undertaken by the Institute for Fiscal Studies, aimed at finding ways to improve the future of financial security in retirement, a new poll of 3,000 people of working age has revealed widespread confusion about how much they can expect to receive in retirement. As part of […]

Pensions experts are urging those heading towards retirement to look at a way to add several thousand pounds’ worth of additional savings into their pension pots tax free. Did you know that can contribute up to £2,880 per year into a pension for a non-earning spouse, partner or child and they will receive tax relief […]

New research shows that single people face an uphill climb heading into retirement, having to save significantly more proportionately than their couples counterparts in order to enjoy a similar lifestyle. New analysis by Standard Life has thrown into sharp focus the additional savings that single people need to build up for retirement, compared to pensioner couples who […]

Every year, thousands of elderly people and their families face the conundrum of how to pay for care home fees – which can typically be between £40,000 and £50,000 a year. Shaw Lifetime Care, part of the charitable Shaw Foundation offers a unique option which allows them and their families to retain their home, draw […]

With a large proportion of the country finding their budgets being squeezed, we look at the questions everyone needs to ask to ensure they retire comfortably. The cost of living is depleting many people’s ability to save each month, and the latest stats reveals that only 39% of UK households are currently on track for […]