How much difference could renting in retirement make to your outgoings… and the amount you need to put aside? New figures reveal all. People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid off their mortgage, according to new analysis from Standard Life, part […]

New figures show what those saving for retirement are aiming for. But will they achieve the lifestyle they want… or will some fall short? New research from online pension provider PensionBee has revealed a worrying knowledge gap among some Brits when it comes to the critical question: “How much money will I need in retirement?”. […]

Are pension savers being short-changed? New analysis shows how badly many long-established pension funds are performing compared to simple FTSE tracker. Research by AJ Bell has shown that a staggering nine out of ten pension funds (91%) have underperformed a FTSE All Share tracker over the last ten years. Some 72% of UK pension funds have underperformed […]

Both main political parties will be keen to put some “clear blue water” between themselves and their rivals in the weeks ahead on a whole range of policies. But what should savers and investors be watching for in the opposing manifestos and speeches? By Tony Watts OBE. “It’s the economy, stupid”, goes the oft-quoted refrain […]

What is the average income in retirement for today’s retirees… where is the income coming from, which regions are doing best and what trends can we see emerging? New data from the ONS reveals all. The Family Resources Survey (FRS) for the financial year ending (FYE) 2023 has just been published by ONS and it […]

March marked the tenth anniversary of the announcement of “Pension Freedom and Choice” reforms which, along with Auto-Enrolment, represented the two major shifts in pension policy enacted under George Osborne. What have been the long-term impacts for savers? asks Tony Watts OBE. Up until then, savers reaching retirement were all channelled down the annuity route. […]

It’s not just how much you earn that helps individuals enjoy a “resilient retirement” as a new survey has just revealed… While how much you earn will play a big part in helping individuals and couples enjoy a comfortable retirement, other factors do come into play according to new research from Hargreaves Lansdown, published as […]

A new study, from the Pensions Management Institute (PMI), shows that almost a quarter (24%) of people think they will have to delay their retirement and a further 23% have reduced their pension contributions. One in 20 people questioned (5%) say they have stopped making pension contributions entirely. The PMI is the professional body that […]

A new report has laid bare the gap in pension pot sizes between men and women at retirement – and how many more years women would need to work to make up the shortfall. New research from the Now Pensions and the Pensions Policy Institute (PPI) shows that, on average, UK women need to work […]

New figures released by the Pensions and Lifetime Savings Association (PLSA) show that the amount we need to save for our retirement has shot up in the last year, as rising food prices and energy bills drive increases in the cost of living during retirement. The PLSA says that income required for the “minimum” Retirement Living Standard […]