Appropriately for the festive season, the media recently has been well and truly stuffed with coverage of the Government’s plans to encourage workers to delay their retirement and/or actually “unretire”. It’s not a new theme, as plenty of commentators (including, ahem, myself) have seen this coming down the tracks for some time now, as an […]

According to new analysis from Quilter, the wealth manager and financial adviser, retirees hoping for a comfortable retirement – together with enough money for care would need to build up an estimated £470,000 in retirement wealth. Using the PLSA’s Retirement Living Standards definition of what constitutes a comfortable retirement, a single person would need to […]

By the time we reach our 50s, we are often spending more time in the dentist’s chair ensuring our teeth are in good working order, and with the NHS option becoming less available around the country, many of those in a position to do so are looking at the option of taking out insurance. But […]

Media reports that the Government, currently looking to plug huge gaps in its borrowing, plans to move forward changes to the State Pension Age (SPA) could have major implications for anyone who had been planning to retire in the mid-2030s. The new State Pension, currently slightly over £9,600 for those who have made their full […]

A new survey (by retirement technology specialists Dunstan Thomas) suggests that the pandemic has influenced 12 per cent of “Boomers” (aged between 58 and 75) in the timing of their planned retirement – with 1.2 million of them (nine per cent) actually leaving the workforce during the peak two years. The concern amongst many in […]

Tax specialists Cornerstone Tax say that tens of thousands of pension savers may be owed a combined £6bn due to them overpaying stamp duty on transfers of commercial property into their pension schemes. The transfers, they say, may have triggered Stamp Duty Land Tax – despite the fact that the transactions may have been exempt. […]

According to new research, divorced women are missing out on an estimated £5 billion a year because pension savings are often overlooked during divorce settlements. A study by Scottish Widows has found that seven out of 10 couples do not bring pensions into divorce settlements even though they can potentially be one of the biggest […]

Thinking of staying in work past the official retirement age? Then join the generation steadily pushing back the age of retirement. The employment rate for those between 50 and 64 reached a record high point of 71.2pc this summer. This is only a smidge below the national employment rate across all ages of 75.3pc, itself […]

New research from pension communications company Pension Geeks shows that 83% of people in work wish they were saving more into their pension, with almost a third of over-55s uncertain if they will be able to retire on their current savings. The concerns are backed by recent savings figures: the Scottish Widows Retirement Report shows […]

…so let’s get our heads around flexible working… and self employment. Major shifts in demographics are changing the way we look upon retirement, writes Tony Watts OBE. So what are the implications for our financial plans? I was part of a stimulating two-day gathering recently in London where several hundred people discussed the concept that […]