“Action needed” to help millions of self-employed prepare for retirement





Brits “underestimating what they need to save for retirement”

Almost three-quarters (74%) of Brits, both in the UK and abroad, are not on track to retire with sufficient funds to maintain their current lifestyle, reveals a new survey by independent financial advisors deVere Group. The survey results suggest that many people are underestimating how much they need to save for retirement, which could have […]

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Large numbers of Brits miscalculating their spending in retirement

New figures show that many people have miscalculated how much they would be spending in retirement, with almost a third overspending what they had allowed themselves. The new research from Pension Bee also lifts the lid on what the public think they will need in retirement, depending upon their age now… and the stats show […]

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How much could renting add to your retirement costs?

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 […]

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Good news for DB pension holders… with a caveat

New research by Mercer will make welcome reading for many Defined Benefit pension holders: the aggregate surplus across company accounts of FTSE 350 pension funds soared to £79 billion in May 2024, the highest level ever recorded. However the announcement does come with a caveat. Mercer’s Pensions Risk Survey shows the value of liabilities for […]

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Majority of pension funds “underperforming FTSE share tracker”

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 […]

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New features on RetireEasy.

Not yet retired?

You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. As always, you can revisit these projections and change them at any time either when your expectations change, or you have real numbers to replace projections already made.

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