If you’re part of the so‑called Generation X – born between 1965 and 1980 – then you might want to check whether you are one of those who are deemed “property rich, pension poor”… and risk “sleepwalking” into an inadequate retirement. “Generation X” – the 14-million strong cohort born between 1965 and 1980 – may not necessarily […]

Towards the end of May, the government’s Pensions Commission published an interim report – the headline message being that 15 million people are undersaving for their retirement. Here we look at some of the smaller print in what was a truly comprehensive document… a chance for you to check whether you need to adjust your […]

New legislation which received Royal Assent on Wednesday 29 April should mean over 20 million pension savers getting better value from their providers to the tune of an average £29,000. The Pension Schemes Bill has had a bumpy ride through the parliamentary process – not least over the controversial “mandation” reserve that allows the government […]

The number of years we can expect to spend in good health is falling, according to a new report. But what are the financial implications for those saving for their retirement? By Tony Watts OB For those of us involved in the later life sector for some time, the latest official figures from the Health […]

Many savers looking to move their hard-earned money to where it’s going to work hardest towards their pension income are being let down, according to new data from PensionBee, a leader in the consumer retirement market. The new figures show that reveals that the slowest pension providers and administrators are taking up to 18 times […]

Over half of those termed “Gen X” (born between 1965-1980) are reported to be facing a financial cliff-edge in their retirement, with 7.5 million (54%) having inadequate savings, and 2 million (15%) having no housing equity or investments to fall back on. A worrying new report from The Social Market Foundation (SMF), a leading cross-party […]

Asset managers Fidelity International have issued a stark warning to self-employed higher-rate taxpayers, as new figures reveal that some 61 per cent of were not contributing to a pension in 2022/23. In addition, it found that almost half (48 per cent) of self-employed additional-rate taxpayers were also not contributing to a pension. This means that, […]

The Office for National Statistics has just published new data showing the number of years people born in the UK could expect to spend in “good” general health – and it’s not great news for many people looking to keep working into their 60s or beyond… or facing the prospect of giving up work to take on […]

Financial experts are advising higher earners to move quickly to use their self-assessment tax return to claim back up to four years’ worth unpaid tax relief on pension contributions. It is estimated that millions of higher-rate taxpayers may be missing out on reclaiming valuable pension tax relief — with £1.3bn left unclaimed over five years. […]

So what keeps YOU in your current job? New research has revealed that employers might be missing a simple (and very old fashioned) trick when it comes to retaining their best staff. Years ago, a spanking new company car every couple of years was often seen as the way to hold onto the personnel who […]