UK workers “overestimate the pay days left until retirement”





UK workers “overestimate the pay days left until retirement”

How many pay days do YOU left before retirement? Knowing that figure could make a big difference to whether you will be enjoying the retirement you have planned. New research from Aviva has shown that millions of UK workers are overestimating how many pay days they have left until retirement – including large numbers of […]

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Is the State Pension doomed? Half of us seem to think so…

Those currently in receipt of a State Pension will be pleased at the news that the Triple Lock will see their pension payments rise by 4.8% as from April. But for how much longer will the Lock… and indeed, the State Pension in its current form, exist? The State Pension may well be the bedrock […]

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Increased retirement incomes promised as Government green-lights “collective” pension schemes

The Government claims that millions of workers could see their pensions “increase by up to 60%” as new regulations for “Collective Defined Contribution” (CDC) schemes are set to be laid. But is this realistic? And what are CDCs… and what are the potential advantages and drawbacks? Towards the end of October, the Government issued an […]

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Revealed: the average value of a handbag and its contents…

If you’ve ever worried about the financial hit that you, or a partner, stand to sustain if a handbag gets lost or stolen… then be prepared to be amazed at their average value First: a little bit of social history. The first recorded users of “handbags”, going back almost two centuries, were actually gentlemen – […]

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State Pension Age rises “forcing later retirements” but younger workers are failing to adjust

New research from the University of Bath has shown the impact being felt because of the ongoing rise in the State Pension Age – with older workers delaying retirement while younger workers are “holding onto unrealistic early retirement hopes”. Researchers say that some workers could find themselves inadequately prepared for retirement because they are failing […]

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Retiree income needs for “Moderate” and “Comfortable” Standards see modest rises

The latest Retirement Living Standards (RLS) stats are out, revealing what incomes and savings retirees will need to enjoy “Moderate” and “Comfortable” standards – and both show modest increases The figures reflect the impact of inflation across many expenditure categories offset by decreases in energy costs, and provide those planning their retirement finances a highly […]

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Are our uncertain times leading to hasty investment decisions?

Every day seems to see new headlines describing global economic turmoil – not least from across the Atlantic. Now there’s news that a quarter of UK investors have sold at a loss in the past year. Have they acted in haste… or do they know something others don’t? With the markets around the word yo-yoing, and some stocks showing huge falls […]

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