All over the world, as populations age and the numbers of working age people “coming through the system” goes down, countries are looking to raise their state retirement age… many have staged increases already planned. So how does the UK rank in all of this, and when can you expect to enjoy the five-figure annual […]

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 […]

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 […]

Being able to work for as long as you need in order to secure a financially secure retirement could become a lot easier after new employment laws come into force in April, writes Tony Watts OBE. But it will require flexibility from employers as well as employees. “The best laid schemes o’ mice an’ men […]

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 […]

New figures show only 30% of high earners are on track for a comfortable retirement. New statistics from the HL Savings and Resilience Barometer show that less than a third (30%) are on track for a “comfortable” retirement. This compares to only 13% of households overall. Even when it comes to achieving a “moderate” retirement […]

A bill currently working its way through Parliament could have huge implications for anyone in receipt of a state benefit – and that will include the state pension. Anyone who has watched the film “Minority Report” will know that it portrays a time when a specialised police department can predict which people are likely to […]

Unsure if you’re on course to receive a full State Pension when you retire? Confused by whether or not it would be worth buying top-ups to fill any gaps? Then read on. Former pensions minister Steve Webb is urging anyone planning their retirement to check whether they could profitably plug gaps in their NI contributions […]

If you have a DB pension waiting in the wings for your retirement, you’ll want to know the latest assessment on whether or not the UK’s 5,000 DB schemes will be in good shape to meet its obligations. It’s been a turbulent time in the financial sector over the last year or two, with rising […]