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 […]

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 […]

Over five million over 50s in the UK look set to retire early, according to new research – many because new technology will make them redundant. What will it take to ensure you leave work at a time of YOUR choosing? By Tony Watts OBE Lamplighters, knocker uppers, leech collectors, switchboard operators, linotype operators… It’s not […]

The newly-launched National Retirement Forecast (NRF) from Scottish Widows has provided forensic analysis of the challenges faced by different demographics in the UK – showing some startling differences in expectations depending upon where we live, our ethnicity, gender and age, as well as whether we have disabilities or own our home. The report establishes the […]

Applying Macmillan’s saying that “you’ve never had it so good” to those either in or heading towards retirement might come as a surprise to some people, but new data shows that those retiring today may well be much better off than their younger counterparts. Research published by the International Longevity Centre (ILC), the UK’s leading […]

Pensions experts are urging those heading towards retirement to look at a way to add several thousand pounds’ worth of additional savings into their pension pots tax free. Did you know that can contribute up to £2,880 per year into a pension for a non-earning spouse, partner or child and they will receive tax relief […]

New research shows that single people face an uphill climb heading into retirement, having to save significantly more proportionately than their couples counterparts in order to enjoy a similar lifestyle. New analysis by Standard Life has thrown into sharp focus the additional savings that single people need to build up for retirement, compared to pensioner couples who […]

With a large proportion of the country finding their budgets being squeezed, we look at the questions everyone needs to ask to ensure they retire comfortably. The cost of living is depleting many people’s ability to save each month, and the latest stats reveals that only 39% of UK households are currently on track for […]

New statistics have revealed the size of pension pot you need to secure each of the Pension and Lifetime Savings Association (PLSA)’s Retirement Living Standards “minimum”, “moderate” or “comfortable” retirement. The analysis by Standard Life, part of Phoenix Group, makes for sobering reading as the spiralling cost of living pushes up the targets for those […]

If you are wondering whether you might need to review the date when you plan to retire, go part time, or take on lower paid work, you’re not alone – and with good reason as the financial goalposts keep being moved. What a difference a year makes. Last year, the media was full of stories […]