Expected retirement incomes among 2015 retirees have hit a 6-year high, according to research by Prudential. The survey of more than 1,000 people planning to… Read More »Your Money: Expected retirement income hits a 6-year high
Small businesses could struggle to comply with an increase in auto-enrolment pension contributions, according to a report by the Association of Consulting Actuaries (ACA). The… Read More »Auto-enrolment contribution increase could affect small firms
More than half of over-40s don’t know whether they will be eligible for the government’s free pension guidance service, research by Partnership has found. Pension… Read More »Your Money: Savers unaware of pension guidance service
Have you considered what your retirement might look like financially? It’s important to think about what you want to do and achieve in your retired… Read More »Retirement planning
From April 2015, over 55’s will have far more flexibility in access to their pension pots. The Taxation of Pensions Bill has been published, and… Read More »What a relief, your pension needn’t be taxing
Details of changes to tax rules that will allow over 55s to access their defined contribution pension pots with more flexibility from April 2015, have… Read More »Your Money: Bill introduces lump sum pension reforms
The percentage of private sector employees in a workplace pension scheme increased from 26% in 2011 to 35% in 2013, according to research commissioned by… Read More »Auto enrolment increases pension membership
One in four people planning to retire this year don’t feel ready to stop working, Prudential has found. The Class of 2014 study tracked the… Read More »One in four not ready to retire
Pensioners should be allowed to switch to better annuities and escape poor-value schemes, Pensions Minister Steve Webb has suggested. In an interview with the Sunday… Read More »Annuities switch for pensioners proposed
Delivering the 2013 Autumn Statement, the Chancellor said the latest forecasts from the Office for Budget Responsibility proved that “Britain’s economic plan is working” but… Read More »Autumn Statement 2013