When tested, half of over 50s (49%) who are aware of annuities say they don't know how they work or what they do Just 39% believe annuities are best for providing a guaranteed, stable income for life Only 35% correctly answer that annuities can be used...
Royal London, the UK’s largest life, pensions and investment mutual has found advisers are more interested in certainty over taxation than any of the other recent pension consultations. When asked which area of government policy and regulation was of...
· In the past two years, a third (33%) of all workers have investigated reducing or stopping their pension contributions, rising to 49% of workers aged 18-34 · Workers who stop contributions could miss out on employer matching, where employers match pension...
Jon Greer, head of retirement policy at Quilter comments on the third reading of the extension to Automatic Enrolment bill in the House of Lords today. The statement can be seen below: Today, as the private members bill on the extension of automatic...
Millions of over-55s in the UK are at risk of encountering financial difficulties in their retirement, new research by My Pension...
Kate Smith, Head of Pensions at Aegon, comments on the latest ONS data, analysed by the consultancy Public First, which shows a marked...
Steven Cameron, Pensions Director at Aegon has commented on the future of the state pension triple lock. He said: “In the week where...
New analysis from Legal & General Retail, released for Pensions Awareness Week (11th to 15thSeptember) has found that a...
Aegon's Steven Cameron has discussed why today’s earnings growth figures may mean state pension triple lock will deliver inflation busting...
With today’s average earnings figures showing a rise of 8.5% on a year earlier, state pensions are set to enjoy a substantial cash...
The UK state pension is set to rise by 8.5% from April 2024, in line with average earnings growth figures published this morning...
Tomorrow’s official earnings growth announcement from the Office for National Statistics (ONS) could cement a second bumper state pension...
Research from Phoenix Group’s longevity think tank Phoenix Insights found that general pensions knowledge among UK adults is typically...
88% of UK savers with workplace pensions have at least one that remains unclaimed Average figure sitting in ‘lost pots’ is £28,000,...
A fifth of respondents have reduced pension payments already, while two fifths are reducing their savings or investments pots Temporary...
Data released by the ONS this morning shows that the employment rate (71.3%) for 50 to 64-year-olds is still yet to return to pre-pandemic...
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