Retirement
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Over 55s expect to spend a third of their pension Tax Free Cash within six months of withdrawal
Over 55s who plan on using their tax-free pension cash estimate that they’ll spend, or have already spent, nearly one third (32%)…
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Punchy claims about returns to savers, but this is about boosting economic growth
Following the Chancellor’s Mansion House speech yesterday evening, the Government has this morning published a raft of policy consultations and updates: 12 from…
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Government confirms £45 billion automatic enrolment expansion plan…six years after accepting review recommendations
Written by Tom Selby, head of retirement policy at AJ Bell Six years after an independent report backed the idea of expanding…
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Government seeks to help savers understand pension income choices, eight years on from freedoms
Following the DWP publication, ‘Helping savers understand their pension choices’, David Denton, technical consultant at Quilter Cheviot has commented. He said: “A time when…
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Government consults on LCP proposals for reforms to make better use of DB pension scheme assets
In his Mansion House speech last night, the Chancellor announced a raft of reforms designed to ensure that the money saved in…
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Addressing small pension pots issue will pave way for seismic change to auto-enrolment – Quilter
Following the DWP’s consultation, ‘Ending the proliferation of deferred small pension pots’, Jon Greer, head of retirement policy at Quilter has commented: He…
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New survey reveals 42% of Brits would leave the UK for their retirement if able to
A new survey has revealed the UK’s sentiment regarding pensions and retirement. The survey, conducted by investment comparison site Investing Reviews, asked…
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Government to launch search for ‘mothers missing millions’ on state pensions – Steve Webb, LCP
In its annual report last year, DWP reported that an error had been found in the National Insurance records of some people…
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More retirees shunning decumulation advice
Fewer retirees are taking regulated advice before switching their pension cash into income drawdown and guaranteed income for life solutions, latest product…
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Regional “retirement readiness” gap revealed: Workers in Greater London and East saving 40% more than Midlands and North
New research from Phoenix Insights, the longevity think tank from Phoenix Group, shows workers aged over 45 in Greater London and the…
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