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Retirement
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Early retirement is driving economic inactivity among over 50s in Scotland, but huge gaps in pension saving exist
Phoenix Insights, Phoenix Group’s longevity think tank, has published research exploring economic inactivity among the over 50s in Scotland since the start…
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UK workers over £115,000 worse off in retirement relying on pension pots, new report finds
A new report has found UK workers on average, will face at £115,000 deficit in retirement income if they rely solely on…
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Majority think spending power of State Pension will be lower when they reach retirement
Most UK adults lack confidence that the State Pension will exist at its current value when they come to retire, new research1 by…
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Strong funding position is no blip as FTSE100 pensions position remains over £100bn for 4th consecutive quarter. Sponsors now need to embrace opportunities says LCP
The latest results by LCP’s Pensions Explorer at 31st March 2023 show that the combined estimated IAS19 pensions surplus of FTSE100 companies…
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Six key points for pension savers as new tax allowance rules come in on April 6th
In his Budget last month Chancellor Jeremy Hunt dropped what was, in the world of pension taxation at least, something of a…
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Property considered essential to retirement finance: Only 1 in 5 wealthier homeowners haven’t factored their home into their later life planning
New research suggests that just one in five (20%) wealthier homeowners believe that their property will not play a role in their…
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“Too fast” plan to raise State Pension Age has been shelved but not scrapped
The pace set by the government’s plan to bring forward the rise of State Pension Age to 68 by seven years was…
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Aegon welcomes calls for Government to investigate early access to state pension
Written by Steven Cameron, Pensions Director at Aegon We urge the Government to follow Baroness Neville-Rolfe’s recommendation to explore introducing a State…
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The role of annuities in improving retirement outcomes
Written by Cecilia Furner, Distribution Director, Legal & General Retail Annuities To anyone keeping an eye on the news right now, it…
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‘Sting in the tail on state pension age as independent review floats rise to 69 in late 2040s’ – Steve Webb, LCP
The DWP has today announced the outcome of its statutory review into the state pension age, and has published two supporting reports…
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