Retirement
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Almost 2 million single mothers face ‘motherhood penalty’ in retirement
Three in four single mothers face living in poverty when they retire, according to a new report released today by Scottish Widows. …
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Hundreds of thousands of women pensioners could face ‘Marriage Allowance mayhem’ – Steve Webb, LCP
Hundreds of thousands of women pensioners who have shared part of their income tax allowance with their husband could face unexpected tax…
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Self-employed pensions savings is rising – but it’s not enough
Self-employed workers have increased pension contributions by around £300 million with more self-employed people saving for retirement – but they still lag…
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Economic and regulatory pressures cause advisers to rethink retirement planning
Advisers are increasingly adapting their approach to retirement planning for clients, as their changing circumstances, ongoing economic challenges and a new regulatory…
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Aegon’s Steven Cameron comments on King’s Speech
Steven Cameron, Pensions Director at Aegon has commented on the absence of a Pensions Bill in today’s King’s Speech. He said: “We’re…
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‘Mansion House’ pensions reforms set to be confirmed in King’s Speech
King Charles is preparing to give the first King’s speech in more than 70 years. His speech will set out the government’s legislative…
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Reinstating Lifetime Allowance ‘fraught with difficulties’ – LCP
In his March 2023 Budget, the Chancellor announced plans to abolish the Lifetime Allowance (LTA), a lifetime limit on the cumulative amount…
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Half of retirees caught in “retirement blind spot”
A concerning number of people could be caught in the “retirement blind spot”, with many entering later life without conducting any review…
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Number claiming carer’s credits to boost state pension soars 84% compared to same period last year
A Freedom of Information request by Quilter, the financial adviser and wealth manager, reveals that up to September 2023 7,176 people have…
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Women are less financially confident – could it be impacting their retirement?
Women are 33% more likely than men to say they do not understand how their pension works – indicating a lack of…
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