Retirement
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Cost-of-living crisis delays retirement while others return to work
Almost half of people approaching retirement (49%) are rethinking their plans as the high cost of living bites into their everyday finances. …
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5.2 million midlifers taking retirement action
5.2 MILLION, or six in ten (59%), midlifers aged 45 to 54 are taking action to save more for retirement according to…
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Broadstone comments on Teachers’ Pension Scheme employer contribution changes
The announcement from the government revises the employer contribution rate of the Teachers’ Pension Scheme (TPS) from 23.6% to 28.6%. This equates to a…
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Just six in 10 eligible people claiming pension credit
Laura Suter, head of personal finance at AJ Bell, comments on the latest figures on pension credit take-up: “The latest figures show that just…
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‘Hundreds of thousands of pensioners will have to start setting aside some of their state pension for unexpected tax demands’ – Steve Webb, LCP
A combination of the continued freeze in income tax thresholds alongside big increases in the state pension means large numbers of pensioners…
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Nearly half of retirees admit to needing more money than expected in retirement: survey
New research reveals: Financial stability is the UK’s ultimate retirement dream A Legal & General-commissioned survey of more than 2,000 people across…
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Mercer x CFA Institute Pensions Index reveals the impact of AI on pension systems
• Index compares 47 retirement income systems, covering 64 per cent of the world’s population Mercer and CFA Institute have released the 15th annual Mercer…
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Origo Transfer Index shows average pensions times improved over quarter
Average pensions times have improved over the last quarter, latest data from the Origo Transfer Index shows The Index publishes the transfer…
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Retired households are paying £347 a year more in direct taxes, according to iSIPP
Retired households have seen their annual bill from direct taxes increase by £347 as incomes have increased, new analysis from pension provider…
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LCP urges pension schemes to get ‘data smart’ with pension dashboard preparations
LCP is urging trustees to get smart about data as the final deadline for all pension schemes to be connected to dashboards…
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