Retirement
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Aegon: Today’s earnings growth figures should deliver inflation busting increase to state pension
Aegon’s Steven Cameron has discussed why today’s earnings growth figures may mean state pension triple lock will deliver inflation busting 8.5% increase…
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“Well over half a million more pensioners set to be dragged into income tax net by second large state pension rise” – Steve Webb, LCP
With today’s average earnings figures showing a rise of 8.5% on a year earlier, state pensions are set to enjoy a substantial…
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Retirees set to receive bumper 8.5% state pension boost in 2024
Tom Selby, head of retirement policy at AJ Bell, comments: “Retirees are set to receive their second blockbuster state pension increase in…
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Government waits nervously on ‘triple-lock’ state pension earnings announcement
Tom Selby, head of retirement policy at AJ Bell, comments: “Spiralling wage growth is set to provide another boon for retirees in…
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Wide disparities in pensions knowledge uncovered within UK population as majority of adults report poor understanding
Research from Phoenix Group’s longevity think tank Phoenix Insights found that general pensions knowledge among UK adults is typically poor, but huge…
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Unclaimed pensions amount to £28,000 per person – Netwealth CEO Charlotte Ransom
In the UK, 88% of people with workplace pensions have at least one that remains unclaimed, according to new research from wealth…
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M&G Wealth: Cost-of-living crisis hits pension saving, reducing final retirement pots by up to £270,000
New research from M&G Wealth finds that savers are reducing their pensions contributions to deal with the cost-of-living crisis, creating big reductions…
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Fewer older workers leave job to retire in 2023
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…
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1.5 million Brits never want to retire
New research from Canada Life reveals that 13% of UK adults that are not currently retired, are never planning to give up work.…
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What could key ‘Mansion House’ pension reforms mean for savers?
Tom Selby, head of retirement policy at AJ Bell, comments: “Rishi Sunak and Jeremy Hunt have their eyes firmly set on people’s…
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