Pensions

Your top 10 pensions questions answered

From tax-free cash to allowances, transfers and annuities, we tackle your top 10 questions on the current pension rules and what they mean for your income options in retirement.

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Cremation 'monopoly' force prices up

Friday, 22 June 2018 | News

Families living in areas with few cremation services are being stung by higher cremation costs, thanks to a monopoly effect.

Over-50s shy away from investment risk

Thursday, 21 June 2018 | News

The vast majority of over-50s want to maintain their current lifestyle in retirement but are unwilling to invest appropriately to achieve this goal. 

Equitable Life shuts down - what should policyholders do?

Monday, 18 June 2018 | News

Legacy policyholders still with the pension company are due a windfall.

Retirees are more likely to pass on their wealth than spend it

Monday, 11 June 2018 | News

Retirees do not spend their accumulated wealth and will bequeath most of it, according to a new report from the Institute for Fiscal Studies (IFS).

Workplace pensions: more people are saving but not as much cash as before

Wednesday, 06 June 2018 | News

Government data shows a 5% increase in the total amount being saved in workplace pensions, but average savings levels fall to an all-time low.

My elderly uncle is in prison. Is my aunt entitled to any of his state pension?

Wednesday, 13 June 2018 | Question and Answer

The short answer is that the state pension is not paid to prisoners.

Here’s why women retire on £4,900 a year less than men

Thursday, 31 May 2018 | News

There is a retirement income gender gap in the UK – here’s what needs to happen for it to close

What can I do about the high fees I’m paying on an old pension I have?

Wednesday, 30 May 2018 | Question and Answer

You are not alone. Many people are paying high charges on their personal pensions. These are typically policies which were taken out many years ago.

Most retirees on income drawdown fail to set up an LPA

Wednesday, 23 May 2018 | News

Nearly four out of five retirees on income drawdown could face hardship in later life because they haven’t set up a Lasting Power of Attorney (LPA), new research has revealed.

About to retire? It’s time to make the most of your pension freedoms

Wednesday, 23 May 2018 | Article

Until April 2015, retirees faced a fairly stark choice with their pensions. The majority turned their lifetime savings into an income for life by buying an annuity.