Income in retirement

Make your pension last a lifetime

More and more people are reaching retirement and choosing to keep at least some of their pension invested to carry on growing their savings and to keep their options open.

Pensions made simple with PensionBee

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  • Combine your old and lost pension pots into one online plan
  • Take complete control and have 24/7 access to your pension balance
  • Your own dedicated BeeKeeper (account manager)
  • Make withdrawals online from the age of 55

Just 1% of grandparents taking advantage of valuable state pension perk

Tuesday, 21 May 2019 | News

Thousands of grandparents who look after their grandchildren are missing out on a national insurance credit, figures from Royal London show.

When do I stop paying national insurance?

Tuesday, 14 May 2019 | Question and Answer

You pay national insurance contributions until your state pension age.

Retirees withdrawing too much from their pensions, HMRC figures show

Tuesday, 14 May 2019 | News

Britain’s retirees are withdrawing above the suggested 4% annual withdrawal rate from their pensions, according to figures released by HMRC.

Pension freedoms tax trap catches out up to 150,000 each quarter - here's how to claim your money back

Thursday, 02 May 2019 | News

Just 12,600 pension tax claim forms were completed in the first three months of 2019, but official figures suggest the actual number of those that have been overtaxed is much higher.

Retirees paying billions more in tax than previously thought

Thursday, 02 May 2019 | News

Royal London is accusing the government of ‘sneaking out’ figures which show that pensioners are paying £4 billion in year more in tax than had previously been thought.

Half a million older workers are paying too much tax because they have not deferred their state pension

Wednesday, 03 April 2019 | News

Half a million of people working past retirement age may be paying too much tax on their state pension, new analysis reveals.

"I have lost over £40,000 so far and had to sell my house": Moneywise hears from women affected by the state pension age change

Friday, 08 March 2019 | Article

On International Women’s Day, Moneywise publishes some of the letters we received from women affected by the state pension age changes

Bosses who recklessly mismanage workers' pensions face up to seven years in jail

Monday, 11 February 2019 | News

Company bosses who recklessly mismanage pension funds could face up to seven years in prison under new plans being set out by work and pensions secretary Amber Rudd MP.

New pension rules to prevent retirees from making poor decisions proposed by regulator

Monday, 28 January 2019 | News

The financial watchdog the Financial Conduct Authority (FCA) has launched a consultation on new rules that aim to stop retirees from making poor decisions about how they invest their pensions.

Pension withdrawals hit a record low as over-55s show 'restraint' amid struggling stock markets

Friday, 25 January 2019 | News

Over-55s have taken progressively less and less money via pension freedoms, and new HMRC figures show withdrawals have reached a record low.