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

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.

Over 200,000 parents face a smaller state pension because of innocent paperwork mistakes

Wednesday, 23 January 2019 | News

More than 200,000 parents are facing a smaller state pension because of a complicated bureaucratic situation involving child benefit of which they are unaware. 

Benefit changes for older mixed-age couples 'could cost some £7,000 a year'

Tuesday, 15 January 2019 | News

The Department for Work and Pensions (DWP) is to introduce changes to pension age state benefits that will impact older couples of different ages,

Young people increasingly pessimistic about ever getting a state pension

Monday, 07 January 2019 | News

Young people are increasingly losing confidence in receiving a state pension when they are older, with many not thinking it will exist at all, new research reveals.

Pensions committee investigates why WASPI complaints are being closed ahead of state pension age judicial review

Thursday, 20 December 2018 | News

The parliamentary Work and Pensions Select Committee is investigating why complaint cases from women affected by state pension age changes have been closed ahead of a judicial review. 

State pension makes up £6 in every £10 of income of retirees as private pensions fail to make up retirement earning needs

Tuesday, 18 December 2018 | News

Despite the efforts of the current and previous governments to promote the adoption of private pensions, the state pension still makes up the bulk of post-retirement income.