Income in retirement

How to use your property to boost retirement income

In an ideal world, we would all retire with our mortgage paid off and enough money in pensions and other savings plans for us to live comfortably.

Moneywise users shun equity release

Thursday, 05 October 2017 | News

Eight in 10 (83%) users would avoid equity release to free up cash in their home, according to the results of our latest poll.

Pensioners missing out on £2,000 of unpaid tax credit: How to claim

Thursday, 28 September 2017 | News

As many as 40% of pensioners are missing out on income in retirement by not claiming the pension credit they are owed.

Brexit deal required for pension firms to maintain payments to British expats

Monday, 18 September 2017 | News

MP Nicky Morgan has written to the Chancellor to ascertain how cross border pension payments are likely to be treated post-Brexit.

Retiring soon? Financial crisis has cut your pension income by 46%

Tuesday, 22 August 2017 | News

When glancing at a chart of the performance of equity markets over the decade since 2007, the steep falls endured during the financial crisis now look less painful, given the subsequent recovery that has taken place over the...

Retired household incomes continue to rise

Tuesday, 08 August 2017 | News

Over the last 40 years the incomes of pensioners have continued to rise; in particular for those with private pensions.The income of the average retired household has been growing at a faster rate over the last 40 years than...

Increases to women’s pension age earns government £5.1bn a year

Wednesday, 02 August 2017 | News

The increase in women’s state pension age from 60 to 63 has reduced the number of women the government pays pensions to by 1.1 million, netting it a saving of £4.2 billion a year, according to a new report from the Institute...

Universities’ pension deficit sparks fears tuition fees might rise

Wednesday, 02 August 2017 | News

Massive increases to the universities final salary pension scheme deficit is leading to concerns that already controversial tuition fees may have to rise.

Ask the Experts: Am I entitled to any of my late husband's pension?

Tuesday, 25 July 2017 | Question and Answer

Yes, in certain circumstances you are entitled to some of your husband’s state pension.

State pension age rise brought forward seven years

Wednesday, 19 July 2017 | News

The state pension age will rise to 68 between 2037 and 2039 – seven years earlier than planned, under government proposals announced today.

Ask the experts: Can I cancel my annuity and take the rest of my money as a lump sum?

Tuesday, 18 July 2017 | Question and Answer

Pension freedoms, which were introduced from April 2015, have given many people far more choice about how they access their pension benefits.