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.

UK state pension is the least generous amongst advanced economies

Wednesday, 06 December 2017 | News

The UK’s state pension is the least generous amongst advanced economies, according to a report from a respected think tank.

Two in 10 pensioners now living in poverty

Monday, 04 December 2017 | News

More than one in five of the UK population now lives in poverty, according to a new report from the Joseph Rowntree Foundation (JRF), with improvements made among vulnerable groups, including pensioners and children, over...

Eight in 10 over 50s significantly underestimate life expectancy

Tuesday, 28 November 2017 | News

As many as eight in 10 (78%) over 50s are significantly underestimating how long they can expect to live.

Moneywise users shun equity release

Thursday, 05 October 2017 | News

Eight in 10 (83%) Moneywise.co.uk 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.