Income in retirement

Investment doctor: “I want to invest a windfall for retirement income”

I’m a 63-year-old female and have inherited £60,000 from my aunt. I want to invest this to supplement my income in retirement. I have some income from my teachers’ pension and will receive my state pension in 2019.

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.

Landmark court victory secures pension rights for same-sex couples

Friday, 14 July 2017 | News

A gay man has won a landmark court case that will force pension companies to treat same-sex married couples in the same way as members who are married to partners of the opposite sex.

Failure to shop around costs annuity buyers £4,000

Wednesday, 12 July 2017 | News

Failing to shop around for the best annuity is costing retirees an average of £4,000 over the course of their retirement, according to new research from the Pensions Policy Institute in association with LV=.

Read our 10 most popular stories from June 2017

Tuesday, 04 July 2017 | News

Make sure you're up to date with all the latest news, tips and guides by checking our 10 most popular stories on Moneywise.co.uk in June 2017.