Income in retirement

No compromise on state pension age for women

Thursday, 12 May 2016 | News

Women whose retirement prospects have been adversely affected by rapid changes to the state pension age have been told that hopes of a compromise solution is not workable.

Do you know your pension fact from pension fiction?

Tuesday, 19 April 2016 | Article

Fiction: If I buy an annuity, all my money will go back to the insurer when I die.

Nearly three in four think the state pension is enough to live on

Monday, 18 April 2016 | News

Nearly three in four (73%) people think the state pension alone would enable them to live comfortably in retirement, according to The Pensions Advisory Service (TPAS) latest ‘Women and Pensions’ survey.

Tax revenues will be affected by pension reforms

Wednesday, 10 February 2016 | News

The Institute for Fiscal Studies released its Green Budget on 8 February.

Thousands of retirees enter 'drawdown captivity' as market falls hit pensions

Tuesday, 02 February 2016 | News

In the first six months following the introduction of pension freedoms in April 2015, over 43,000 drawdown plans have been sold, according to a report from retirement specialist Retirement Advantage.

Equity release surges in 2015

Tuesday, 26 January 2016 | News

Homeowners borrowed a record £1.61 billion through equity release schemes in 2015, according to the latest figures from the Equity Release Council.

2016's retirees expect to get £17,700 a year

Friday, 15 January 2016 | News

People retiring in 2016 expect to retire on £17,700, 4.1% more than those who retired in 2015, according to a new survey from Prudential.

Have baby-boomers had it too good, for too long?

Friday, 15 January 2016 | News

An inquiry into ‘intergenerational fairness’ has been launched by the Work and Pensions Committee to establish whether the generation of people in or approaching retirement is getting a better deal than younger generations.<...>

Sell your annuity from 2017

Tuesday, 15 December 2015 | News

Some five million retirees will be able to sell their annuity income for a cash lump sum from April 2017, according to plans revealed by the government today.

Annuities get a new look

Wednesday, 21 October 2015 | Article

Annuities have long suffered a bad press. Not only have rates tumbled as people live longer, but pension providers have failed to tell customers they can shop around for a better deal.