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Poorest pensioners have incomes 70% higher than worst-off households nearing retirement
While state pensions have been increasing in recent years, for those nearing retirement there is a growing poverty gap as the…
Seven in 10 final salary pension transfers approved, leading FCA to step up crackdown
The high proportion of pension transfers goes against the regulator’s stance that transfers are unsuitable for most.
British pensioners are running out of money a decade too early
British pensioners will run out of money roughly a decade before they die, a new report by the World Economic Forum has warned…
Auto-enrolled pensions goliath Nest announces divestment from Big Tobacco
Pensions savers who hold money in Nest pensions will no longer have their cash invested in the tobacco industry.Nest,…
Hundreds of thousands given wrong state pension forecasts, government minister admits
Around 3% of the government’s 12 million state pension forecasts since 2016 have been incorrect.The government’s…
Give your child’s pension and income a boost with this little-known tax trick
Parents with spare cash can help boost their child’s retirement prospects by putting money into their son or daughter’s…
Government to consult on NHS pension changes to spare senior doctors' tax bills
The government is consulting on changes to the NHS pension scheme that should protect the UK’s most senior and experienced…
Can I still claim my late husband’s contributions to top up my pension?
Chancellor Philip Hammond rules out pensions tax taper reform
The unpopular pensions tax taper system is here to stay. Chancellor Philip Hammond has defended the existing pensions…
Ban contingent charging on pension transfers to stop unsuitable investments, say MPs
The Work and Pensions Committee has repeated its calls to the Financial Conduct Authority to ban contingent charging for…
Pension savers fail to join up the dots between their cash and what it is invested in
An alarming number of pension savers do not know that their pension pots are actually invested in the stock market.Less…
Confused about your pension? You're not the only one...
The pensions industry has been confusing customers for decades.Statements written in jargon that…