Retirement lifestyle

With a crisis in social care funding looming, here’s how you can plan to pay for yours

The combination of improving longevity and an ageing population means growing numbers will need some form of care in old age.

Over 50s juggle supporting families with retirement plans

Wednesday, 27 September 2017 | News

One in five (19%) over 50s faces pressure to work for longer due to juggling their children’s or parents’ financial needs with their own retirement prospects, a new report has found. 

True money stories from smart people: Who really wants to retire anyway?

Tuesday, 19 September 2017 | Article

Would you like to retire at 40? It’s easy. Spend nothing, stay indoors, eat baked beans and save water by crying into the toilet cistern so you won’t need to flush.

Government urged to allow tax-free pension withdrawals to fund entrepreneurship

Thursday, 07 September 2017 | News

Pensioners with an entrepreneurial spirit should be allowed greater tax-free access to their pension pots in order to fund business ideas, according to the Institute of Directors (IoD).

West Sussex is the most attractive county to retire to

Monday, 21 August 2017 | News

West Sussex is the county with the highest quality of life for pensioners, according to analysis by Prudential. Dorset comes second and East Sussex comes third as most attractive retirement counties.

Power of attorney leaves elderly open to abuse, claims senior judge

Wednesday, 16 August 2017 | News

Insufficient safeguards on lasting power of attorney (LPA) agreements are leaving elderly and vulnerable people open to abuse, according to a retired senior judge.

EU countries top Britons’ favourite retirement destinations despite Brexit

Tuesday, 08 August 2017 | News

Spain remains the most popular destination for retirees looking to start a new life overseas, according to the latest research from Retirement Advantage. It’s followed by France, Portugal and Italy.

‘Pension freedom’ withdrawals hit an all-time high in second quarter

Thursday, 27 July 2017 | News

The number of people aged 55 plus accessing their pensions has hit its highest level since pension freedoms were introduced in April 2015, with £1.86 billion withdrawn by more than 200,000 people between April and June.

Failure to set up lasting power of attorney can be a costly disaster

Wednesday, 26 July 2017 | News

The vast majority of UK adults are yet to set up a lasting power of attorney (LPA), leaving the management of their financial and health affairs to chance.

Life expectancy has stalled since 2010

Tuesday, 18 July 2017 | News

Life expectancy has stalled since 2010, due to a rise in dementia deaths and squeezed health services, according to a new report by Sir Michael Marmot, director of the Institute of Health Equity at University College London....

A quarter of Moneywise users change plans to retire abroad following referendum

Friday, 14 July 2017 | News

A quarter (25%) of Moneywise users have changed their plans to retire abroad following the referendum vote for the UK to leave the European Union and the triggering of Article 50.