pensions

This year’s retirees to enjoy record-breaking incomes

Friday, 12 January 2018 | News

People retiring in 2018 will have an average income of £19,900 according to new research from Prudential.

Ask the Experts: How can I get a state pension if I've never paid towards it?

Friday, 12 January 2018 | Question and Answer

Men born after 5 April 1951 and women born after 5 April 1953 are automatically eligible for the new state pension if they have accrued at least 10 ‘qualifying years’ of national insurance contributions (NICs).

Pension funds grow for sixth consecutive year

Thursday, 11 January 2018 | News

Pension holders will be cheered by the news that pension and drawdown funds have had another good year – reaching six consecutive years of growth.  

State pension fund could run out as soon as 2032

Wednesday, 10 January 2018 | News

The balance of a fund that pays the state pension is expected to “fall rapidly to zero around 2032”, according to the Government Actuary’s Department (GAD).

Pension companies – the firms leaving clients waiting for transfer forecasts

Tuesday, 09 January 2018 | Article

Providers are taking months to give financial advisers the forecasts they need to offer advice on pension planning and transfers. Moneywise investigates to find out who is at fault and what can be done.

Esther McVey appointed new minister for pensions

Tuesday, 09 January 2018 | News

Tatton MP, Esther McVey has replaced David Gauke as secretary of state for work and pensions as part of Prime Minister Theresa May’s new year cabinet reshuffle.

Money troubles to cause spike in divorces

Monday, 08 January 2018 | News

Financial problems are the most common reason for divorce, ahead of work stress and not spending enough time together, new research from law firm Slater and Gordon has found.

Should the pension auto-enrolment age fall? Eight in 10 Moneywise users say ‘yes’

Friday, 05 January 2018 | News

More than eight in 10 (83%) Moneywise.co.uk users believe the pension auto-enrolment age should be reduced, according to the results of our latest poll.

Your shout: Moneywise readers have their say in December 2017

Friday, 05 January 2018 | Blog | By Helen Knapman

Each month we publish the best comments, emails and letters from our readers. Here are the best of December 2017.

Hidden treasure: Unearth your lost accounts

Thursday, 04 January 2018 | Article

Thousands of pounds could be lying in dormant accounts and lost pensions. Here’s how to track down your cash.