pensions

Cancelling child benefit costs 50,000 women 'vital' pension rights

Tuesday, 28 March 2017 | News

The number of mothers who are missing out on vital state pension rights, because they haven’t claimed child benefit, has doubled over the last two years.

Increase pension age sooner and scrap triple lock, argues new report

Thursday, 23 March 2017 | News

The age at which people receive their state pension should increase and the government’s “triple lock” should be withdrawn, an independent report has recommended.

Six in ten retirees left in the dark after shunning pension advice

Wednesday, 15 March 2017 | News

More than six-in-ten people aged over 55 do not plan to take any financial advice when they retire, something that could cost them thousands of pounds in later life.

Keeping pensions 'triple lock' would push state pension age beyond 70

Tuesday, 28 February 2017 | News

Keeping the pensions 'triple lock' beyond 2020 will result in the state pension age increasing above the average life expectancy for men who live in deprived areas, a report from the Work and Pensions Committee has warned...

Nearly two-thirds of pension pots fully cashed in

Friday, 24 February 2017 | News

Two years on from the launch of the pension freedoms, a new report by the Financial Conduct Authority shows what the changing retirement income market looked like in the third quarter of 2016.

Mind the gender gap: women facing £47,000 pension shortfall

Wednesday, 22 February 2017 | News

Women live longer than men, but when it comes to employer pension contributions they are losing out due to the gender pay gap.

Why it isn't safe to take 4% income from your pension

Monday, 13 February 2017 | News

The '4% rule', the amount that retirees can safely withdraw from their pension pots, has been described as outdated.

Government launches £1.5k tax-free pension allowance for retirement advice

Friday, 03 February 2017 | News

People planning their retirement will be able to withdraw up to £1,500 from their pension pots tax-free to pay for financial advice, under plans unveiled by the government today.

Retirement incomes at highest since financial crisis

Friday, 27 January 2017 | News

The average income for a person retiring in 2017 is £18,100 a year, according to the latest research from Prudential.

Pensions: What to watch out for in 2017

Wednesday, 18 January 2017 | News

In recent years the pensions landscape hasn’t stood still for long.