retirement

English care system outdated and underfunded, Age UK warns

Wednesday, 29 August 2018 | News

Charity Age UK has condemned the English care system for being outdated and underfunded compared to other developed countries.

Public sector pensions triple the size of private sector counterparts

Tuesday, 28 August 2018 | News

Public sector workers will retire on pensions that are three times larger than those working in the private sector, research from campaign group the Taxpayers’ Alliance has found.

Two thirds of over-50s workers put retirement plans on hold

Monday, 13 August 2018 | News

The majority of workers who are aged 50 and over plan to retire later than they would have expected to 10 years ago, according to Aviva.

My partner is near retiring. Should she invest a large sum in a private pension?

Wednesday, 08 August 2018 | Question and Answer

The right approach for you and your partner will depend on your circumstances, financial goals and attitude to risk.

Vulnerable widows reluctant to downsize

Monday, 30 July 2018 | News

Elderly widows are reluctant to downsize to tackle their financial problems, according to new research from Key Partnerships.

One in four workers over 40 fears outliving their savings more than death

Monday, 30 July 2018 | News

One in four workers aged over 40 fears outliving their savings more than dying, new research from Leeds Building Society shows.

Retirees risk pension tax shock

Friday, 20 July 2018 | News

As many as one in 10 (10%) of people retiring this year plans to take their entire pension as a cash lump sum, according to research from Prudential, while one in five (20%) plans to cash in more than their tax-free...

Millions of people risk financial chaos by refusing to talk about death

Thursday, 19 July 2018 | News

A reluctance to talk about death means many over 55s could be missing out on the opportunity to sort out their finances before they die.

Pension schemes 'not getting best value for money' for members

Wednesday, 18 July 2018 | News

Pension savers are not getting the best value for money from their pension schemes, according to findings from the Competition and Markets Authority (CMA).

I took a pension withdrawal and paid tax when I shouldn’t have

Wednesday, 18 July 2018 | Question and Answer

As it currently stands, there are two options available to people looking to take ad hoc withdrawals from their pension pot. These are called flexi-access drawdown and uncrystallised funds pension lump sum (UFPLS).