retirement

Final salary scheme members seeking transfers told to expect delays after High Court ruling forces Lloyds to increase benefits for women

Tuesday, 13 November 2018 | News

Final salary scheme members wishing to trade their guaranteed income for a cash lump sum are being warned to expect delays following a recent ruling in the High Court.

Three quarters of over-55s risk a poorer retirement because they don't know smoking and bad health can RAISE annuity payments

Tuesday, 23 October 2018 | News

Retirees are at risk of receiving lower rates when purchasing annuities because the vast majority incorrectly believe disclosing health conditions will reduce the income they can receive.

Free TV licences for over-75s could be scrapped

Wednesday, 17 October 2018 | News

Over 75s may have to pay the licence fee in future, as study reveals prohibitive cost of funding the concession. 

State pension 2019: Retirees will get an extra £220 next year, new figures reveal

Wednesday, 17 October 2018 | News

The state pension will rise by around £4.25 a week or £220 a year from next April, new figures reveal. 

10 things you need to know about your pension

Tuesday, 16 October 2018 | Article

Your pension is one of the most tax-efficient ways to save money over the long term. But do you know how to make the most of these benefits? Here are some useful pointers

One in three under 35s risk poverty in retirement because they are saving for a home over a pension

Thursday, 04 October 2018 | News

Millennials are prioritising saving for a mortgage over their pensions, risking the outcome of a lower income in retirement, new research from Prudential suggests.

Should I buy back my missed pension years?

Wednesday, 26 September 2018 | Question and Answer

To be eligible for the full state pension, which is currently £164.35 a week, you will need to have at least 35 qualifying years of NICs – or credits that you are given as a carer or because you are in receipt of other state...

English care system outdated and underfunded, Age UK warns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Charity Age UK has condemned the English care system for being outdated and underfunded compared to other developed countries.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