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).

Don’t let wealth worries ruin your retirement

Wednesday, 18 July 2018 | Blog | By Jeff Prestridge

Do I have sufficient financial assets to last a lifetime? Hand on heart, I do not know – and I imagine I am not alone in my financial ignorance.

Surrey pensioners pay most tax

Monday, 09 July 2018 | News

Surrey pensioners are paying £945 million in in tax every year, according to a Freedom of Information request from mutual insurer and pensions firm Royal London.

Savers 'vastly underestimate' the cost of retirement

Tuesday, 03 July 2018 | News

Savers’ expectations for the cost of retirement are much lower than how much they’ll actually need, according to investment management firm Schroders.

Get the retirement you want

Wednesday, 27 June 2018 | Article

I once heard retirement described as 500 holidays: if you retire at 65 and live for 20 years, that’s 7,305 days to fill. Break this up into two-week holidays and you have to plan for about 500.

Equitable Life shuts down - what should policyholders do?

Monday, 18 June 2018 | News

Legacy policyholders still with the pension company are due a windfall.

Here’s why women retire on £4,900 a year less than men

Thursday, 31 May 2018 | News

There is a retirement income gender gap in the UK – here’s what needs to happen for it to close