UK survey uncovers lack of pension awareness
A substantial number of adult Britons experience uncertainty regarding how much money they will receive for their state pension and when they can start to draw it, including individuals who are now approaching the age for retirement.
UK business affected by retirement uncertainties
A recent report has put a spotlight in the present state of retirement in Britain, and its impact on business activity across the country.
Financial planning is connected to retirement confidence
A recent research report has identified that effective financial planning is the antidote to a fall in retirement confidence.
London-based think tank makes case for higher pension contributions
New Financial, the think tank founded by former journalist William Wright, recently issued a report highlighting a growing need for an increase in pension contributions.
UK consumer champion issues warning to pensioners
English financial journalist Martin Lewis recently warned UK pensioners that they could be missing out on a £301 government payment. Lewis flagged the issue on his regular segment on Good Morning Britain, entitled ‘Wallet Wednesdays’, designed to assist people in navigating the cost-of-living-crisis. He announced that approximately one million people have around a fortnight to […]
Young UK savers believe they can’t count on state pension for future
A recent research report has uncovered that most young adults in Britain do not believe they can depend on a state pension for their retirement plans. The survey found that 50% of respondents in their 20s felt that the pensions offered by the time they reach retirement ages would be less generous than they are […]
UK study reveals care plans for over 60s
A recent survey has now uncovered that around six million of the UK’s over 60s intend to depend on the State Pension they receive in order to pay for the care they require in later life.
Is it worth consolidating your pension?
It’s common these days for individuals to accumulate a collection of small pension pots over the course of their career. Frequent job changes can mean that retirement savings can end up being complex. A few years’ service in several different jobs can result in pensions being dotted around – it’s a price that many people […]
Pension provision needs proper planning
Pension planning used to be a relatively simple process. Employees tended to stay in the same career for many years. Then, on reaching retirement age, they would either receive a company pension or use their savings pot to buy an annuity that would deliver a set annual income.
Investing During Retirement
WHY IT’S IMPORTANT NOT TO VIEW YOUR PORTFOLIO WITH AN ELEMENT OF FINALITY Retirement is a major accomplishment for most people. You’ve worked hard all of your working life to save and prepare for your retirement, and now you’ve finally retired. So how should you approach investing now that you’re no longer earning a salary? When it […]
