Millions to retire on less than minimum wage

Piggybank

More than six million Britons aged over 50 have no pension plan in place and look set to rely on the state for retirement income, a new report has found.

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State and private pensions explained

Three jars of coins
Most people’s retirements are funded from two main sources - the state pension and their own private pension. We take a look at how both types of pension work.  Read More…

Are you ignorant about pension auto-enrolment?

An old couple taking a walk

Do you know what auto-enrolment is and how looming changes in pensions law could affect you? If not, you’re not alone.

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Research predicts surge in older people needing long-term care

An old couple taking a walk

The number of people needing long-term care will surge by 2025 as a result of increased life expectancy, according to a new report by retirement specialist LV=.

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Pension savers warned to expect lower payouts

A ten pound note puzzle
Millions of pension savers are to have the expected value of their retirement income cut following a report commissioned by industry regulator Financial Services Authority.  Read More…

How retirement has changed and how to prepare

An old couple taking a walk

Today, if you want a comfortable retirement, you need to plan well in advance and hope that you can save enough to generate the pension income you need.

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When will you be able to retire?

An old couple taking a walk
The younger you are, the less likely you are to know exactly when you’ll be able to retire. Even for people in their fifties and, in some cases, sixties, it may not yet be clear when they will be able to stop working.  Read More…

Retired Brits £100bn in debt

Money down the drain
Retired Britons have total personal debts worth almost £100bn, according to new research. We look at how you can plan your financial future.  Read More…

Over-55s bailing out adult children

Wallet containing money and cards

Over-55s are throwing a lifeline to families drowning in a sea of bills but this is affecting their own finances, according to new research.

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Don't sell your final-salary pension

Piles of pound coins under an umbrella

Are you being offered a tempting cash sum to transfer out of a final-salary pension scheme? Don't fall for it, says the Pensions Regulator.

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