8 in 10 people ‘in the dark’ about pension savings

Most pension savers are unsure if they are saving enough to afford the lifestyle they want in retirement, research from the Pensions and Lifetime Savings Association (PLSA) shows. A survey of 1,500 UK adults found that 80% have no idea if they're saving the right...

1 in 4 people expect to work to age 70

More than a quarter of people think they will still be working when they are 70 years old, research has found. Pensions and life insurance firm Aegon polled 700 adults from age 18 to 64, and found that 27% expect to be working either full or part-time at 70. In...

Cashing-in pension pot could cost savers

Savers who take some of their pension pot in cash could be losing out on retirement income, a regulator has warned. A report by the Financial Conduct Authority (FCA) found that some drawdown customers could receive 37% more retirement income every year by investing in...

Parents urged to take up tax-free childcare

Parents are being encouraged to take advantage of the government's tax-free childcare scheme to help manage childcare costs over the school holidays. YouGov polled 334 parents of children aged 16 and under on behalf of HMRC, and found that 31% felt stressed trying to...

IPSE recommends ‘sidecar pension’ for the self-employed

A 'sidecar pension' scheme could help increase retirement savings among the self-employed, according to the Association of Independent Professionals and the Self-Employed (IPSE). This scheme would allow savers to divide their contributions between a pension pot and a...
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