Retirees ‘not fazed’ by market volatility

Most retired people are choosing to keep their pension savings invested in the same place, despite worries about volatile market conditions. Research by Aegon found that 43% of retirees are concerned about the impact of current market conditions on the sustainability...

Drawdown savers risk running out of pension income

Less than half of people using income drawdown to access their pension pot have a high chance of that income lasting them for the rest of their life, analysis by Royal London has shown. Data from Royal London's drawdown governance service shows that 47% of drawdown...

Cost of moving rises above £10,000

Homebuyers need to cover more than £10,000 on top of their deposit to move house, a study by Post Office Money and the Centre for Economics and Business Research has revealed. The most significant costs making up this figure are estate agent fees, at an average of...

State pension age rises to 65 for women

The state pension age for women has increased to 65, as of 6 November 2018. This change means women now qualify for their state pension at the same age as men, after decades of different treatment. The pension age for women has been rising gradually from 60 to 65...

Lost pension pots total £20bn

Around 1.6 million pension pots worth almost £20 billion remain unclaimed by savers in the UK, according to research by the Association of British Insurers (ABI). A survey of 12 large insurers, covering around half of the defined contribution pensions market, found...