New legislation which received Royal Assent on Wednesday 29 April should mean over 20 million pension savers getting better value from their providers to the tune of an average £29,000. The Pension Schemes Bill has had a bumpy ride through the parliamentary process – not least over the controversial “mandation” reserve that allows the government […]

New research from LV= has provided the wish list for those in or approaching retirement when it comes to their retirement income. What matters most as retirement day gets closer?  New research from investment, protection and retirement specialist LV= reveals that more than half of UK adults aged 61-79 (56%) say that certainty is the […]

The number of years we can expect to spend in good health is falling, according to a new report. But what are the financial implications for those saving for their retirement? By Tony Watts OB For those of us involved in the later life sector for some time, the latest official figures from the Health […]

Many savers looking to move their hard-earned money to where it’s going to work hardest towards their pension income are being let down, according to new data from PensionBee, a leader in the consumer retirement market. The new figures show that reveals that the slowest pension providers and administrators are taking up to 18 times […]

The war in the Middle East may be putting a few extra pence every day on a litre of fuel, and be keeping business and political leaders awake at night… but one corner of the retirement income sector looks set to benefit. So what does it mean for current and future retirees? Some experts are […]

Over half of those termed “Gen X” (born between 1965-1980) are reported to be facing a financial cliff-edge in their retirement, with 7.5 million (54%) having inadequate savings, and 2 million (15%) having no housing equity or investments to fall back on. A worrying new report from The Social Market Foundation (SMF), a leading cross-party […]

Asset managers Fidelity International have issued a stark warning to self-employed higher-rate taxpayers, as new figures reveal that some 61 per cent of were not contributing to a pension in 2022/23. In addition, it found that almost half (48 per cent) of self-employed additional-rate taxpayers were also not contributing to a pension. This means that, […]

Think you can still strut your stuff wearing the latest fashion and impress people? Waltz into an interview and expect to get the gig? Or sort out an IT problem? If you’ve reached a certain age, it’s time to think again… If you believe our society is ageist, you’d probably be right… not least when […]

The Office for National Statistics has just published new data showing the number of years people born in the UK could expect to spend in “good” general health – and it’s not great news for many people looking to keep working into their 60s or beyond… or facing the prospect of giving up work to take on […]

Financial experts are advising higher earners to move quickly to use their self-assessment tax return to claim back up to four years’ worth unpaid tax relief on pension contributions. It is estimated that millions of higher-rate taxpayers may be missing out on reclaiming valuable pension tax relief — with £1.3bn left unclaimed over five years. […]