My Desired Income The latest analysis from Moneyfacts show that – despite the turbulence caused by the pandemic, the average annual pension fund returned 4.9% growth in 2020. The news for annuity incomes was not so good, however. Not helped by record low interest rates, average returns were down over 6% – their third consecutive […]

There has been a call for government-backed training schemes to support older jobseekers back into the workplace after employment figures show that the long-term growth in employment for those aged over 50 in the UK has stalled as a result of the pandemic. New Labour Market Statistics show that older workers, together with the under […]

Planning for retirement is something most of us avoid like the plague. Conversely, many of us worry if we will *ever* have enough to retire. But there is a quickfire solution to both those conundrums that won’t cost the Earth… Did you know that the average time that we spend between retiring and shuffling off […]

Once again, the call has gone out (this time by Age UK) to create a Minister to represent the interests of older people in England. Why does the Government stubbornly continue to refuse to consider it? Did you know that we have a Minister for Children (and Families)? Or one for Women (and Equalities)? And […]

It’s nearly six years since the introduction of Pension Freedoms, which were intended to give savers greater choice and control over their Defined Contribution retirement funding. But a new report issues a stark warning that up to three quarters of savers are at risk of running out of funds during their retirement years – and […]

We recently launched an anonymised survey in conjunction with AgeWage to test the temperature on how those heading into retirement were being affected by the pandemic. Because the situation is still evolving, we have left the survey open and you can still take part by clicking here: Survey But in the interim we wanted to […]

The health and financial impacts of the pandemic are threatening to open a divide between the generations, writes Tony Watts OBE, later life campaigner and RetireEasy director. For some time now there has been an increasingly loud drumbeat coming from a variety of “thinktanks” (aka pressure groups) arguing that younger people are getting a bad […]

Without taking action, women currently earning an average UK salary could end up with more than £70,000 less in their pension pot at retirement than their male counterparts, new figures suggest. The long-standing pension gender gap reflects the pay gap between men and women in the workplace: many women spend much of their lives working […]

One of the UK’s biggest banks is being stretched to its limits by Covid – however, it’s not one with branches on the High Street, but the ever-reliable “Bank of Mum and Dad”. New research from interactive investor’s Great British Retirement Survey shows that: More than half (51%) of parents already retired had helped their […]

The latest ONS figures for life expectancy in the UK have highlighted the growing concern in the pensions sector about whether many people have enough savings and investments put aside for a comfortable retirement. The average life expectancy in the UK in 2017 to 2019 was 79.4 years for males and 83.1 years for females, […]