New research has found many people in the UK haven’t even started thinking about saving for when they stop working.
Millennials are on course to defy widespread pessimism about their retirement prospects and enjoy similar levels of retirement living standards to pensioners today, according to a new report published by the Resolution Foundation.
Theresa May is promising what she says would be the biggest expansion of workers’ rights by any Conservative government in history, if the party retains power.
People aged 30 and under face working until the age of 70 before they can qualify for a state pension under projections drawn up by two separate reports requested by the Government.
Almost half of over 55s believe they will work past retirement age, but three quarters of employees don’t think employers are doing enough to support older workers.
More than a quarter of a million pension savers a year are being left to “fend for themselves” when it comes to retirement decisions, new TUC analysis has revealed yesterday.
The release of a damning MP report pins down Sir Philip Green as responsible for the demise of BHS and huge pension blackhole for its employees.
Barriers to accessing pension savings will be removed it has been revealed in today’s Queen’s Speech while a new ‘Lifetime Savings Bill’ will establish a Help to Save scheme and Lifetime ISAs.
Pensions are difficult enough to deal with when you have spent all your working life in the UK, so imagine what it is like for professionals calculating their retirement pots after a working life spent abroad.
One year after the introduction of pension freedoms, employers are still grappling with the ways in which to educate their staff on pension reforms, with the popularity of government provision waning.
David Bird: How will the changing role of pensions affect the way employers deliver them to employees?
Since the launch of auto enrollment in the UK, employers are faced with the issue of making their scheme stand out whilst also ensuring that the necessary legal and regulatory requirements are being met. There are a few specific actionable areas that can really add value to your employees.
Over one-in-five people in the UK believe they will now need to wait at least until their 70s before they retire, including a small minority who do not believe they will ever be able to retire, according to a major new study of UK employees by Willis Towers Watson.
It has long been thought that as UK population rises and the age expectancy of that population also increases that the state pension will have to be altered in response. It has now been claimed by the Labour Party and supporting economic experts, that working people may have to wait until there 70s to retire.
Women have barely half the pension savings of men, according to a new TUC-sponsored report published today.
Many of those who plan to retire today have already surpassed pensionable age and opted to pass over retirement for a number of years. A study, released by the Prudential, found that many simply cannot afford to give up the office.