Scottish Widows launches Retirement Matrix to address decumulation
The tool will help advisers have better conversations with customers and help them boost their retirement income.
Greens propose wealth tax raid alongside NI hike and pension tax relief overhaul
The Green Party proposes major tax reforms, including equalising CGT and dividend tax, increasing National Insurance, and overhauling pension tax relief, impacting investors, business owners, and workers.
Research reveals most over-50s want to work into their 60s and beyond despite barriers
Research by SunLife reveals that most over-50s want to work into their 60s and beyond, but face significant barriers such as ageism and inflexible working conditions.
One in ten retirees regret early pension withdrawals, Just Group research reveals
One in ten retirees regret early pension withdrawals, Just Group reveals. Nearly half received no advice before withdrawing pension cash, raising concerns over support.
State Pension could become unsustainable by 2035, says Adam Smith Institute
The Adam Smith Institute warns the State Pension could become unsustainable by 2035, urging urgent reforms to prevent fiscal crisis.
71% of adults call for increased auto-enrolment contributions
New research from Phoenix Group shows 71% of UK adults support increasing auto-enrolment pension contributions if current rates fall short, calling for a government review.
UK pension pot sizes see significant growth, PensionBee study shows
PensionBee's latest analysis shows a 16% increase in average UK pension pot sizes, with notable regional variations and persistent gender disparities in retirement savings.
The ‘lazy job’ trend may impact retirement savings, Standard Life warns
Standard Life warns that the growing trend of 'lazy jobs' could significantly reduce retirement savings, urging consideration of long-term financial security alongside current job satisfaction.
40% of retirees would change aspects of their retirement planning if given chance
A Canada Life survey finds that 40% of retirees would change their retirement planning.
TPR appoints COO and executive director
Nausicaa Delfas said: “Pensions are at a moment of great change, and we are changing too, becoming more market-facing and outcome-focused."
UK experiences notable rise in retirement age, outpacing the USA
A new study reveals the UK has seen a greater increase in retirement age than the USA over the last two decades, ranking 22nd globally according to OECD data analyzed by AgeCalculator.com.
