Pensions & Retirement
Survey reveals only 24% willing to work until age 70 to maintain triple lock
In contrast, over half (54%) said they wouldn’t work longer, while 23% were unsure.
Pensions & Retirement
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20 years to close the gender pension gap without decisive action, research finds
The current average gap in pension savings at retirement showed women trailing men by about £100,000.
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Gen X apprehensive about pensions -Standard Life
Gen X were more negative about their retirement prospects, with 54% worried their finances would not last, compared with 31% of older Baby Boomers.
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Aegon reveals intention to launch pensions dashboard
This followed the FCA's recent publication on the regulatory framework for pensions dashboard service firms.
Pensions & Retirement
Pension stakeholders can alter DB scheme strategies – Hymans Roberston
The firm warns that personnel changes can transform the objectives a DB scheme aims to achieve.
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Surge in ISA and pension contributions due to tax raid fears pre-Budget
Pension withdrawal requests more than doubled in October compared to the previous year.
Pensions & Retirement
West Bromwich Building Society pension scheme completes £70m buy-in with Canada Life
This transaction secures the benefits of all uninsured scheme members, covering about 490 deferred members and 400 pensioner members.
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‘DINK’ couples could double retirement savings – Standard Life
Those who consider funnelling more of their money into their pension pots could boost their retirement prospects, even if they decide to have children later in life.
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Unite launches judicial review process over Winter Fuel Payment cut
Unite said the Government's actions would affect millions of older people, and likely cause an increase in cold related deaths.
News
Autumn Budget 2024: State Pension Triple Lock remains
The government has decided to maintain the State Pension Triple Lock for the duration of this Parliament.
Pensions & Retirement
National insurance increase may drive employers to salary sacrifice pensions – Evelyn Partners
Chancellor Rachel Reeves is expected to raise the National Insurance Contribution rate for employers by 1% to 2% in the Budget tomorrow.
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Stormont party leaders pledge opposition to winter fuel payment cuts
Party leaders called on the UK Government to reverse its plans to means test the winter fuel payment.