Pensions & Retirement
“Smart financial decisions are a lifelong habit” says Moneyfarm’s Chris Rudden
Rudden advised saving and investing 10% to 20% of salary each month, increasing the likelihood of retiring with £1m rather than nothing.
Pensions & Retirement
Pensions & Retirement
Investing in children’s pensions could boost retirement savings – Standard Life
Investing £300 each Christmas into a child’s pension from birth to age 18 could create a pot of £7,390 by age 22.
News
Government ‘kicks pensions adequacy review into the long grass’ after Budget employer tax hit
The UK government has reportedly decided to postpone a major review into pensions adequacy, following concerns about further financial burdens on employers after recent tax increases announced in the Budget.
News
Only 40% know their pensions are invested in the stock market – Hargreaves Lansdown
This lack of understanding was described by Helen Morrissey as a “pretty fundamental misconception.”
News
Just Group secures £17m full-scheme buy-in with unnamed pension scheme
The transaction insured the benefits of all 54 scheme members.
News
Most over-50s unaware of pension rule that cuts annual contribution to £10,000 – Standard Life
80% of over-50s in the UK are unaware of the MPAA, a rule that can significantly impact their pension contributions.
News
“Change is well overdue” as pension transfers plagued by issues three years on from regulation – Quilter
Despite the introduction of pension transfer regulations three years ago to prevent fraud, major issues persist.
News
Pension funds headed for another year of strong returns, banks predict
Pension funds could be headed for another year of strong returns in 2025, according to predictions from investment banks.
News
More than half of retired women rely on state pension, research finds
Aegon’s latest research revealed that 54% of retired women rely on the State Pension compared to just 28% of retired men.
Pensions & Retirement
TPR publishes updated covenant guidance for trustees of DB schemes
The guidance provides the market with greater certainty over how TPR expects trustees to assess their employer covenant.
News
More than 100,000 former mineworkers receive pension increase following Government action
The payment followed the Government’s reversal of what Secretary of State for Energy Ed Miliband referred to as "an historic injustice."
News
Standard Life invests in labelled pension funds under SDR regime
Standard Life is integrating the new labelling regime to help investors and savers better understand a fund’s sustainability objectives.