News
The true cost of retirement: £36,480 per year
HL's Savings and Resilience Barometer finds moderate retirement costs at £25,000 annually for singles and £36,480 for couples, highlighting planning challenges.
Pensions & Retirement
News
Third of independent schools withdraw from Teachers’ Pension Scheme
Since 2019, 580 schools have notified the Department for Education of their intent to withdraw.
News
Hymans Robertson appoints new heads of private sector actuarial services and large DB scheme solutions
Hymans Robertson appoints new heads of private sector actuarial services and large DB scheme solutions
Pensions & Retirement
Tax simplification should top Chancellor’s agenda, says Hargreaves Lansdown
Hargreaves Lansdown urges Chancellor Rachel Reeves to prioritise tax simplification and avoid further complexities in the tax system.
Employee Relations
Culture, cost and confusion are stopping school leaders taking phased retirement
The survey of more than 500 school leaders aged 50 and older found more than half (53%) would consider taking phased retirement, but almost a third (30%) of them don’t believe it will be possible.
Pensions & Retirement
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.
News
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.
News
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.
News
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.
News
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.
News
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.
Pensions & Retirement
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.