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.
‘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.
Standard Life urges action to prevent poor retirement outcomes
Though there is a market for financial advice, the firm argued that it currently serves only a wealthy subset of the population.
Overtime pay could boost retirement income by £125,000 – Standard Life
Some industries, like manufacturing and construction, routinely offer paid overtime at typically 1.5-times the normal rate of pay, potentially creating a sizeable extra pool of earnings to dip into.
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.
Pension shortfall looms for workers leaving the workforce early
Exiting the workforce early could reduce one’s pension by up to £150,000, warns Standard Life.
