Half of adults unaware of their State Pension amount – Standard Life
The research revealed that 31% of people nearing retirement also did not know their pension amount.
45% of adults expect to work beyond their State Pension to make up for shortfalls
Phoenix Insights research found widespread financial vulnerability, with a third (35%) of those aged 60 to 65 having no private pension savings at all.
12 million pensioners could face higher tax bills as State Pension increases, warns Royal London
The boost, driven by the ‘triple lock’ mechanism, will bring the full State Pension to £12,014 per year, edging it closer to the tax-free threshold of £12,570.
Only 15% know that pensioners get more out of a state pension than they pay in, study finds
The study by YouGov found that 43% of people believed that an average pensioner retiring today will get less from their state pension than they paid in.
State pensioners in line for ‘above-inflation’ triple lock boost
Following the latest inflation announcement this morning, state pensioners are set to recieve an 'above-inflation' triple lock boost, according to Aegon.
Employers urged to raise awareness of state pension deadline – Hymans Robertson
Filling gaps in National Insurance Contributions (NIC) records dating back to 2006 could significantly boost state pension incomes.
WASPI women continue fight for pension compensation, report reveals
The WASPI group argued women were not properly informed that their state pension age would increase from 60 to 65 (now 66).
Single pensioners face significant income shortfall compared to couples, research finds
The research found that a single pensioner relying on the full State Pension faces an income shortfall of £2,897 annually.
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.
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.
State Pension to increase by 4.1% as CPI drops to 1.7%
State Pension increases of 4.1% for 2025/26 will outstrip general price rises for the second year running.
Delayed retirement likely for millions as UK pension savings gap widens
New research shows 38% of UK adults are not on track for even a minimum retirement lifestyle, with many expecting to work longer due to inadequate pension savings.
