Looming pension pitfall

Looming pension pitfall

Looming pension pitfall £50 billion of hard-earned pension funds could be in jeopardy Recent investigations by the Centre for Economics and Business Research have illuminated a daunting predicament facing the United Kingdom’s pension sector[1]. An alarming £50 billion...
Reliance on Defined Benefit pensions among over 50s

Reliance on Defined Benefit pensions among over 50s

Reliance on Defined Benefit pensions among over 50s Diverse avenues through which individuals plan to supplement their retirement income Recent research reveals that a significant proportion of individuals over 50 years old anticipate relying on secure income sources,...
UK retirees confronting pension shortfalls

UK retirees confronting pension shortfalls

UK retirees confronting pension shortfalls Many regret not having commenced their savings journey earlier in their careers UK retirees are encountering significantly smaller pension pots than they had anticipated, with a considerable number expressing regret over not...
Employee preferences in Workplace Pension selection

Employee preferences in Workplace Pension selection

Employee preferences in Workplace Pension selection Complex landscape of employee preferences, confidence and skills Recent developments have seen the government introduce a Lifetime Provider model for workplace pensions, a move that has sparked considerable interest...
Strategic reinvestment of State Pension increases

Strategic reinvestment of State Pension increases

Strategic reinvestment of State Pension increases When transferring into a personal pension may make sense Following the 8.5% rise in the annual State Pension from 6 April, the redirection of this enhanced income into private pension savings could make sense under...