I haven’t saved enough into my pension. My years as a single mum who worked for myself meant making ends meet was a massive ...
Current rules allow most savers to take 25pc of their pension pot tax-free once they reach the age of 55, up to a maximum of £268,275. But prior to October’s Budget, ministers were reported to ...
Do I think it will increase? Yes, it will.” A pension pot is considered to be lost when the pension provider that manages it is no longer able to contact the saver who has the rights to it.
It seems men are more likely to say they know the process, with 55% knowing how to boost their pension pot compared to just 39% of women. Pay rises can give some savers an opportunity to consider ...
This dip could seriously cramp pensioners’ retirement style. If you look at current annuity rates, having a pension pot of £250,000 means that your monthly income would stand at £1,007 ...
A large pension pot can help prepare for the ever-rising cost of living in retirement. High bills and uncertainty about the future of the state pension means it is important to prepare financially ...