We’re often told to save more for retirement, but have you ever stopped to think about how your pension pot compares to your peers? Is your pension wealth keeping up with the Jones’s?
To help savers work out where they stand, we’ve gathered data from the UK government and from leading pension providers to determine the national average pensions kitty, along with how pot size ...
The Congress of South African Trade Unions (COSATU) welcomes progress at Parliament on the Pension Fund Amendment Bill, which is one of two critical legislative amendments that will enable the long ...
The Congress of South African Trade Unions (COSATU) notes the release of Treasury’s two pot pension and savings reforms proposal (Revenue Laws Amendment Bill). The Federation welcomes the overall ...
If you retire at 67, your savings should last at least 15-25 years. Assessing Your Pension Pot The adequacy of your pension savings depends on various factors, including your desired retirement ...
State pensioners can add an extra £666 to their pension pot thanks to a little-known rule, but it will mean delaying your retirement for another year. You can currently claim the new State ...
If you have a final salary pension scheme, you may have heard about the option to transfer it into a pension pot. This process involves valuing your current pension to get something called a cash ...
When pension freedoms were introduced in 2015 ... “But that doesn’t help those people taking ad-hoc lump sums from their drawdown pot and still means the first payment for all will be ...
In order to retire on that desire sum of £48,900, retirees will need to have built a pension pot worth £696,000, plus qualify for the full state pension. Royal London says many people will ...