Fidelity’s analysis tracked the journey of a hypothetical individual who retired on 6 April, 2015 with a £100,000 pension pot invested entirely in global equities. Over the past decade ...
Savers are being urged to make one simple change to their monthly payments to potentially boost their retirement savings by up to £37,000. Experts say cutting out wasted direct debits and instead ...
Many Canadian politicians and business people aim to make that portion grow much larger — putting further pressure on the country’s pension model.
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 ...
A 65-year-old with a £100,000 pension pot can currently secure an annual income of up to £7,639 in retirement. This marks the highest level since December 2008, before the introduction of unisex ...
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 ...
Pensioners are opting to take larger sums from their retirement pot and pay higher rates of income tax in order to avoid their families being hit with a hefty inheritance tax bill in the future.
When it comes to starting a pension, the old adage holds true: The best time to start was yesterday, but the second-best time is today. This isn’t some cliched, throwaway advice either.
Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension pot of £100,000 and the ...
The Department for Work and Pensions (DWP) is handing out an extra £5,280 per year to people who claim the State Pension once they turn 80. The payment, known as the over 80 pension, brings their ...