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 ...
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 ...
Pension freedom changes delivered great opportunity but also thrust a huge amount of responsibility onto retirees. The Chancellor's pension revolution was hailed as the end of the scandal of ...
First of all, when can you actually afford to retire and what kind of lifestyle will your pension pot be able to fund? Don't miss the latest investment and personal finances news, market analysis ...
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 ...
When discussing how individuals can access their pension pot, Mr Ambery outlined several paths, including taking some or all of the pot as a cash lump sum, but he cautioned: "Beware of that.
The Congress of South African Trade Unions (COSATU) celebrates President Cyril Ramaphosa’s historic signing of the Pension Funds Amendment (PFA) Bill, one of two critical Amendment Acts that will ...
However, private-sector employees usually get a new pension pot every time they move employer. So by the time people reach retirement, they can end up with their pension savings scattered across ...
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.