Telegraph Money reveals the average UK pension pot and what you will need for a comfortable retirement Experts say a “comfortable retirement” now costs around £43,000 a year, and with ...
According to the latest figures from the Department for Work and Pensions, the average single pensioner has an income of £13,884 a year. For couples, that jumps to £29,172 between them.
New measures to protect small pension pots from being eroded by charges have been laid in Parliament. The rules, which come into force from April 2022, mean pension savings invested in the default ...
Britons could boost their retirement savings by more than £73,000 by increasing their pension contributions by just five per cent from age 35, according to new analysis. The figures, revealed by ...
Currently there is over £31bn sitting in around three million lost pension pots. While under-saving for retirement has long been argued to be a ‘ticking time bomb’ for savers, in the coming ...
The Pensions Policy Institute (PPI) has published the findings of its international study on how other countries have dealt with increasing numbers of small, deferred member pension pots, emphasising ...