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 ...
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 ...
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 ...
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 ...
The DWP is warning that people who defer their state pension in a bid to build a bigger retirement kitty will not always get more cash. Some people may not realise that you do not get your state ...
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 ...
It will then calculate what size of pension pot you’re on track for, and what kind of income this could produce. Some will also show how far short you are of what most people in your ...
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