In a chart with the modelling published by the DWP, the Government’s Actuary Department predicted that the current strategy ...

A decade ago, pension savers were granted a new right: to take cash out of their pension pots however they pleased from age 55. Dubbed “pension freedoms”, the new rules came into effect on 6 ...

But now most depend on you sacrificing chunks of your salary and watching a pot grow (slowly). However, most employers will at least match your pension contributions - some even put in more.

So, how much do you actually need to save at different stages of life to reach a £1m pension pot by retirement ... the minimal threshold.” In the UK, the minimum threshold for employer pension ...

Taxing lump sums taken out of pension pots might also look like a 'juicy' way of bringing in money, director Paul Johnson said. A 'wealth tax' demanded by many left-wingers and capital gains ...

The age at which you’ll be able to retire will depend on the size of your ... needing larger pension pots given they’re expected to live longer than men. In the UK, the average life expectancy ...

Whether you’re saving for retirement or have already started taking an income from your pension using drawdown, rising living costs can eat into the value of your pot and your spending power ... Check ...

Spring statement documents said the Government is ‘looking at options for reforms’ to Isas ‘that get the balance right ...

Concerns have been raised that the annual cash ISA allowance could be slashed from to £4,000, from £20,000 - and Rachel ...

Millions of workers across the UK are set to receive a boost in their ... contributions and enable employees to build up larger pension pots.” For full-time workers earning the new National ...