cost of living

Additional one in ten people have chosen to delay their retirement due to financial pressures

‘Toxic cocktail’ of inflation, rate hikes and government instability

Majority of PP survey respondents find that members are remaining in schemes

PLSA said schemes are responding to the crisis by providing extra support to their members

Industry says it is not down to schemes to help members amid the cost of living crisis

Industry fears crisis will cause savers to stop contributing to their pension

Other challenges include the new funding code and a need for more ESG guidance

The payment is in addition to salaries, profit shares, and other bonuses

Aegon said the new PM should look at pension investments, the LTA, and cost of living crisis

Research found 13% of savers have accessed pension savings earlier than planned