Research finds over a third of workers aged 50 to 59 fear running out of money in retirement
Industry dubs latest HMRC figures ‘absolute disgrace’ as more than £1bn is repaid to savers
The government has rejected calls to set out a timetable for increasing AE contributions
The IFoA looks at whether individuals have made informed choices about retirement
Sir Steve Webb says savers need to ‘de-couple’ taking tax-free cash from a decision about the rest of their pension pot
The loss could come from moving money from a pension to a cash account paying little interest
The government has confirmed the minimum pension age will rise from 55 to 57 by 2028 to coincide with the rise in the state pension age to 67.
The Pensions and Lifetime Savings Association (PLSA) has launched a call for evidence on a proposal for a solution designed to support savers navigating pension freedoms as they move towards retirement.
The number of people turning 55 and becoming eligible to use the pension freedoms will hit a peak of 941,000 this year, according to Aegon.
Pension transfer activity has dropped to the lowest level since the introduction of the pension freedoms, research by Lane Clark & Peacock (LCP) reveals.