All the updated news related to living pension

All the news related to living pension updated in real time

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Personal Finance

Half a million more pensioners ‘could be dragged into tax net’

Over half a million more retired people could be dragged into the “tax net” next year, according to a former Liberal Democrat pensions minister. Sir Steve Webb, who is now a partner at pensions specialists LCP (Lane Clark & Peacock), said frozen ...

21 Sept 2022 at 01:01

Personal Finance

Workplace pensions provision should be levelled up, MPs told

There should be a “levelling up” of workplace pensions provision, with minimum contributions being increased in the coming years, MPs have heard. Nigel Peaple, director of policy and advocacy at the Pension and Lifetime Savings Association ...

23 Feb 2022 at 11:25

Personal Finance

Two-thirds of those starting retirement in 2022 ‘plan to continue working’

Two-thirds (66%) of people starting their retirement this year do not expect to give up work completely as living costs surge, according to a survey. This compares with just over half (56%) of those who retired last year and a third (34%) ...

30 Mar 2022 at 01:25

Market turmoil ‘has exposed vulnerabilities in the UK’s pension sector’

The economic fallout from last week’s mini-budget has exposed vulnerabilities in the UK’s pensions sector, according to an expert. The Bank of England has been forced to launch an emergency bond-buying programme to prevent borrowing ...

28 Sept 2022 at 18:31

Personal Finance

4% of pension holders consider pausing retirement saving as costs surge – survey

One in 25 (4%) pension savers would consider pausing their retirement saving in the next 12 months as living costs bite, a survey has found. The same proportion (4%) said they would think about reducing the amount they pay into ...

16 Dec 2022 at 00:01

Who are the winners and losers from the Budget?

The Budget has produced some “winners” who could get a boost or see the pressure on their financial situation eased, as well as “losers” who will feel more of a squeeze on their wallets. Here is a look at how people have been ...

15 Mar 2023 at 16:46

Personal Finance

Nearly a quarter of pension savers ‘review their pots less than once a year’

Around one in six (16%) retirement savers have never reviewed their pensions, according to a survey. The research, released during Pension Awareness Week, (September 11 to 15), indicates that nearly a quarter (24%) of savers ...

13 Sept 2023 at 00:01

Personal Finance

Automatic enrolment pension thresholds will remain the same for 2023-24

Workplace pensions thresholds under automatic enrolment will remain at their current levels in 2023-24, as households balance saving for their future with day-to-day living costs. This includes the earnings “trigger” at ...

26 Jan 2023 at 14:09

Personal Finance

More reassurances needed as people lose faith in state pension age, MPs told

More should be done to give people reassurances over the age at which they can expect to retire, a committee of MPs has heard. Sally West, policy manager at Age UK, highlighted people’s perceptions that the “goal ...

22 Feb 2023 at 12:13

Personal Finance

Only 19% of middle income earners aged 32 to 40 ‘feel prepared for retirement’

Less than a fifth (19%) of people on middle incomes who are aged between 32 and 40 years old feel prepared for how they will fund their retirement, a survey indicates. People were defined as being on a middle ...

18 Oct 2023 at 12:12

Personal Finance

Grime artist Big Zuu urges people to pay attention to their pensions

Grime artist and TV cook Big Zuu is at the forefront of a new pensions industry campaign encouraging people to pay attention to their later life savings. Eight in 10 employees in the UK have a workplace ...

08 Sept 2022 at 01:01

Personal Finance

Proposals to expand pension saving to younger adults backed by Government

Proposals which could lower the age at which people are automatically placed in a workplace pension to 18 are being backed by the Government. Currently, employers must automatically enrol workers into ...

03 Mar 2023 at 17:48

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