All the updated news related to retirement savings

All the news related to retirement savings updated in real time

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City

Living costs surge ‘could be hitting retirement plans of over-55s’

The over-55s are most likely to be worried about the rising cost of everyday items, according to a “wealth and wellbeing monitor”. There are also signs this could be hitting some people’s retirement plans, as fewer people approaching pension age are ...

31 Jan 2022 at 12:55

Life

5 ways you can give your pension a bit more love

Pensions often sit in the background, getting little attention until the time approaches to start dipping into them. But with a bit of care, they can be helped to grow. Shona Lowe, a financial planning expert at abrdn (abrdn.com), cautions that not ...

17 Feb 2023 at 09:00

Personal Finance

‘Serious disparity’ around retirement savings of people identifying as LGBTQ+

One in four (25%) people who identify as LGBTQ+ are not saving for their retirement, a survey has found. The research was released by Scottish Widows to coincide with Pride Month in June. It also found that just under a fifth (18%) of people who ...

18 Jun 2024 at 09:42

Personal Finance

21% of new first-time buyers stretch mortgage terms for more than 35 years

Around one in five new first-time buyers took out mortgage terms stretching beyond 35 years in the first quarter of this year, according to a trade association. Some 21% of people taking their first step on the property ladder had home loans ...

03 Jun 2024 at 11:14

Personal Finance

27 ‘is typical age parents expect children to reach financial independence’

Twenty-seven is the age at which children are typically expected by parents to have stopped relying on them financially, a survey indicates. Yorkshire Building Society commissioned a survey of 2,000 parents of children aged five to 17 years ...

11 Aug 2025 at 10:54

Long-term triple lock commitment ‘out of scope’ of pensions commission

A long-term commitment to the triple lock on pensions is not in the scope of the resurrected Pensions Commission, Liz Kendall has said. The Work and Pensions Secretary has announced that she is reviving the commission, which last met in ...

21 Jul 2025 at 15:19

Retirement specialist warns of pensions pitfalls amid market turmoil

Pension savers are being warned to watch out for certain risks and pitfalls amid sliding markets. Global markets have been rocked by US President Donald Trump’s imposition of tariffs, with ongoing turmoil and uncertainty about trading ...

09 Apr 2025 at 15:18

Personal Finance

Awareness of Sharia-compliant pension options should be increased, says IFS

More should be done to raise awareness of Sharia-compliant retirement savings schemes among Muslim employees, according to the Institute for Fiscal Studies (IFS), which highlighted pension opt-out gaps among workers from different ...

23 Jan 2025 at 00:01

Personal Finance

Hotspots where households have ‘most and least financial resilience’ identified

A study into households’ financial resilience has placed Wokingham, Elmbridge and St Albans at the top. At the other end of the spectrum, Hull, Nottingham and Liverpool were at the bottom of the rankings, published in Hargreaves ...

21 Jan 2025 at 00:01

Personal Finance

Some pension savers ‘expect to cut contributions after salary sacrifice changes’

More than a quarter of pension savers in salary sacrifice schemes are aiming to boost their contributions before a squeeze on the schemes takes effect, a survey indicates. And around one in 10 said they expect to decrease their ...

07 Jan 2026 at 00:25

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