Pension pots and retirement savings are often the most money many people ever have access to, so it is important that those retiring in 2022 understand their options and make informed decisions.
Christmas is an expensive time of year with the cost of presents, food and entertaining, and according to MoneyHelper, a quarter of us are worried about going into debt as a result of the festivities this year.
New measures to protect pension savers and help stop scam transfers in their tracks will come into force on Tuesday 30 November
Health and wealth issues are the top retirement concerns, according to a new survey of workers approaching retirement (age 50+).
More than half of UK adults (51%) say that the pandemic has made them more conscious of the need to save more, with over a quarter (26%) saying it has made them recognise that they do not have enough savings, according to a new survey of working adults by WEALTH at work.
More than half of UK adults (51%) say that the pandemic has made them more conscious of the need to save more, with over a quarter (26%) saying it has made them recognise that they do not have enough savings, according to a new survey of working adults by WEALTH at work.
New research from WEALTH at work has uncovered the varying impact the pandemic has had on retirement plans.
Pension scheme members now have to grapple with a multitude of risks which have become increasingly complex and uncertain.
Someone aged 45, with a pension fund of £400,000 and a salary of £50,000, could have a pension fund of £1,381,000 by the time they retire at 65
Examples from WEALTH at work for someone in their 20s earning £20,000, £40,000 and £55,000 p.a.