Breaking news
I served just under 15 years in the British Army. I left the military at the end of 2005 and moved in to private security working in Afghanistan, Somalia and now South Sudan. Having served over 12 years I am entitled to a half military pension once I reach retirement age. While working in Afghanistan … Read more
I have multiple pension pots which I was advised to not bring together as I now don’t have enough time to recoup the transfer costs and they have continued to increase by small amounts each year. I am 52 and plan to retire at 55, in summer 2022. I am in receipt of a Royal … Read more
Workers typically undertake a five-year journey to retirement during their mid-60s, research reveals. Pension freedom reforms give older people greater control over when they retire, and on average they begin to tap their savings at 62 and stop work at 64, figures show. That means they must use private savings during the gap before starting … Read more
Signed up to a pension, but have no clue what that involves or how much you might want to retire on one day? Getting answers to just five simple questions now might make all the difference. Jon Greer, retirement expert at Quilter, explains what you need to know. Want a wealthy retirement? Just because you … Read more
I am 30 years old and earn £50,000 a year. My employer matches pension contributions up to a total of 10 per cent, so 5 per cent as a maximum from me and 5 per cent as a maximum from them. I want to retire at age 60 on an annual income of £30,000 – … Read more
Four out of five people either doubt they are saving enough for a comfortable retirement or just don’t know, new research shows. Men, homeowners and higher earners are most likely to think their pension savings are on track. Women, renters and people earning less than £10,000 a year are least likely to feel positive. Many … Read more
Those born in the 1980s are financially worse off than the generation before: are they really facing a state pension age of 75? The This is Money podcast By This Is Money Published: 14:38 GMT, 30 August 2019 | Updated: 14:38 GMT, 30 August 2019 This week, This is Money takes a look at a … Read more
Two in three workers aged 45-plus are unprepared for retirement and a third don’t know how much they have saved up so far, new research reveals. Nearly half are also unaware how much state pension they have built up, though this guaranteed weekly income from the Government will be a mainstay of many people’s retirement … Read more
Pension savers are being overtaxed at record levels when they dip into their retirement pots. More than 200,000 over-55s have clawed back nearly £500 million since pension freedoms were introduced in 2015. But the taxman is pocketing on average £2,355 too much when retirees make their first withdrawal. This is because HM Revenue & Customs … Read more
VICTORIA BISCHOFF: Government adverts made a dog’s dinner of the pension age campaign – and they knew it By Victoria Bischoff for the Daily Mail Published: 22:32 BST, 16 July 2019 | Updated: 09:29 BST, 17 July 2019 Who on earth came up with the idea of using two dogs talking to each other on … Read more