All Retirement articles – Page 2
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OpinionThe starting point for assessing good outcomes in retirement
Trustees are being given more responsibility for retirement income solutions. Here’s how they can work out what good looks like for members.
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NewsEngagement is not a panacea, warns PPI
Savers are required to make complex decisions at and during retirement and some will struggle, whether we engage with them or not
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NewsGovernment should intervene to help self-employed save
Scottish Widows calls for the government to provide auto-enrolment alternative for the self-employment
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OpinionCost-of-living crisis risks young savers’ future retirement outcomes
How can the pensions industry help young savers, already struggling to get on the property ladder, put more money towards their retirement?
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News‘Economically inactive’ over fifties lack confidence in their skills, not a will to work
The government has put a great deal of effort – not to mention tax reform – into encouraging older workers back into the workplace.
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NewsMaPS corrects potentially dangerous omission, but keeps Mum about it
The Money and Pension Service last week published an updated version of its “Your Pensions, Your Choices” guidance booklet, which is typically sent to every individual as they approach their retirement.
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NewsDefined contribution pension schemes: half of savers have no idea how to access their pot
The Institute for Fiscal Studies' (IFS) report revealed more than four in ten of those in their 50s and early 60s with defined contribution pension pots had "no idea how to access their savings".
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NewsMore retirement planning needed for those with mental health issues
Millions of people with mental health problems face a financial cliff edge when they retire, because they do not receive the information and support they need to plan for retirement.
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NewsLiving Pension: Fighting poverty with better retirement saving
The Living Wage Foundation has launched the Living Pension Employer standard, a voluntary programme for employers who wish to address low levels of pension saving among lower paid workers.
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OpinionGovernment disappoints in auto-enrolment inquiry responses
Broadstone head of policy David Brooks is calling on the government to start advising people that current minimum contributions will not be enough for a comfortable retirement.
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NewsGovt refuses to commit to increase auto-enrolment contributions
The government has refused to commit to increasing minimum auto-enrolment contributions, despite acknowledging that the current statutory contribution of 8 per cent is “unlikely to give all individuals the retirement to which they aspire”.
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OpinionWe need to teach people about money, not just maths
Scottish Widows’ Robert Cochran explains how the recent pledge to extend numeracy education in schools should also include financial matters.
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NewsFCA launches retirement income advice review
On the go: The Financial Conduct Authority is to review the level of advice consumers are receiving from independent financial advisers on meeting their income needs in retirement.
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NewsInflation drives 18% surge to ‘minimum’ cost of retirement
Retirees trying to achieve a basic standard of living will have seen their expenditure increase over the past year by almost 20 per cent due to high inflation, according to the Pensions and Lifetime Savings Association’s retirement living standards.
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NewsMore than 8.6mn missing out on workplace pension savings
On the go: More than 8.6mn people from “underpensioned” groups are missing out on workplace pension savings, according to a report by Now Pensions.
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NewsNHS staff offered ‘partial retirement’ with scheme eligibility expanded
Members of the NHS Pension Scheme will have the option of “partial retirement” under proposed government reforms aimed at stemming the flow of health workers leaving the NHS.
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NewsOECD: Countries should pursue pension reforms despite uncertainty
On the go: Policy makers should pursue pension reforms despite the current economic uncertainty, as delays would put at risk the well-being of current and future pensioners, the OECD has warned.
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NewsRetirement standards compromised by changes in pensions system
On the go: Changes made to the UK pensions system are positive for sustainability but are leaving savers’ retirement standards compromised.
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NewsProviders called to improve DC decumulation digital tools
On the go: Providers of defined contribution schemes need to “vastly improve” their digital offers so members can make the right choices in decumulation, warns Hymans Robertson.
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NewsAon warns of 'unintended consequences' from pension campaign
On the go: Aon has warned the Pensions Awareness Week campaign could have “unintended consequences” due to the current cost of living crisis.