Displaying items by tag: retirement planning
1 in 5 have no pension savings says report
Almost one in five (17%) of Britons only have the State Pension to rely on for income in retirement, according to a new report.
Over a fifth of over-50s regret late start to pension saving
A quarter (25%) of over-50s wish they had taken their pensions 'more seriously' at a younger age, according to a new survey.
2 in 5 over-50s cutting back on luxuries
Two in five over-50s (44%) have had to cut back on luxuries such as eating out and takeaways due to the rising cost of living, according to a new report.
2 in 3 set to delay retirement due to finances
More than 2 in 3 workers (70%) expect to delay retirement and continue to work due to financial reasons, according to a new report.
Annuity sales jump 24% to new record high
Sales of pension annuity contracts jumped 24% in 2024 to 89,600, according to new data from the Association of British Insurers (ABI).
Savers face £12,000 annual retirement income shortfall
The average worker is on course to miss their target annual retirement income by £12,000, according to new research.
Investment platform adds zero-fee SIPP
Investment platform InvestEngine has launched a zero-fee SIPP offering for new and existing customers.
Retirement planning only begins at 55 for many - report
Many people are failing to prioritise retirement planning until age 55, according to a new report which paints a worrying picture of late or poor preparation.
2 in 3 self-employed Boomers hold zero pension savings
Nearly two thirds (64%) of self-employed workers between the age of 60 and 65 have zero private pension savings, according to a new think tank report.
7 in 10 think retiring in 60s a thing of the past
Over two thirds (69%) of Britons believe retiring in our sixties will become a thing of the past, according to new research.