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Displaying items by tag: retirement

Tuesday, 17 November 2015 12:05

Leap in retirement saving among 25-74 year-olds

The proportion of 25 to 74 year olds saving for retirement has leapt up in the last two years, a report published this morning has suggested.
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People who have not shopped around for their annuity will collectively miss out on £104m of income over the course of retirement, new analysis has suggested.
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Around 2.4 million grandparents are breaking open their pension piggy banks to help their grandkids, a study has indicated.
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About 14 million people aged 25-34 could be underestimating the pot they need at retirement by nearly £400,000, new research has suggested.
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Nearly one in four over-55s plans to take cash out of their pension funds while still working.
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The CII is to launch a new pensions exam unit to support professional standards in the sector.
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The total property wealth of over-55s in England will double to almost £2.5trillion by 2035, according to research by Age Partnership, a retirement income specialist.
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Equiniti research has found that an increasing number of people say their biggest financial challenges is fear of not being able to afford to retire.
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A Retirement Survey, which polls some of the UK’s leading pension and annuity professionals, found that 86% agree or strongly agree that the UK will see an increase in individuals taking cash beyond their tax-free allowance.
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Tuesday, 27 October 2015 11:13

Women set retirement aims 'significantly lower'

Women in the UK are setting their sights “significantly lower” than men when it comes to how much money they need to live comfortably in retirement.
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