Displaying items by tag: Coronavirus
Nearly 9 in 10 early retirees mulling return to work
Almost nine in ten (86%) early retirees between 50 and 54 would consider a return to work as the cost-of-living crisis continues to hit their finances.
NHS pensioners hit record high in April
April saw a record number of pension benefits being awarded to NHS members, indicating a significant jump in those retiring.
Over half of retirement plans changed by pandemic
Over half (54%) of UK adults have had their plans to retire affected by the Coronavirus pandemic, according to new research.
Older workers feeling effects of pandemic
UK consumers over the age of 55 are less confident in being able to find a paid job than they were before the Coronavirus pandemic, according to new research.
More than half of the over 55s surveyed by Just Group did not believe they would be able to find a paid job, and only one in five who would like to work were confident they could find paid employment.
Quarter of 2021 retirees quitting jobs earlier than planned
Almost a quarter (24%) of those retiring this year are quitting work earlier than intended due to the impact of the Coronavirus pandemic, according to a new report.
Workplace pensions weather pandemic storm
The percentage of workplace pension savers who actively stopped saving fell slightly during the Coronavirus pandemic, according to data released this morning.
Transact staff set for office return in August
Staff at adviser platform Transact are to start to return to the office from August as the platform pilots a hybrid working model.
XPS waives SIPP and SSAS commercial property purchase fee
XPS Self Invested Pensions is to waive its property purchase fee for property purchases for new SIPP and SSAS clients.
Doubling in numbers seeking early retirement
The number of people who want to retire early has more than doubled during the pandemic from 4% to 10% and more people have clearer retirement plans.
SJP CEO sees earnings down £325,000
St James’s Place CEO Andrew Croft saw his earnings fall from £1.017m in 2019 to £692,788 in 2020 as the pandemic hit the company.