Displaying items by tag: retirement planning

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.

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.

Over two thirds (69%) of Britons believe retiring in our sixties will become a thing of the past, according to new research.

Whilst the majority of UK workers between the age of 43 and 58 have clear aspirations for their retirement, but only 12% have clear financial goals and a budget for retirement, according to a new report.

Chancellor Rachel Reeves is considering cutting the lump sum savers can remove from their pension without having to pay tax, according to reports.

Two in five British women (37%) have never reviewed their pension forecast, according to new research.

New research suggests that Individual Savings Accounts (ISAs) are at the heart of many people’s retirement savings plans.

Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.

Almost one in five (16%) of Britons had accessed funds from their pension savings without understanding the rules before doing so, according to a new report.

Half (49%) of workers in the UK plan to work beyond State Pension age, with the average expected retirement age of 72.