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Displaying items by tag: retirement

Britain is "sleepwalking towards an impoverished retirement" due to a major shortfall in retirement savings, a firm behind a year long study has warned.

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The Citizens Advice Bureau has replaced the Money Advice Service as one of the two partners to deliver the pensions guidance guarantee.

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The increasing number of adult children living with their mum and dad could be sapping their parents' savings and affecting their plans for retirement, a think tank has warned.

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An independent retirement savings commission should be created to put the long term interests of savers at the heart of pensions policy, according to The National Association of Pension Funds.

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Wednesday, 15 October 2014 12:30

Auto-enrolment earnings trigger may be frozen

The link between the auto enrolment earnings trigger and income tax could be axed next year.

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Friday, 10 October 2014 12:53

Retirement age plans are "flawed"

Government plans to raise the retirement age by up to six months per year are "flawed" but should be a "wake up call," says the head of a global financial advisory organisation.

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Retirees in parts of England face being £120 or more short of what they need every week, a report has found, with residents in Greater London, the south west and east of England most unprepared financially for life after work.

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The Government should cough up the costs of the new retirement guidance service for the first year, a pensions firm believes.

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Friday, 19 September 2014 11:35

Auto-enrolment: Committee to start investigation

An investigation by an influential group of MPs has commenced into automatic enrolment, taking account of the changed context arising from the Budget reforms.

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The new retirement guidance sessions risk being a waste of time unless key information on pension funds is collected before they take place.

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