Pensions Savings Investments

Industry reaction to money purchase annual allowance consultation

Industry bodies have reacted to the proposed changes to the money purchase annual allowance.

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Over 50s opt for ISAs to boost savings

Savers over 50 are turning to ISAs to boost their savings income.

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Growth in pensioner income surpasses working households

Pensioner households have on average £20 more a week than working households.

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Older savers call for more ISA clarity

Older savers are calling for ISAs to be simplified.

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Tax-free pensions advice allowance introduced

Starting your retirement plan? Savers will be able to withdraw up to £1,500 from their pension pot tax-free to pay for financial advice from April 2017.

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Over-55s saving majority of inheritance

The average amount of inheritance received is £119,000.

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Many still unaware of Lifetime ISA

Many people are unaware of the Lifetime ISA and how it works, 2 months before its official launch.

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21% lose track of multiple pensions

21% of people with multiple pension pots have misplaced one or all of their retirement savings.

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Half of adults want to retire before state pension age

When would you like to retire? 48% of working adults would like to before they reach stage pension age.

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Pensions committee sets out DB recommendations

What defined benefit changes has the committee put forward?

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