Early days: Upturn in young adults saving for retirement, but millions still lag behind
The number of under-30s saving enough for retirement has increased from 30% to 39% in the past year, likely due to automatic enrolment in Workplace Pensions, according to Scottish Widows. That’s good news, but still…
Thinking of opting out of your Workplace Pension? Time to think again
We’d like to think that, once enrolled into a pension, everyone who is eligible, will remain in the scheme. After all, it’s a low-effort way to save money for retirement and take advantage of the…
Adjusting your retirement plans in light of the State Pension Age changes
Almost two million people face the reality of changing their retirement plans less than 10-15 years before they aim to stop working, according to Retirement Advantage. Changes to the State Pension Age will mean that…
Balancing investment risk in the years leading up to retirement
After working hard for many years and diligently saving, it is not surprising that many people begin to reign in the control they have over their capital as retirement age approaches. For instance, research from…
Pension gender gap continues: Why do women get £29,000 less?
Are you counting on getting the same State Pension as everyone else? That might depend on your gender. According to calculations from Which?, many women receive an average of £29,000 less than men from the…
Property value vs average earnings: Which is growing faster and what does that mean for you?
Which do you think is growing faster; your salary, or the value of your home? That depends on where you live and how the market is performing, but the good news is, for the most…