Recently published research has suggested that many employees who have already been signed up to an auto-enrolment scheme have low expectations for their pension savings. Continue reading
Category Archives: Retirement Planning
Auto-Enrolment Helping People Save for Retirement
Data recently published has suggested that the rollout of auto-enrolment throughout the UK is proving to be beneficial for those sectors which traditionally have a history of not providing a pension. Continue reading
Employees Raise Concerns on Retirement Saving Habits
New research has revealed that many employees within the UK are aware that they need to save more for retirement, if they are to continue to live a comfortable lifestyle. Continue reading
Retirement Savings Falling Short
When it comes to retirement, we all have plans on how we would like to spend our time, from taking more holidays and spending more time with family, through to engaging in a new hobby. However, a recent survey has suggested that many of us are falling short of what we need to save for a comfortable retirement. Continue reading
More Choice Wanted in Pensions
A recent report has suggested that more people want more choice in relation to when they can receive their state pension; even if it meant that they would receive less of a pension. Continue reading
Proposed Changes to Pensions Outlined
As recent figures suggest that the average annual income falls by two thirds during retirement, and that the average person retires with an annual income roughly less than a quarter of the national minimum wage; recent proposals have called on the government to remove the tax relief regime on pension contributions. Continue reading
Businesses Unsure of Auto-Enrolment Obligations
Earlier this month, it was suggested that roughly half of all small and medium sized businesses are not prepared for the introduction of auto-enrolment. Now, additional research has suggested that as many as one in four business owners within the UK are unaware of their obligations in regards to auto-enrolment. Continue reading
Individuals Not Saving for Retirement
It has been suggested that as many as one in seven individuals will retire with no other pension or retirement savings, other than the basic state pension; with women reportedly three times less likely to have alternative savings for retirement – raising fears that many reaching retirement will end up in poverty. Continue reading
UK Climbs Pension Sustainability Index
At the beginning of the month, it was announced that the savings system within the UK has, for the first time, made the Top 10 in terms of the world’s most sustainable pensions. Continue reading
Women to be Hit by Auto-Enrolment Changes
With the income threshold for auto-enrolment set to increase from April; figures published over the weekend have suggested that thousands of women working part time will fail to be enrolled into their business’ pension scheme. Continue reading