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Pensions News

Listing 490 articles over 49 pages

One In Ten Pensioners Have Been Targeted By Fraudsters

One in ten pensioners in the UK have been the victim of financial scams during their retirement, research from MetLife shows.

Pensioner Bonds Deadline Extended By Three Months

The Government backed pensioner bonds are set to be extended for another three months thanks to their enormous popularity, Chancellor George Osborne has said.

19% Of People Retire With Debt

One in five people retiring this year will have to do so with debts averaging £21,800, a study has shown.

Experts Worried Over New Pensions Guidance Service

Margaret Snowdon, a leading pensions expert, has claimed that the governments new pensions advice service “pensions wise” will not be properly staffed by the 6th April launch date.

First Time Buyers Need 26 Years To Save For Deposit

In London, it takes on average 26 years for a family to save up a deposit for their first home, according to a report from housing charity Shelter.

New Government Pensioner Bonds Take-off

The new pensioner bonds announced by the Chancellor of the Exchequer in the March Budget last year have been officially launched today.

55% Of Pensioners To Miss Out On Full State Pension

Government figures have shown that only 45% of pensioners will be eligible for the new state pension in the first five years of the system.

Pension Changes Could Leave Many Without Cash

The charity Age UK has warned that the pension changes coming in April could leave significant numbers of older people running out of money in retirement.

88% Of People Could Not Survive On State Pension Alone

Only 12% of people over 40 years old believe they would be able to survive on the state pension of £8,000 a year, according to research from retirement specialists Partnership.

New Pension Freedoms For Retired People Suggested

The pensions minister Steve Webb has announced that he would like to extend the pension freedoms announced in the Budget to existing pensioners, meaning retired people would be given the right to sell their pensions or annuities.

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