Generation centenarian
ONS are forecasting that around 19% of all newborn girls (and 14% of all newborn boys) will become centenarians. We’re calling this lucky, long-living group Generation Centenarian.
Workplace pensions – good start but not enough
This October marks the seventh anniversary of the start of workplace pension auto-enrolment, perhaps proving that some grand government schemes can be a success.
Moving the 65-yard line
65 is often seen as a finish line, signifying the end of your working life and the start of retirement. But 65 is no longer state pension age for most. Sixty-five years old has long been considered a pivotal age. For example, the Office of National Statistics...
How much is enough for pension contributions?
Pension contributions have recently risen for many people, but the increase may still not be enough to fund a comfortable retirement. The latest round of pre-planned increases to minimum pension contribution rates under automatic enrolment (AE) workplace...
Next stage of automatic enrolment
Since 2012 employer and employee automatic enrolment contributions have totalled 2% of ‘band earnings’, with the employer having to pay at least 1%. From 6 April this year, the minimum contributions will rise to 5%, with 2% from the employer.