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...
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...
Pension savings have grown after six years of automatic enrolment, but more progress is required to provide most people with adequate funds for retirement. Automatic enrolment has sharply reversed the downward trend in workplace pension membership, which hit a...
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. The extra outlay could be...
