National Living Wage versus new State Pension
The new State Pension has failed to keep up with the National Living Wage in the years since they were both set up in April 2016.
Five years of pension flexibility
It’s been five years since pension holders were given the freedom to draw directly from certain pension savings. What have we learned that can help those about to embark on their own retirement journey?
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...
Self employed pensions boost
The Chancellor has abandoned plans to abolish class 2 national insurance contributions (NICs) after concerns it could increase self employed pensions costs. Those registered as self-employed pay class 2 NICs if their profits are more than £6,365 a year in 2019/20....
Auto Enrolment Six Years On
Pension savings have grown after six years of automatic enrolment, but more progress is required to provide most people with adequate funds for retirement.