
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.
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.
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?
Pension savings have grown after six years of automatic enrolment, but more progress is required to provide most people with adequate funds for retirement.