31 July: an important deadline for pension provision
If you have gaps in your national insurance contributions (NICs) record, then 31 July should be marked on your calendar.
Retirement Planning
The Budget surprise: changes to the pension tax rules
New measures affecting pension allowances announced in the March Budget could mean your retirement planning strategy needs to be reviewed.
The rising cost of retirement
Research published by the PLSA reveals an increase to the cost of retirement, with figures that might surprise you. Is your future retirement income on track to deliver your desired standard of living?
Over-65s set new employment record
Latest data from the Office for National Statistics reveals that more people than ever are working beyond the age of 65. Will your retirement income be enough, or will you be working after age 65?
No time to waste: minimum pension contributions must rise
A new report from the ABI is sending a clear message to employers, employees and the self-employed – a significant increase in the minimum contributions to workplace pensions is required.
The impact of raising the State pension age
The raised State pension age may affect your retirement planning. Is it time to review your pension plans?
Retirement spending surprises
Recent research casts a new light on the spending habits of retirees, with expenditure increasing year-on-year between the ages of 62 and 80, contrary to popular opinion. Do you need to review your retirement plans for this new reality?
Auto-enrolment: an unusual success story
The success of automatic pension enrolment was recently underlined by new data from the ONS, but if you’re self-employed or only making minimum contributions, you may need to review your retirement planning.
The state of retirement in 2022
An annual survey has provided an interesting snapshot of people who have or plan to retire in 2022. Are your #retirement plans on track? Wherever you are in your planning, the research offers some important insights.
Escaping the higher minimum pension age
After the recent publication of the Finance Bill, the government unexpectedly closed the transfer window that allowed savers to join pension schemes and access their funds at 55.