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Pensions News Stories

84% staying auto-enrolled

06th April 2018 Today marks not just the start of a new tax year, and all the changes that entails, but also the first increase in automatic enrolment contributions. Despite the increase, 84% will continue to opt in and save more towards their retirement. Read More...

Get ready to save more towards your pension

06th March 2018 We are now just one month away from an increase to the minimum auto-enrolment contribution, which will see employees save at least 3% (up from 1%) of their salary in their workplace pension, while employers will have to contribute a minimum of 2%. Read More...

Auto-enrolment reaches 1m employer mark

13th February 2018 The one millionth UK employer has now enrolled their staff into a workplace pension thanks to automatic enrolment. This means that over 9m employees are now saving for their retirement with the help of their employers. Read More...

Self-employed lack pension savings

08th February 2018 Official figures reveal that the number of Brits who are self-employed increased to 4.8m in 2017, which accounts for 15.1% of the labour force. However, a worrying 45.1% of self-employed 35 to 54 year-olds have no pension savings. Read More...

2017 sixth consecutive year of pension fund growth

16th January 2018 The upcoming Moneyfacts Pension Trends Treasury Report has revealed that most pension and drawdown funds have seen yet another year of positive performance, resulting in 2017 becoming the sixth consecutive year to see overall fund growth. Read More...

How to boost your pension income by £10,000

05th January 2018 We would all like to enter retirement with a solid pension pot, but achieving that goal can be easier said than done. Research shows that even small changes can make a big difference – potentially boosting your income by £10,000. Read More...

Moneyfacts announces SIPP & SSAS Star Ratings

03rd January 2018 Today, Moneyfacts has completed its annual assessment of the Self Invested Personal Pensions (SIPP) and Small Self Administered Scheme (SSAS) markets, and awarded its Star Ratings accordingly. Read More...

Auto-enrolment extension? 69% of teens say yes!

19th December 2017 As the Government announces plans to lower the automatic enrolment age for pension saving from 22 to 18, a new study has found that 69% of 16 to 21-year-olds think that extending auto-enrolment would be a good idea. Read More...

Are pension freedom withdrawals sustainable?

05th December 2017 The pension freedoms were touted as a way to give retirees control over their pension pot, yet concerns remain over the sustainability of many of those pots, with a lot of retirees on course to spend their savings far too quickly. Read More...

Gig workers miss out on £75,000 in pensions

08th November 2017 The gig economy is a growing part of the workforce, yet while these workers can benefit from flexibility, they miss out on the benefits of being in traditional employment - and for many, that means they’re losing out on pension cash. Read More...


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