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Retirement News Stories

Retirees remain cautious after pension freedoms

Retirees remain cautious after pension freedoms

20th April 2018 When the pension freedoms were introduced in April 2015, many worried retirees might take too much too fast and end up without an income. These fears have been found to be largely unfounded, as most pensioners have remained careful with their pots. Read More...
Retirement expectations fall short

Retirement expectations fall short

10th April 2018 There’s a gap between the income people want in retirement and the income they’re expecting, our study reveals. What's more, the gap between the age at which people want to retire and when they think it'll be possible is larger among younger people. Read More...
Debt warning for those nearing retirement

Debt warning for those nearing retirement

16th March 2018 Most retirees will know exactly how much they’ve got left to spend on the rest of their lives, and will not be able to add more. That’s why it’s so important to take care of debts before you retire – yet many over-55s are struggling. Read More...
Auto-enrolment not enough to help women prepare

Auto-enrolment not enough to help women prepare

01st March 2018 Government figures show that 9 million employees are now enrolled in a workplace scheme, and both employer and employee contributions are on the rise – but it may not be enough to help women Read More...
Property undervalued for retirement

Property undervalued for retirement

26th February 2018 Homeowners may be at risk of missing out on some crucial retirement income by forgetting about their property, as the number of people who don’t know whether their property is worth more than their pension has risen from 5% last year to 22% today. Read More...
Cost of divorce: £3,800 per year in retirement

Cost of divorce: £3,800 per year in retirement

23rd February 2018 The break-up of a marriage impacts many things, including retirement. Divorcees planning to retire in 2018 are expected to have a yearly income that is £3,800 less than those who’ve never divorced. Read More...
Property remains popular retirement savings tool

Property remains popular retirement savings tool

07th February 2018 While employer pensions are still considered the safest way to save for retirement, property has been inching closer. A population survey shows that 40% believe their workplace pension is the safest bet, while 30% believe property is. Read More...
Average £33,900 debt among retirees

Average £33,900 debt among retirees

02nd February 2018 The number of people retiring in debt continues to climb, as one in five people expecting to retire this year owe an average of £33,900. Prudential’s research also reveals that these debts are nearly 40% higher than those of last year’s retirees. Read More...
Record £19,900 retirement income average

Record £19,900 retirement income average

16th January 2018 If you’re planning to retire this year, you’re in luck. Research by Prudential has revealed that those retiring this year are expected to live on an average annual income of £19,900 – the highest seen since records started. Read More...
Pre-retirees are gambling on income

Pre-retirees are gambling on income

16th November 2017 Many people long for the day they can give up work and enjoy retirement, but have you considered how you’ll pay for it? Unless you’ve planned sufficiently, it may be less comfortable than you're hoping, yet many are gambling on their future income. Read More...


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