Men are likely to live four years longer than they expected, while women could be underestimating their lifespan by a staggering seven years, according to new analysis.
Three quarters (76%), of over-50s believe that appetite for risk is an important factor when deciding what to do with their pension pot, according to new research.
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
The minimum amount a couiple needs in retirement has fallen by £1,000, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.
One in six adults, or 16%, are relying on gut instinct to estimate their retirement needs, according to research from pension provider Standard Life.
A new consumer survey has found that, on average, one in five people (21%) are clueless about when they will be able to retire.
Just over half of UK households (51%) will need to use property wealth in retirement to maintain a comfortable standard of living, according to a new report.
Veteran investor Warren Buffett will step down as chief executive of Berkshire Hathaway at the end of the year, after more than 60 years at the helm of the US conglomerate.
A new call has come for financial services firms to collaborate and establish industry practices to address concerns around customers who have been impacted by gambling.
The number of people aged 100 or over has doubled in the last 20 years while the number of 90-year-olds is steadily climbing, according to newly-published official government figures.
As retirement ages get pushed back, new research suggests UK workers are far from confident that they will be able to do their job by the age of 70.
The youngest Gen X households earn around £7,000 more than the oldest as older Gen X members drop out of the workforce or go part-time, putting strain on their retirement savings.
Standard Life chief executive Andy Curran will retire in the summer after 35 years in the sector and five years at the helm of Standard Life.
One in five - 21% - people who withdrew a cash lump sum from their pension pot did so as soon as they turned 55, many without taking advice or guidance from an expert.
Women over 55 will receive nearly £6,000 less in pension income annually than men while spending £1,200 more than their expected pension income each year in retirement.
Older people are less prepared for retirement shocks such as ill-health, relationship woes or urgent financial support needs from their wider family, according to new research.
The majority (60%) of UK adults are not confident they’ll have enough money to live comfortably in retirement, according to a new study.
Chancellor Rachel Reeves is considering cutting the lump sum savers can remove from their pension without having to pay tax, according to reports.
Two in five British women (37%) have never reviewed their pension forecast, according to new research.
Six in ten millennials (59%) reckon their current life stage means they struggle to save for retirement, with only one in five (20%) saying paying into their pension is a priority.
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