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  • Millions risk financial shortfall by underestimating lifespan

    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.

  • Over 50s say risk appetite is key in retirement planning

    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.

  • Retirement standard figures should be ‘wake-up call’

    Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.

  • Minimum needed for retirement falls by £1,000: PLSA

    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.

  • 16% use gut instinct to estimate retirement needs

    One in six adults, or 16%, are relying on gut instinct to estimate their retirement needs, according to research from pension provider Standard Life.

  • 21% of savers in dark about when they can retire

     

    A new consumer survey has found that, on average, one in five people (21%) are clueless about when they will be able to retire.

  • Half of households will need to use property wealth in retirement

    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.

  • Buffet to step down as CEO of Berkshire Hathaway

    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.

  • Retirees should be asked about gambling habits

    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.

  • Centenerians double in 20 years, raising pension challenges

    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.

  • Only half of adults confident of working to 70

    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.

  • Youngest Gen X earn £7,000 more than oldest

    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 Curran to retire in the summer

    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 four accessing pensions at 55 without advice

    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 face income and spending gap in retirement

    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.

  • Over-50s less prepared for retirement shocks

    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.

  • People not confident about retirement finances

    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 considering lump-sum pension withdrawal limit cut

    Chancellor Rachel Reeves is considering cutting the lump sum savers can remove from their pension without having to pay tax, according to reports.

  • 2 in 5 women never reviewed pension forecast

    Two in five British women (37%) have never reviewed their pension forecast, according to new research.

  • 59% of millennials struggle to save for retirement

    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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