Warning that 3 in 5 pension wills ‘out of date’

Three in five 16-54 year olds (61%) have admitted that their nominated beneficiary or expression of wish form connected to their pension is out of date or they do not know the true position, according to new research.

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59% of drawdown users fear a one day market plunge

Major stock market moves on one day could prompt nearly 60% of income drawdown investors to revamp their portfolios, with 21% moving their money into cash, according to a new study.

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Public ‘expects State Pension age to rise to 70’, research finds

The UK public expects the age at which they are entitled to receive the State Pension to increase to 70, a new survey has found.

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Pensions being treated as ‘bank accounts’ as withdrawals soar

The number of pension withdrawals continued to soar in the third quarter of 2018 leading to suggestions that some pensions savers are treating their pensions like bank accounts, tapping them for cash when they need it.

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