Altmann suggests alternative ways to save pension costs

Former Pensions Minister Baroness Altmann has called on policymakers to look at other ways to solve rising state pension costs than raising the starting age, cutting the amount or more means-testing.

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9 in 10 mass affluent savers relying on State Pension

Almost nine in ten (86%) mass affluent pension savers expect the State Pension to be a vital part of their retirement income, according to a new report.

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Retirement costs soar by a fifth

The annual cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown.

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UK workers confused by State Pension

British workers don’t understand how the State Pension works, while many struggle on even the basic aspects of how the state retirement system works, according to a new report.

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