Wage growth could drive higher state pension increase
- Tuesday, 15 August 2023
- Articles
![Annual wage growth graph. Source: ONS](/media/k2/items/cache/9f9e2f4e974768df02ef99c91e5eaeba_Generic.jpg)
The annual growth in average pay including bonuses hit 8.2% in June, according to figures published this morning by the Office for National Statistics.
Read more...Altmann suggests alternative ways to save pension costs
- Friday, 11 August 2023
- Articles
![Baroness Ros Altmann](/media/k2/items/cache/ea18788a6ad6b903f32d1d4ea3260cc7_Generic.jpg)
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.
Read more...9 in 10 mass affluent savers relying on State Pension
- Thursday, 03 August 2023
- Articles
![Charles Stanley's website](/media/k2/items/cache/c715edf55c0c34a23e750bad61ad3485_Generic.jpg)
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.
Read more...Retirement costs soar by a fifth
- Tuesday, 25 July 2023
- Articles
![iSIPP website](/media/k2/items/cache/a5ccbde6a29cc211cf9880be33df1640_Generic.jpg)
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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