1 in 4 over-55s unaware of State Pension deferral
- Tuesday, 27 February 2024
- Articles
![Many State Pensions are unaware of the ability to defer to boost income](/media/k2/items/cache/f331b13f2f157f20524d8a7e7129681e_Generic.jpg)
A quarter (25%) of adults aged 55-64 are unaware of the state pension deferral option despite the fact they will soon be making important retirement choices, according to retirement specialists the Just Group.
Read more...Millions of over-55s in dark about State Pension value
- Thursday, 15 February 2024
- Articles
![Many over-55s are in the dark about their State Pension](/media/k2/items/cache/f0e51f2d32c3b7bc03c0e9d5c2262f7e_Generic.jpg)
New research suggests millions of older pension savers have little idea about what the State Pension is worth - with 40% of 55 to 64-year-olds in the dark about their State Pension forecast.
Read more...State pension age needs to be 71 by 2050, says ILC
- Monday, 05 February 2024
- Articles
![Many may face a longer wait for the State Pension](/media/k2/items/cache/af54bc5749ccfdeb8e2394e01bd7e3cc_Generic.jpg)
The UK will have to increase the state pension age to 71 by 2050 to maintain the number of workers per retiree, according to a new report from the International Longevity Centre UK.
Read more...1 in 2 to work longer due to lack of retirement income
- Wednesday, 17 January 2024
- Articles
![A third of UK workers were not sure how long thier retirement savings would last](/media/k2/items/cache/5d0acf377c5e3c2fbab8fca8d0b30db5_Generic.jpg)
Half of workers in the UK (49%) plan to work beyond State Pension age, with the average person now expecting to push back retirement to 72.
Read more...