A new report from Age UK has reignited the debate about how easy life is for pensioners. With today’s meagre state pensions, high inflation and rubbish savings interest rates, are pensioners that well off?
Posts tagged with "pensions"
Today’s such a significant day that it’s been named twice – ‘worse-off Wednesday’ and ‘Black Wednesday’. Whatever way you look at it, there are some key tax changes coming into force as we speak…
You’ve probably heard all about the ruling which outlawed the use of gender-based pricing in insurance – but did you realise that it could also impact your pension? Is it right to make annuities gender equal?
If the thought of saving for the future brings you out in hives, get ready to face your fears – we’ll soon have a new system where companies automatically put us on a pension scheme unless we choose to opt out.
Here’s your chance to be Chancellor! George Osborne will deliver the Budget next week, and fierce speculation about what it will include is mounting. We weigh up the rumours and ask what you’d put in the budget.
Blink and you’ve missed it! The speed of change seems to have sped up, with several far-reaching proposals all coming along together. Pensions are getting the most attention, but is an overhaul really needed?
Are the elderly getting special treatment at the expense of the young? A recent report says they shouldn’t be exempt from swingeing budget cuts. But should the most venerable and vulnerable members of society be hit?
A new ruling means that insurers can no longer take gender into account when calculating your premiums. But what will this mean in practice – will you be better or worse off – and is it a fair decision?
Heard of the RU64 rule? Probably not, but it plays an important part in simplifying people’s pensions, so good news it’s staying. But could other complicated financial products benefit from the same treatment?
Hundreds of millions of pounds of unsuitable pensions and investments are sold every year, with sellers cashing-in on commission. In my mind, the end of commission-based investment advice can’t come soon enough.
Government plans for public spending were outlined in today’s spending review. £18bn will be cut from welfare spending by 2015 – find out exactly where the cuts will be and how you’ll notice them.
A raft of recent news stories about people with inadequate pension savings warn of the tough futures they could face. But is it worth getting a pension? And how do you get started if you fear you’ve left it too late?
The fixed retirement age will soon be scrapped, which at first glance looks like brilliant news. And it’s certainly a good move, but for many of us, it may not make too much of a difference.
The Emergency Budget bought good and bad news about pensions, according to the pensions expert Ian Robinson here at Which? He tells us what you’ll be entitled to when you (finally) retire.