Pension investment

Women underestimating impact of reduced working hours on their pensions

Just a third (34%) of women have considered the impact reducing working hours could have on their pension contributions, compared to 62% of men according to research from think tank Phoenix Insights.

Muslim workers in the UK face pension gap of £11.5 billion

Muslim employees face a pension gap of up to £11.5 billion, according to research from pension firm Penfold.

Higher retirement age increases rate of pension poverty

Raising the state pension age to 66 cost 65-year-olds at the edge of retirement an average of £142 per week for 2020/21 and plunged thousands into poverty.

Half of women may be forced to work beyond retirement age

Older female workers fear that a state pension may not be enough to live off when they reach retirement age.

Employers should rethink DC pension scheme design

Employers should re-evaluate their approach to default design for DC pension schemes, to ensure that they are helping members retire comfortably, according to BlackRock