UK workers are having to work for longer before retirement due to the increased state pension age, while receiving less money from their pensions than they would need to retire comfortably.
The UK government has unveiled a new pension scheme to provide workers with more options for their retirement funds.
New data from Legal & General has revealed the pensions gap for women in their 20s is still 16% - an improvement of just one percentage point since 2020.
Planning for retirement can feel overwhelming. But when your colleagues are informed and empowered about their financial future, it benefits everyone.
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.
Minister for pensions and financial inclusion Guy Opperman has pledged to launch two consultations on the future of pensions in the UK.
Older female workers fear that a state pension may not be enough to live off when they reach retirement age.
A day after the government closed its call for evidence around state pension age changes, new research reveals a significant proportion of workers support the idea of being able to access their state...
Young workers aged between 16 to 21 in the private sector are participating in workplace pension schemes at a much lower rate than their public sector counterparts.
The average value of a pension fund for a single mother in the UK has dropped by 40% since the start of the pandemic.
Yesterday (5 January) Conservative MP Richard Holden put forward a Private Member’s Bill to extend pensions auto-enrolment to 18-year-olds and those in part-time or low-paid work.
Businesses also expect the government to increase auto-enrolment minimum contributions beyond 8%