Over 70% of Singapore under 40s do not have life cover
As SJP uncovers a heavy reliance on family to provide care in illness and retirement
Pension
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Think carefully before freezing pension payments
Longer-than-intended interruption could see some nearly £100,000 worse of in retirement
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Pension scams morphing into investment-like fraud
Regulatory action failing as think tank says lack of data obscuring ‘true scale of the issue’
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Triple lock on chopping block to pay off pandemic debt?
UK government extends furlough scheme which will reportedly cost extra £70bn
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Staggering £19bn left languishing in unclaimed pension pots
Insurance association will work with UK government to ensure people ‘are reconnected’ with assets
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Younger savers very vulnerable to pension scams
Double whammy of high fees and HMRC unauthorised payment charge could leave retirement in tatters
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FCA third-party reviews soar in 2019/20
But retail investment and pension companies received relatively few
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Pension freedoms hit £35bn mark on fifth anniversary
‘People have been attracted by the ability to use their pensions like cash machines’
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Online game launched to educate savers on pension scams
It has potential to ‘go a long way’ towards raising awareness of warning signs
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Covid-19 pushes over 10% of UK retirees to access pension pots
As more than one million people have been furloughed
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UK regulator warns savers against DB pension transfers
It will ‘only be in a member’s best interests in the minority of cases’
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Covid-19 shows long-term investment mindset of women
While men seem more worried about how the pandemic may affect their money