75% of Brits don’t know how much is in their pension pot
Standard Life says it is a ‘worrying’ statistic
Pension
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Regulator authorises first CDC scheme in UK
Standard Life says it welcomes collective defined contribution ‘being part of the pensions saving toolkit’
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Pension tax changes bump up client enquiries
Many Brits have been ‘scrambling for clarity’ since Budget
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10 ways to help close the gender pension gap
On average, women are more than £100,000 worse off in retirement than men
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Tax pensions on death, UK government told
DC schemes front and centre but scant mention of defined benefit pots
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Cost-of-living crisis triggers 23% surge in taxable pension withdrawals
£3.6bn was taken in the first quarter of this financial year
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UK retirees suffer £210m state pension shortfall
DWP identified nearly 32,000 instances where it underpaid pensioners since January 2021
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Europeans better placed for retirement than Brits
With UK women most financially unprepared for later life
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Value of lost pension pots hits £26.6bn
Figure has nearly doubled since 2018
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UK couples split pensions in just 13% of divorces
Numbers low even among those who included a financial settlement and women stand to lose out most
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Aviva to unveil multi-pot pension to solve DC retirement problem
Default frameworks will not provide the flexibility retirees want and need
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Pension industry hopeful after rumours of tax allowances review
‘These need an urgent overhaul, particularly at a time of rampant inflation’