PLSA says £44k retirement income now needed to be comfortable
The figure for a retired couple is £60,600
Retirement
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‘Beginning of new era’ for UK pensions with £25bn megafunds plan
Schemes will have until 2030 to make the necessary arrangements
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Professional investors targeting risk-on assets to meet retirement needs
Only 60% of investors surveyed said they are prepared financially for longer life cycles
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Wokingham, Elmbridge and St Albans named ‘financial resilience capitals of the UK’
Hargreaves Lansdown’s Savings and Resilience Barometer shines light on the disparities between regions
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Women saving £80,000 less for retirement than men
Men over 55 have £209,000 saved on average, compared to £128,000 for women
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Columbia Threadneedle’s Steven Bell to retire in 2025
The chief economist will depart in March after more than 11 years at the firm
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Invesco eyes ‘opportunities for positive change’ in UK pensions
Firm partnered with NMG Consulting to conduct an extensive retirement study
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The role of financial personality in retirement income planning
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
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Budget leaves advisers facing 70.5% tax raid on clients
‘Massive’ impact on some families
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Aegon calls on chancellor to scrap ‘damaging pension cash grab’
The company has published some recommended ‘pension tax principles’
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Slashing pension reliefs could ‘severely limit’ retirement security
Tax-free lump sum withdrawals under threat
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BNY’s Parkin: Greater action needed on retirement income advice
Six months on from the FCA’s thematic review, Richard Parkin is concerned some adviser firms have not taken the regulator’s concerns on board