What is the average pension pot in the UK? According to the latest figures from the Department for Work and Pensions, the average single pensioner has an income of £13,884 a year.

This median includes both workplace pensions and self-invested personal pensions (SIPPs). The overall median – which factors in adults without a pension pot – was much lower, at £19,700.

A small pot pension does have some benefits when it comes to making withdrawals – and there is one very handy loophole that, in some circumstances, can save you a lot of money.

A new survey shows that the people who are most likely to withdraw funds under the two-pot retirement system also know the ...

Money POT LUCK Six mistakes that could reduce your pension pot by up to £300,000 Plus watch our video below on how to track down lost pensions Sara Benwell Published: 7:00, 7 Nov 2024 ...

When you leave an employer and an employer-sponsored fund (pension, provident or umbrella fund), you will have to decide what ...

The latest delay to the introduction of the State-backed auto-enrolment pension scheme will come as welcome news for some businesses who see it as an additional cost being deferred at a time of ...

Pension options: what can I do with my pension pot? From annuities to pension drawdown, find out more about the different ways you can access your retirement savings, including the pros and cons of ...

What Rachel Reeves’ pensions revamp means for your retirement pot - and will you really see £6,000 more? There will be economic benefits to grouping pension pools together - but more risky ...

Growth in Australia’s booming A$4.2 trillion ($2.7 trillion) pensions industry pushed another firm into the so-called mega fund category, a further sign of the country’s swelling retirement ...

Explore how the Two-Pot System will reshape divorce settlements in South Africa, particularly regarding pension rights and the responsibilities of non-member spouses.