It seems men are more likely to say they know the process, with 55% knowing how to boost their pension pot compared to just 39% of women. Pay rises can give some savers an opportunity to consider ...

When putting away funds for your pension it’s best to start as early as you can so you have longer to build up a decent cash pot to allow you to retire when you want. This nest egg will also ...

Some 21 per cent withdraw money from their pension pot as soon as they are allowed to ... paying 40 per cent over £50,271, and 45 per cent over £125,141. On top of this, taking money out of ...

Under the new framework, NSSF contributions have increased to six per cent of an employee’s salary, matched in equal amounts by employers. The minimum contributions are set to increase from ...

men have 18% more in their pension pot than women, on average. But by the time they are 50 or older, the gender pension gap expands to 45%. This gap is larger in some UK regions than others.

TEN unfortunate pensioners received just 52p in state pension last year ... For the 2024/25 tax year, it costs £17.45 for every week of contributions you want to complete. But if the gap in ...

One 59-year-old reader lost a third of his £330,000 retirement pot because their pension had been supposedly “de-risked”. He said: “I’m lucky and this hasn’t changed my retirement plan ...

A typical pension saver could be £90,000 worse off if their investments are moved out of the stock market and into bonds, the Telegraph newspaper has found. One 59-year-old reader lost a third of his ...

As many as 10% choose to take out their entire pension as soon as they are able to, according to Legal & General.

New research from the Institute and Faculty of Actuaries (IFoA) has put a spotlight on life choices that could dramatically reduce an individual's retirement pot. The IFoA has investigated the ...

Do I think it will increase? Yes, it will.” A pension pot is considered to be lost when the pension provider that manages it is no longer able to contact the saver who has the rights to it.