Pension pots could be slashed by £300,000 due to a 'significant' life choice. The Institute and Faculty of Actuaries (IFoA) has identified the mistakes people make which could dramatically cut ...

Martin Lewis is sounding the alarm for 700,000 individuals over State Pension age to act swiftly to secure this year's Winter Fuel Payment. The money-saving expert has issued a call to action for ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

Waspi campaigners have accused Sir Keir Starmer of misleading the public by saying 90% of women affected by a change in the pension age knew about it. The government revealed on Tuesday it would ...

XPS Group has launched a tracker to benchmark a typical DC pension pot at retirement against industry living standards. The tracker called DC:UK Savings Watch anticipates the value of a typical DC ...

Current average life expectancy in the UK from the age of 65 ... affect my pension? If you’re using a pension drawdown plan in retirement to provide some of your income, you’ll remain invested in the ...

XPS Group has launched a tracker to benchmark a typical defined contribution (DC) pension pot against the Pensions and Lifetime Savings Association’s (PLSA) retirement living standards. The ...

Work and Pensions Secretary Liz Kendall has announced that the Labour Government will not pay compensation to those affected by a rise in their State Pension age. This follows a long-running campaign ...

However, the government made no changes to the policy in the Autumn Budget. Individuals can still take up to 25 per cent of their pension pot as a tax-free lump sum, capped at £268,275. While it ...

Recommended Provider status. Vanguard is a relative newcomer to the pension drawdown market having joined in 2020. It’s one of the cheapest providers across all pot sizes in our analysis (see table ...

Plaid Cymru and the Welsh Liberal Democrats have strongly criticised the UK government for rejecting calls to pay compensation to women hit by changes to the state pension age. Campaigners says 3. ...