Related topic: Retirement

The Bill has passed but a programme of detailed consultations are now set to kick off.

New analysis from Rathbones shows British pensioners retiring to countries with a frozen UK state pension could lose more than £77,000 in income over 20 years.

First-time buyers can now access products up to 90% LTV, while retaining exclusive access to dedicated first-time buyer products.

A drop in healthy life expectancy risks creating a ‘growing chasm’ of years in poor health before state pensions kick in, industry warns.

The solution responds directly to the FCA’s recent thematic review.

Of those who have spoken to a financial adviser about their retirement plans, just 7% were presented with equity release as an option unprompted.

Existing figures assume that the state pension ‘triple lock’ remains in place for the next fifty years.

One in four UK adults have not received any financial advice about retirement planning.

The average pension pot for a self-employed worker could sit at just £50,700 at retirement — roughly 15% of that of employees. 

UK adults who receive professional financial advice report a retirement confidence score of 5.5 out of 10 – well above the 4.2 national average.