Pensions Savings Investments

200,000 people took out flexible payments worth a record £1.86 million in the 3 months to 30 June 2017.

Many adults may be overestimating the perks they receive to make their retirement more affordable.

People born between 6 April 1970 and 5 April 1978 will have to work an extra year.

56% of adults feel they are not saving enough of their pre-tax income each month.

70% of under-30s are not saving enough to reach their ideal retirement income.

Saving for your child’s future using Junior ISAs.

Divorcees who are due to retire this year will be 16% worse off than married individuals.

Those nearer to retirement are 3 times more likely to opt out of workplace pensions.

Individuals can start saving money into a Lifetime ISA for the very first time from 8 June 2017.

Adults approaching retirement could add £46,388 to their savings if they defer their pension by 5 years.