Pensions

A curate’s egg for pensions

Good news and bad for pension savers. The size of the average pension fund in the UK has risen considerably, but many people will be disappointed by the income that [...]

Time to get out?

Phil Oakley on how to spot toxic stocks before it's too late

Pensions are changing. Old-style defined-benefits pensions are disappearing. State coffers are running dry. And the government is constantly fiddling with the pensions rules. A comfortable retirement is by no means guaranteed.

So now more than ever it’s vital that you build up a healthy pot of money that you can draw on to fund your retirement. At MoneyWeek, we can help you do that. Not only accumulating your pension pot throughout your working years, but also making sure it produces the income you need to enjoy your retirement.

How to make Pensions Freedom Day work for you

At MoneyWeek, it’s OUR goal to help you use your pension freedoms to help secure your financial future. But to make the very most of these changes, and enjoy these newfound freedoms, you need to understand what’s going on.

So we’ve put together a FREE report, ‘Pensions Freedom Day’ to help you find financial freedom to go on to pursue whatever other dreams or ambitions you have in life. We’ll show you how!

GET YOUR FREE REPORT >>

Pensions freedom: How to make sure scammers don’t steal your nest egg

Pensions Freedom Day signalled open season for scammers intent on tricking the unsuspecting out of their pension pots. Kam Patel looks at how to stay safe.

Pensioners: don’t get fleeced twice

Annuity holders looking to take advantage of their new freedom should be extra careful. Merryn Somerset Webb explains why.

Three pension traps for the unwary

Pensions Freedom Day is upon us, and you’re right to be excited, says Merryn Somerset Webb. Just watch out for these three pitfalls.

Latest articles on pensions

A poor deal for deferred pension scheme members

Some five million deferred members of company pension schemes are missing out on valuable opportunities to make the most of their savings because of poor communications from their former employers.

A curate’s egg for pensions

Good news and bad for pension savers. The size of the average pension fund in the UK has risen considerably, but many people will be disappointed by the income that their pot can secure.

Pensions cold-calling ban back on the table

The government is to ban all unsolicited calls, text messages and emails relating to pensions under new laws that aim to stem the rising tide of pension frauds and scams.

Get your child a pension

Parents and child with a piggy bank © Getty images

When it comes to saving for retirement, you can never start too early, says David Prosser.

Can you trust your trustee?

Sleeping gallery security guard © Getty images

Trustees are the front line of defence for defined-benefit (DB) pensions-scheme beneficiaries. But can you trust them, asks David Prosser.

Pensions advice site could land savers in the red

Pension Wise, the government’s pension-advice website, which has so far seen five million visits, could land savers with a shock tax bill because key information is poorly presented

Elderly divorcees could end up much poorer in retirement

With couples who get split often ending up worse off in retirement, pensions have become an increasingly important element of divorce settlements, especially for older couples who may have less time to build up new savings.

The state pension drifts further away

Millions of Britons born between 1970 and 1978 will have to wait up to a year longer than expected to claim their state pension benefits.

Pensions victory for same-sex couples

A Supreme Court victory for a retired businessman who argued that the UK’s pensions legislation discriminated against same-sex couples paves the way for thousands of gay couples to claim improved retirement benefits.

Savers opt for pensions freedom

Almost a third of savers using income-drawdown plans to access their pension take no financial advice before doing so, according to the Financial Conduct Authority.

From 6 April 2015, you have been able to do whatever you like with your pension money. John Stepek explains the changes, and what you should do with your pension pot.