Pensions
Comprehensive news, insights and advice on pensions: from SIPPs to the State Pension, types of annuities to building a comfortable pension pot from the MoneyWeek team.
Explore Pensions
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What is the state pension age and when will you get yours?
Significant differences in life expectancy across the UK mean people in some areas will receive far fewer state pension payments than others, according to new research. We look at when the age is next scheduled to go up, and whether people could have to wait until their 70s, or even 80th birthday, to claim their state pension
By Ruth Emery Last updated
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Young pension savers expect to ‘need £100,000 plus a year’ for a good retirement
Some under 40s are aiming high for their pensions, reckoning they will need a pot big enough to generate six figures a year in retirement income, according to new research. Those much closer to taking their pension expect to need far less.
By Laura Miller Published
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Gender pension gap rises to £113,000 – how to fill the shortfall and boost your pension
The gender pension gap is growing, says Scottish Widows, with a third of women facing poverty in retirement
By Ruth Emery Published
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1 million pensioners relying solely on state pension face £1.4k shortfall
The shortfall between the ‘minimum’ required for Pensions UK’s basic Retirement Living Standards and the full new state pension will be thrust into the spotlight on Saturday
By Laura Miller Published
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Warren Buffett’s three lessons for pension investors
In his final letter to investors, outgoing Berkshire Hathaway CEO Warren Buffett has some last words of wisdom before, as he says, he will “go quiet” when he steps down at the end of the year.
By Laura Miller Published
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Higher earners face £50k pension hole if Reeves caps salary sacrifice in Budget
Chancellor Rachel Reeves Reeves’ rumoured plan to fill her own fiscal black hole by capping salary sacrifice schemes in the Budget could cost workplace pension savers tens of thousands of pounds at retirement
By Laura Miller Last updated
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Reeves ‘won’t target tax-free pension cash’ – but damage already done for some savers
Chancellor Rachel Reeves has reportedly ruled out a cut to the amount of pension money retirees can take tax-free. But after months of speculation, it will be too late for anyone who pulled out of their pension based on pre-Budget jitters, as wealth experts warn against irreversible decisions.
By Laura Miller Last updated
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Radical reforms to state pension age and guaranteed payouts proposed
The state pension age should rise by one year every decade “for the foreseeable future” to make the payments more affordable, former pensions minister Steve Webb has suggested
By Laura Miller Published
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Self-employed? Start saving for your pension now
Britons who are self-employed have neglected to build up their retirement fund. Could changes to the self-assessment system help them act now?
By David Prosser Last updated
