The total amount of withdrawals made using pension freedoms since April 2015 has risen to £25.62 billion, Government statistics show. People aged 55 and over have benefitted from more choice when it comes to accessing…
One in four female homeowners over the age of 55 have no private pension, according to research from SunLife. In a poll of more than 1,000 homeowners over 55, 24% of women said they had…
Smaller employers have seen their workers’ participation in workplace pensions increase to 70% since the introduction of auto-enrolment, research from the Institute for Fiscal Studies (IFS) shows. The report found that without auto-enrolment, 26% of…
The Department for Work and Pensions has announced new proposals to support the development of pensions dashboards, with initial industry models expected in 2019. Pensions dashboards were first proposed in 2016, and are intended to…