Pensions freedom is great – just be careful how you use it
Don’t be too keen to take money out of your pension pot
Don’t be too keen to take money out of your pension pot
A growing number of families are challenging their parents’ wills, as ‘blended families’ risk disintegration under the financial strain.
People already drawing their state pension are being urged to consider a generous loophole that could boost their income by thousands of pounds a year in exchange for "unretiring".
British pensioners are getting a worse retirement income than their counterparts in Chile and Ireland, a report suggests, as the UK has fallen outside the top 10 countries for first time.
A number of annuity holders may be due redress if they were mis-sold a standard annuity when they could have got a higher income from an enhanced deal.
The Treasury's decision to abandon plans to let pensioners raise money by selling their annuities has been welcomed by the pensions industry.
Scottish Mortgage continued to be the investment trust most bought by clients of our sister website Interactive Investor in September - a position it has held since May 2015.
High-interest fixed-term bonds issued from Jan-May last year for over-65s They were considered the most successful financial product for years Other plans to help savers may include tax breaks, such as ripping up savings limits on Isas
Equity release has long been thought of as a way to boost retirement income without needing to downsize, and our latest research shows that those seeking such an arrangement have more choice – and better deals – than ever before.
A 55-year old has an average pot of £42,621 and is paying an 1.85% fee They would have to save until they are 80 to boost that to £50,000 But switching to a new-style fund charging 0.34% means it would only take until they reach age 63, analysis by Profile Financial found Find average fees and pot sizes for 35, 45 and 55-year-old savers below Pension experts explain your options if you are paying high fees