Savings

Delaying retirement ‘would boost pension income’

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

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Retirees fear savings will dry up

35% of retirees worry about running out of cash before they die.

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Bleak retirement outlook for Millennials

1 in 10 global workers think Millennials are in the best position for a comfortable retirement.

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Workers saving more to meet retirement goals

72% of workplace savers are expressing an interest in personalising their pension to suit retirement needs.

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1 in 7 people without a private pension

1 in 7 people aged 55-65 are approaching retirement without a private or workplace pension.

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Over-50s retire too early

Four in five retirees wished they had worked longer, according to research by SunLife.

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‘Start saving for retirement in your 20s’, says watchdog

Which? urges consumers to save a little more for retirement

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Self-employed not planning for retirement

52% of self-employed people do not have a retirement plan compared to the rest of the world.

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Pensions freedoms encourage saving

14% of people are saving more into their pension pot as a direct result of the pension freedoms.

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ISA allowances for 2017/18

Wednesday 5 April is the final day savers can contribute to an ISA before the allowances are reset for the new tax year.

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