24 h. ago Lifetime ISA vs personal pension: Which is better for higher retirement income?

It’s never too early to start putting your money to work for the future - but which product would serve you best?

Politics

32 h. ago Quarter of women have ‘never heard of’ crucial retirement income method

UK women are being ‘left behind’ in the retirement industry and will end up paying the price out of their pension pot if they don’t take action, experts warn

Politics

46 h. ago People need an annual income of £44,000 in retirement for comfortable lifestyle

Workplace pensions could give people a better chance of the kind of lifestyle they want in retirement.

Economics

5 d. ago DWP confirms 2026 State Pension age change for people with certain birthdates

The DWP will start to implement a State Pension age change from next year, moving from 66 to 67 - and this is how it will affect you depending on your date of birth

Economics

9 d. ago Martin Lewis urges parents to do one key thing as children turn 18

Martin Lewis has advised parents to open a Lifetime ISA with just £1 for their children once they turn 18, to help get “the clock ticking” for them to buy a house.

Society

1 week ago Born into crisis, gen Z is saving for retirement like no other generation | Gene Marks

Older gen Zers, with memories of the 2009-10 financial crisis, are saving more, but experts say employers should helpResearch published at the end of last year by the Investment Company Institute with help from the University of Chicago found that gen Z – those born between 1997 and 2012 – are “outpacing” earlier generations in contributing to retirement, having more than three times more assets in their 401(k) retirement savings accounts than gen X households had at the same time in 1989, adjusted for inflation.This mirrors a 2023 study from the TransAmerica Center for Retirement Studies, which found that gen Z is doing a “remarkable job” saving for retirement with many putting away as much as 20% of their income towards the future. Continue reading...

Events

1 week ago Urgent DWP warning for State Pension and benefit recipients about text message scam

DWP has issued a fresh warning to the 23.7 million people across Great Britain who get benefits such as the State Pension, Universal Credit, PIP and Jobseeker's Allowance

Events

2 w. ago New call to scrap TV licence fee for every person over State Pension age

Only older people over 75 on Pension Credit are exempt from paying the £174.50 TV licence fee.

Politics

2 w. ago Tax expert shares simple ways to get Winter Fuel Payment with a retirement income over £35,000

Pensioners with an income above £35,000 can either opt-out of the Winter Fuel Payment or repay it through PAYE or Self Assessment.

Economics

2 w. ago Complexity of Lifetime Isas increases risk of poor financial decisions, says Treasury Committee

The Treasury Committee said the design of the Lifetime Isa may be diverting people away from more suitable products.

Events

2 w. ago Martin Lewis issues 'urgent' warning to anyone saving in a Lifetime ISA

A report published today shows that Lifetime ISAs may not be working as they should be

Events

2 w. ago Martin Lewis issues call for 'critical' action on ISA 'fines'

The personal finance expert has been a long-time critic of the Lifetime ISA and said the report was 'something we've banged the drum about for years'

Politics

2 w. ago Business news live: Lifetime ISA facing reform and financial advice rules get ‘once in a generation’ overhaul

Stock markets updates and business news from Monday

Economics

2 w. ago Warning issued to anyone using a Lifetime ISA to save for first home or retirement

Lifetime ISA savings accounts may not be working as they should, the Treasury Committee has found

Events

2 w. ago Calls to reform Lifetime ISAs over ‘nonsensical’ rules causing savers to lose their own money

A 25 per cent boost on a first-house deposit sounds a terrific deal - but the product itself can be complex and limiting

Politics

2 w. ago Martin Lewis issues urgent statement to anyone saving money in Lifetime ISA

The personal finance expert has spoken out after a report said the Lifetime ISA (Lisa) may be diverting people away from more suitable products

Economics

2 w. ago Lifetime Isa raises risk of making poor financial decisions, say MPs

Treasury committee questions whether tax-free savings product is subsidising wealthier first-home buyers

Events

2 w. ago Lifetime Isas may need to carry warnings for some savers – Treasury Committee

The Treasury Committee said the design of the Lifetime Isa may be diverting people away from more suitable products.

Events

3 w. ago Is a SIPP right for you? Five things Scots should know before investing

Opening a self-invested personal pension (SIPP) can be an excellent way of managing your wealth ahead of retirement, but is it the right option for you?

Politics

3 w. ago How much money will YOU need to retire on? Use this simple calculation to find out (and it's good news for lower earners!)

Here, we explain how to work out your own retirement income target - and then how to do a vital second reality check to ensure it will be enough.

Politics