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As we are still early in 2023, it is important to take stock of the previous year. This is applicable to understanding the current performance of your pension. This guide will look into how the cost-of-living crisis has affected private pensions and whether it remains a strong investment option. How

The UK pensions market, worth £13.9billion, is facing unprecedented challenges and opportunities as technology-driven innovation transforms the way people save, invest, and retire. While the current system has served many people well, it also suffers from complexity, inefficiency, and uneven outcomes. As the population ages, and financial pressures mount, the

Up to 1.7 million who became self-employed or changed jobs stopped retirement payments or cut back. We urge retirement savers to think carefully about pensions despite cost-of-living pressures.   Workers deciding to become self-employed or change their jobs are contributing to a rise in people cutting back on retirement saving.

State pension will only cover just over half even after next year’s inflation-linked increase. Biggest costs are food, energy and house bills, transport, and recreation – but costs drop once you hit 75. Our analysis of government data shows that pensioner households need a basic £20,000 a year in income

More than two out of five self-employed don’t contribute to a pension compared with employees Our latest research* shows that self-employed workers are nearly three times more likely to not be paying into pension funds compared with employees. The nationwide study found 44% of self-employed workers are putting their retirement

More than 5.5 million workers have three or more pension funds. Consolidating pension funds can reduce fees and save administration time. Our latest research shows nearly one in three pension savers worry they have built up funds they have lost or forgotten about after changing jobs. The nationwide study found

Since the pension freedoms legislation was introduced in the UK in 2015, people have enjoyed much greater levels of control over their retirement savings. This particular bill has opened up a range of different saving and pension withdrawal options, enabling better monetary flexibility for individuals everywhere. It has also served