News

High net worth-individuals in the UK are underestimating how much money they need for the retirement they envisage, the ...
Savers have been warned that they are "significantly understimating" how much they will need in their pension pot in order to ...
Overall average. According to data from PensionBee, the average UK pension pot was worth £20,077 as of May 2024.. However, some individuals hold multiple pension pots, so the combined value of ...
R5.2bn in pension debt owed by employers, mainly municipalities and security firms, leaves thousands of workers in limbo.
No one wants to risk running out of money partway through retirement, but if you’re not careful, a phenomenon known as “pound ...
Pension policymakers need to “finish the job” and create a pension system that allows people to enjoy a financially secure ...
Analysis by Quilter Cheviot for MoneyWeek shows that a pension pot of £250,000 could provide a 65-year-old in good health with an annual income of £16,258 based on typical rates of 6.5%.
Charalambous says “somewhere between €400,000 and €600,000 is a suitable pension pot for most individuals”.
Move represents another kicking down the road of measure necessary to address a looming pension crisis. ... a person earning €40,000 would have €5,600 a year contributed to their pension pot.
What Rachel Reeves’ pensions revamp means for your retirement pot - and will you really see £6,000 more? There will be economic benefits to grouping pension pools together - but more risky ...