Thursday, January 23, 2020
Home Retirement

Retirement

Featuring the latest retirement news, these articles show you how to make the most out of your pension, and provide information on retirement planning, pension transfers, QROPS, QNUPS and SIPPS.
This market is volatile – and our team of experts can help you understand the factors at play by stripping away the opinions and reporting the solid facts.
We’ll keep you up to date with the latest legislation, how to claim pensions when you are overseas, and any changes to British pension rules.
To compliment this offering, we also look at the latest expat lifestyle trends – so you stay informed of the latest news and developments – wherever you are in the world.

The dire state of pension finances of those ready to retire this year is exposed in new research by a leading financial firm. One in seven approaching retirement have no pension to rely on other than the state pension, the study by Prudential found. And 39% of those planning to retire...
Divorce numbers are falling in the UK – but older people are bucking the trend, according to official statistics. While divorce across all age groups dropped by 28% in the past 10 years, the numbers for the over 65s have rocketed. The number of men over 65 splitting up rose by...
Hundreds of workers who believed they had a ‘bootiful’ retirement in store have had their hopes dashed by the sale of their poultry firm employer. They are part of the 2,000 strong workforce of Bernard Matthews, Europe’s largest turkey farmer. The firm was bought in 2013 by Rutland Partners, which also...
The benefits of transferring a final salary pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) depend on each retirement savers financial position – and there’s no one-size fits all solution. But with the recent pensions overhaul by former Chancellor George Osborne, the goal posts have shifted. Expat pension savers now...
Stopping work is not about slowing down but the dawn of a new age of excitement for thousands of new retirees. Half of all retirees regard their golden years as the best time of their life which gives them the time to learn new skills, travel and gain new experiences. A...
The privilege of retiring late in life seems to belong exclusively to the most developed countries, new research suggests. Norway has the oldest official retirement age for men and women since the 1970s – 67 years old. But the good news is the country has a flexible retirement financial strategy that...
The huge number of workers in denial about their retirement savings is laid bare in a new survey. Research by The Equity Release Council (ERC) has revealed that 65% of British retirement savers are ‘unaware, unwilling or unable’ to face up to the financial challenge they face. Indeed, one in 10...
Families are banking on their older relatives to fund their luxury lifestyles by borrowing huge amounts of cash, according to a new survey. Younger relatives confessed they turn to the over 65s to the tune of more than £1 billion a year to help pay for a lifestyle they can’t...
As your pension will provide the bulk – if not the whole – of your income during retirement, it is essential you research the market thoroughly to ensure you have the best option for your needs. But first things first, when it comes to your retirement, it’s important to never...
Don’t worry if you are an expat wanting to transfer your UK pensions to a Qualifying Recognised Overseas Pension Scheme (QROPS) but the country where you live has no provider. To be fair, the problem applies to around one in four countries as QROPS pension providers are based in 42...
Civil Servants - both current and former – are now publicly expressing their concerns, as retirement promises and pre-agreed arrangements look likely to be reneged upon. In the face of adverse public sector pension conditions, which include a huge deficit bill made worse by austerity measures, and the threat of...
Half the adult population consider owning property as a foundation of wealth for their retirement even though millions do not own a home. People seem obsessed with property, with more than 8 million planning to use their home or investment property as a cornerstone of their plans for retirement. And one...
Retirement savers are failing to review their pension plans and are not saving enough to fund their later years, according to new research. Around 14% of British savers with private pensions have not bothered looking at the performance of their plan in the last three years, says a survey by...
The much vaunted Great Pensions Freedom Day has turned out as a disappointment for millions of retirement savers who have had their dreams of taking cash from their savings dashed. Many of the largest pension providers are either not ready or not willing to offer flexible pension drawdown. Those who could...
Retirement is an unachievable dream for millions of workers who cannot believe they will ever have enough money to give up working. New research reveals that 39% of workers are despondent about their later years. And more workers feel they will never retire than those who think they will (35%), says...