Nearly half of retirement savers are worried they are having to take more risks with their pension planning because of the shrinking options for guaranteeing an income in retirement, new research shows. According to MetLife, 45% of retirement savers fear they have to take more risks because of a lack …
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Nearly a third (30%) of people aged between 18 and 39 plan to save in both a workplace pension and Lifetime ISA when the Lifetime ISA launches next year, new research has revealed. According to workplace pension provider NOW: Pensions, 16% of 18 to 39-year-olds said they will continue to …
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The Bank of England’s decision to cut interest rates to 0.25% will deliver “another painful bloody nose” to pensioners and savers, industry experts have warned. The Bank cut interest rates from 0.50% to a new record low of 0.25% on Thursday, the first interest rate cut since 2009, when the …
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