Home and garden makeover is top spending goal for retirement

What will you splash out on in retirement? A home and garden makeover is most people’s top spending goal Around a quarter of over-40s intend to book a holiday to celebrate retirement Some 23 per cent want to help children and grandchildren buy a home Nearly a third plan to work beyond pension age to … Read more

Raising retirement age could help Bank of England fight next recession

Raising retirement age could help Bank of England fight next recession, according to top official By Daily Mail City & Finance Reporter Published: 17:11 EDT, 26 July 2021 | Updated: 17:46 EDT, 26 July 2021 Raising the retirement age could help the Bank of England fight the next recession, according to a top official.  Gertjan … Read more

Veteran Seven newsreader Rod Young announces his retirement on air

Signing off: Veteran Channel Seven newsreader Rod Young announces his retirement on air – ending a broadcast career spanning four decades By Jesse Hyland For Daily Mail Australia Published: 02:26 BST, 20 July 2021 | Updated: 02:30 BST, 20 July 2021 Veteran broadcaster Rod Young is signing off for good after a stellar 45-year career. … Read more

Would you like to stay in your work pension in retirement?

People in workplace pension schemes run by Standard Life are being invited to stay put in retirement, rather move their pots when they want to start making withdrawals The pensions giant, which will offer this option to 1.5million savers, says there will be no additional charges for ‘in-scheme drawdown’ and you can transfer in other … Read more

Women head for retirement with pensions HALF the size of men’s pots

Women aged over 50 are heading for retirement with pensions HALF the size of men’s average £82,000 pots Women aged 50-plus have around £43,000 in private pensions on average Men have around £82,000, and also have higher cash savings How do you plug the gap? Read a guide to sorting out your pension below By … Read more

Can the buzz around PensionBee sweeten your retirement?

Planning for retirement is an important financial goal for most savers. Yet the complexity of pensions means that many remain uncertain about their options. In recent years, we have seen a welcome focus on simplifying pensions and giving savers control over their money. The app PensionBee has been creating a splash after it was valued … Read more

Will you suffer a ‘horrible shock’ at retirement? How to build a decent pension

Many workers are heading for disappointment when they retire on far less comfortable pensions than those enjoyed by today’s older generation, a finance expert warns. Employers dumping generous, guaranteed final salary pensions and government hikes to the state pension age are among eight hurdles that will make people saving now poorer in retirement than they … Read more

California couple preparing for retirement adopt seven children orphaned after car accident

A couple who were preparing to retire has revealed they felt compelled to adopt seven children after seeing an advert on social media. Pam, 50, and Gary Willis, 53, from Menifee, California, who have five children and had been fostering kids for many years, explained that they were anticipating retirement and their last child leaving their six … Read more

Take our midlife financial MOT: See how your retirement is shaping up

More middle-aged savers should take a financial health check to get them ready for retirement, the pensions minister has told MPs. It is hoped that a simple ‘midlife MOT’ will give those aged between 45 and 60 a good idea of how prepared they are for later life, and help them take action now to … Read more

Wives and women who divorced in retirement urged to check pensions 

Older wives and women who divorced in retirement urged to check if they are entitled to a better pension By Ben Wilkinson for the Daily Mail Published: 22:01 GMT, 9 March 2021 | Updated: 22:01 GMT, 9 March 2021 The Government has put aside £3bn to  pay around 200,000 wives, widows and over-80s who should … Read more