Category: Annuities

Over 50s reveals money is the biggest concern for 28% of retirees

Over 50s reveals money is the biggest concern for 28% of retirees More than a third (35%) of retirees are worried their cash will dry up before they die and a quarter say they don’t think they have enough money in their pensions to cover their retirement, according to SunLife’s Big 50 research. Big 50, which interviewed 50,000 people age 50 and over, found that, when asked to think about their biggest concern for the future, 28% of retired people...Read more

‘State Pension top up’ scheme starts

'State Pension top up’ scheme starts A new scheme to help anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security. A new scheme is being launched helping anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security. Men aged 65 or older and women aged 63 or older are being offered a chance to increase their State Pension by up to £25 a week, giving them guaranteed extra income...Read more

Saving for your retirement? One in ten adults uses a piggy bank!

Saving for your retirement? One in ten adults uses a piggy bank! Four in 10 UK adults say they are not saving for their retirement Almost half are saving for retirement in cash forms Holidays and rainy days are the top reasons for saving in general Almost half of UK adults are saving on a monthly basis One in 10 UK adults is using a piggy bank to save for their retirement, according to new research from Aviva. A delve...Read more