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    Posts Tagged :

    pensions

    UK lagging behind Europe for pension provision

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    Retirees have put in decades of time and effort as part of their working life to prepare for retirement, counting on their pension to help maintain a comfortable future. However, the quality of state pensions varies drastically based on where you live – But which countries around the world have the best systems? Blacktower Financial […]

    84% think covid-19 has affected employee retirement plans

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    A recent poll conducted by WEALTH at work found that 84% of respondents think employees have changed their retirement plans in light of the pandemic. Jonathan Watts-Lay, Director, WEALTH at work, said: “The pandemic has affected nearly all of us and not least those employees who are approaching retirement. It therefore comes as no surprise that […]

    £47K shortfall in employer pension contributions for women

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    There is a ‘gap’ between the amount that men and women receive in employer pension contributions, which if left unaddressed could result in a shortfall of £47,000 by the end of a woman’s working life, according to the inaugural Zurich Workplace Savings Barometer. Last year, on average, men under the age of 35 received £217 […]

    Multiple pension funds add up to retirement confusion

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    Nearly one in five employees have built up three or more company pension funds during their career, making it more difficult to keep track of their retirement planning, new research from employee benefits consultancy Portus shows. Its nationwide study shows 17% of employees have built up three or more pension funds as they have moved […]

    Who’s in line for what pension?

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    The Pensions and Lifetime Savings Association (PLSA) has published new research analysing the incomes different UK generations can expect in retirement. ‘Retirement Income Adequacy: Generation by Generation’ reveals that automatic enrolment will deliver a real improvement in the retirement outcomes of millions of people in the UK, but there is still room for improvement. Of the […]

    More than half of people don’t know how much their employer contributes to their pension

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    To mark Financial Capacity Week, Just Retirement reveals that 58% of people have no idea how much their employer contributes to their pension and 43% would battle to identify how much they contribute themselves. New research of more than 3000 people over the age of 21 suggests that while workers value pension savings, they are […]

    Half of savers want workplace education

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    Research from Equiniti, a leading investment and pension technology company, shows that uncertainty about what to do is preventing savers from investing as much as they want to. A survey of more than 6000 savers and investors found that more than half (58%) do not save or invest as much as they want, with around […]

    Tax is the biggest pension issue for HR departments

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    Taxation issues are the biggest source of inquiries for HR departments from members of company pension schemes, new research from employee benefits consultancy Portus shows. Two out of three (67%) HR departments say they have dealt with general tax inquiries, outstripping questions about fund values that have been dealt with by around 60% of HR […]

    Pension performance disappoints 1 in 5 employees

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    More than one in five company pension scheme members – the equivalent of 2.3 million workers – are disappointed with the performance of their retirement savings, new research from employee benefits consultancy Portus shows. Its nationwide study shows 21% of employees are concerned about the performance of their company pension scheme over the past two […]

    Nearly 1 in 7 over-65s boost pensions by working

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    Nearly one in seven over-65s are boosting their pensions by working, earning around £296 in addition per week, MetLife’s analysis of pensioners’ income statistics shows. The data reveals that the numbers of over-65s working has increased from just 8% of the pensioner population in the past 10 years to 13% – the equivalent of 1.1 million […]


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