Messages aim to promote pensions to the self-employed

Government-backed pension provider NEST is trialling emotive messages to nudge self-employed people to start saving for their retirement. The messages aim to persuade the self-employed to sign up for pensions through payment or accountancy platforms or trade and...

‘Pension freedoms age should increase’

The age at which people access their retirement savings through pension freedoms should be increased, the Association of British Insurers (ABI) has said. Introduced in April 2015, the freedoms extended the options for over-55s accessing their pension savings before...

Few savers on track for retirement

Most savers (56%) believe they are not stashing away enough money to fund a comfortable retirement. The statement comes from the Pensions and Lifetime Savings Association (PLSA), which polled 2,096 people. Only one in five respondents were confident they are on track...

1 in 4 over-60s opt out of workplace pensions

Around a quarter of over-60s in employment are believed to be opting out of saving into workplace pensions through auto-enrolment, a report claims. Royal London claimed 23% of employed sexagenarians were opting out of auto-enrolment, much higher than the 10% national...

Expats get state pension uprating until 2023

Annual state pension increases for expats living in Europe will only be guaranteed for the next three years, if the UK leaves the EU without a deal. The Department for Work and Pensions (DWP) confirmed plans to annually increase the pension benefit to UK expats until...