Pensions, savings and investments

State pension top up open until April 2017

Individuals who want to top up their state pension income have until 5 April 2017 to make an application.

Industry reaction to money purchase annual allowance consultation

Industry bodies have reacted to the proposed changes to the money purchase annual allowance.

Growth in pensioner income surpasses working households

Pensioner households have on average £20 more a week than working households.

Older savers call for more ISA clarity

Older savers are calling for ISAs to be simplified.

Tax-free pensions advice allowance introduced

Starting your retirement plan? Savers will be able to withdraw up to £1,500 from their pension pot tax-free to pay for financial advice from April 2017.

Many still unaware of Lifetime ISA

Many people are unaware of the Lifetime ISA and how it works, 2 months before its official launch.

21% lose track of multiple pensions

21% of people with multiple pension pots have misplaced one or all of their retirement savings.

Half of adults want to retire before state pension age

When would you like to retire? 48% of working adults would like to before they reach stage pension age.

Jargon putting over 50s off investment

The prevalence of technical jargon is preventing people over the age of 50 from investing.

Lifetime ISA exit charge scrapped

There will be no 5% exit charge on the Lifetime ISA for the first 12 months the product is available.

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