Pensions, savings and investments

Most workers favour flexible retirement

264,000 people take up pension freedoms in Q2 2018.

MPs call for end to Lifetime ISA

Treasury committee criticises “complex” savings product.

Auto-enrolment ‘must tackle under-saving’

Government report calls for more to be done to help savers.

Savings levels fall in 2018

39% of pre-retirees feel they are not saving enough.

8 in 10 people ‘in the dark’ about pension savings

Pensions body recommends introducing retirement income targets.

1 in 4 people expect to work to age 70

Pension savers are optimistic about how healthy they will be after they retire.

Cashing-in pension pot could cost savers

Some pensioners could be missing out on 37% extra income.

IPSE recommends ‘sidecar pension’ for the self-employed

Only 31% of self-employed workers are saving into a pension.

Micro-firms ‘uncertain’ about auto-enrolment

33% micro-employers are unsure about staging dates.

Savers to have more control over pension investments

Pension providers will be required to reveal impact of investments.

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