People retiring this year will have around £5000 less to live on than the average working adult, a survey by Prudential shows.
The financial services giant’s Class of 2008 study showed that the average retiree can expect to receive a total pension income of £18,663 a year, far less than the average wage. And only 46pc believed...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.