Half of pre-retirees (46%) would consider retiring to a cheaper country to get better value for money, according to a survey from the National Association of Pension Funds.
The majority of those taking part in the survey (60%) did not expect to be able to retire in comfort in the UK. Only 15% think they will. And a quarter (24%) of those aged 55 to 64 would rather retire...
The Department for Work and Pensions (DWP) will develop and test new ways to include 4.8 million self-employed workers in pension savings.
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Financial Reporting Council (FRC) should be abolished and audit and advisory businesses should be split into separate entities to improve the sector for both savers and investors, two reports published today say.