Helen Morrissey

Pension savers have held off from making changes to their pensions despite nearly half having been impacted by the pandemic, research finds.

The £2.3bn withdrawn flexibly from pensions in Q3 represents a 2% year-on-year decrease from monies withdrawn during the same months in 2019, HM Revenue and Customs (HMRC) figures show.

The government will reintroduce the pension schemes bill as part of an “ambitious programme of domestic reform”, the Queen’s Speech confirmed today.

Mid-life support for employees can be a win-win scenario for both employees and employers, according to the Centre for Ageing Better.

Membership of occupational pension scheme membership has risen to a record high of 45.6 million people as of the end of last year, according to the Office for National Statistics (ONS).

AE has had 'truly staggering' impact

HM Revenue and Customs (HMRC) has taken over £400m too much in tax from savers accessing their pensions since the introduction of Freedom and Choice in 2015.

There are 'shocking disparities' in pension incomes - including within the same region, according to a Royal London analysis of HM Revenue & customs (HMRC) data.

Hundreds of thousands of people coming up to retirement are at risk of their pension being given to an ex-partner when they die, Royal London research finds.