Soon-to-be and recent retirees significantly underestimate their longevity, expecting a lower chance of survival to old age compared to official estimates, according to the Institute for Fiscal Studies (IFS).
Nearly three-quarters of workers were saving into a workplace pension scheme as of April last year, data from the Office for National Statistics (ONS) shows.
UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed, a larger decline than analysts expected.
The latest ONS data on pensions offers a snapshot of the UK's pension entitlements. Victoria Ticha takes a look at what the numbers show.
Mortality continues to show a steady decline in improvement, well below previous estimates. Victoria Ticha explores industry's reaction to the new CMI model
Retired households are increasingly relying on private pension provision for income, but there is a huge gap between the rich and the poor, Office for National Statistics (ONS) show.
Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.
The UK economy beat forecasts to grow by 0.4% in Q3, according to the latest figures from the Office for National Statistics (ONS), further increasing the likelihood of a Bank of England interest rate rise next Thursday.
Occupational pension scheme membership hit yet another record high in 2016, with more than 39.2 million saving through their workplace, latest Office for National Statistics (ONS) data reveal.