It recently came to light that 134,000 people have been underpaid their state pension. A public spending watchdog released a report that showed the cases were mostly women, many being widows. The underpayments reached a total of £1 billion. Some of these underpayments date all the way back to the mid ‘80s. These underpayments occurred […]
The UK has continued to see a rise in the number of people accessing their pension pots or enquiring about doing so. People accessing their pension as a flexible income has increased by 56% according to research since the first lockdown last year. The increase is due to people withdrawing after holding off when stock […]
For many, the UK state pension forms the foundation on which PPP (private pension provision) is built. How one qualifies, how much it will be, and at what age a person can expect to receive it, are all important factors that must be considered. With this, is the added uncertainty that exists around the timing […]
A decade ago, women could claim their state pension when they turned 60, and men at 65. With recent changes, the qualifying age for both sexes fell in line with one another, and almost four million women born after March 1950 felt the impact of this as the government increased the state pension age from […]
With a £2.1bn deficit rise, twenty-year gilt yields ended the month of October at around 0.05% up, while 10-year and 30-year yields were up 0.04% and 0.07%, respectively. Markets driven by Covid and then the US elections have played a big part, yet even with that, some pension schemes weathered it pretty well. Being mindful […]