November 2025
05Nov

UK. Almost two thirds of mid-retirees have not had essential conversations about finances

Research by Aviva, a leading pension provider, and Age UK, the UK’s expert voice on ageing, has found that mid-retirees are navigating retirement without the financial support or guidance they may need as they get older. The report by Aviva and Age UK (published May 2025), Retirement Reality: Managing Money in Mid-Retirement, highlights the challenges faced by mid-retirees navigating the retirement landscape. The research surveyed 1,000 mid-retirees (aged 65-75) who have a private pension, are on a moderate retirement...

November 5, 2025
News,
Read more...
03Nov

UK. Nigel Farage refuses to commit to the triple lock on pensions

Nigel Farage has suggested that the minimum wage may be “too high” for younger workers, as he laid out Reform’s vision for the UK economy. The Reform leader, speaking in the City of London on Monday morning, also revealed he was abandoning plans for tax cuts that were a central part of the party’s previous manifesto – and refused to commit to the triple lock on pensions. Asked whether he thought the minimum wage was too high, Mr Farage said: “There’s...

November 3, 2025
News,
Read more...

October 2025
30Oct

UK. Reeves urged to cut pension lump sum withdrawals to £100k

A pressure group of which Rachel Reeves is a member has urged her to cut the tax-free pension lump sum to £100,000. At present, most savers can take 25pc of their pension pot tax-free once they reach the age of 55, up to a maximum of £268,275. However, the Fabian Society, a prominent Labour-associated think tank, has suggested cutting the allowance by two-thirds at the Budget on Nov 26 in an attempt to raise £2bn. It claimed that pensions were “systemically” under-taxed and...

October 30, 2025
News, Uncategorized,
Read more...
29Oct

Pensions UK calls for triple lock review amid rising state pension cost

Pensions UK has proposed replacing the triple lock with a more sustainable uprating mechanism once the state pension reaches a “clear adequacy benchmark”, ensuring it provides minimum income standards for a decent retirement. In its response to the government’s third state pension age (SPA) review, the trade body acknowledged the triple lock’s role in protecting pensioners’ incomes in real terms - particularly given ongoing concerns about the adequacy of retirement outcomes from defined contribution (DC) schemes. However, Pensions UK pointed to Office...

October 29, 2025
News, ,
Read more...
27Oct

More than a third of UK workers face retirement poverty amid weak engagement

More than a third of UK workers - equivalent to around 11.6 million people - are on course to fall short of covering their basic needs in retirement, research from Scottish Widows has revealed. The insurer’s latest report, Retirement Realities: Unlocking the Workplace Benefits, found that while auto-enrolment has brought millions into pension saving, contribution levels and engagement remained far too low to deliver adequate outcomes for most workers. Drawing on surveys of 1,000 senior decision-makers responsible for workplace pensions and 2,000...

October 27, 2025
News,
Read more...
27Oct

Life expectancy must not be only factor to determine state pension age

Life expectancy should not be the only factor when setting the state pension age, experts have warned. Providers shared their concerns as part of the call for evidence for the Third State Pension Age Review, warning any age changes should not deepen inequalities. The review into the state pension age is exploring how changes in life expectancy, along with other factors should be reflected in future changes to the state pension age. The state pension age is increasing to 67 by 2028, with...

October 27, 2025
News, ,
Read more...
24Oct

Latest Retirement Living Standards show costs for Minimum retiree needs have fallen, while Moderate and Comfortable Standards see modest rises

By Pensions UK The latest update of the PLSA's Retirement Living Standards (RLS) shows a decrease in the cost of the Minimum retirement lifestyle, down to £21,600 per year for a two-person household, due to the impact of lower energy prices and changes in the public's expectations for this standard. Meanwhile, the Moderate and Comfortable standards have risen modestly, reflecting the impact of inflation across many expenditure categories offset by decreases in energy costs. This year, the cost of a Minimum Retirement...

October 24, 2025
Articles, System Characterization, ,
Read more...
24Oct

What’s making pension funds bet big on bitcoin?

Digital assets are no longer just a playground for early adopters — big institutions are now stepping in. From pension funds to multi-strategy hedge funds, investors are increasingly looking for crypto exposure. Yahoo Finance Future Focus caught up with Anatoly Crachilov, CEO of Nickel Digital, to find out which institutions are leading the charge and what’s driving their interest. Crachilov traced the evolution of crypto investors over Nickel Digital’s six-and-a-half-year history. Initially, demand came from family offices, but today, larger...

October 24, 2025
News, ,
Read more...
23Oct

UK. Retirement incomes could increase by as much as 60% as Government green-lights ‘collective’ pension schemes

Unlike Defined Contribution (DC) schemes, CDCs pool pension schemes into a collective fund giving workers regular pension payments for life, more security and higher average retirement incomes throughout retirement when compared to individual pension pots. The new regulations will allow the expansion of CDCs to more employers and will address a growing demand among workers to receive a more secure retirement income. Research shows almost three-quarters of people with DC schemes want a guaranteed income from their pension despite 50%...

October 23, 2025
News, ,
Read more...
22Oct

UK. Retirement investment solution providers urged to seize innovation opportunities

Retirement investment solution providers should “seize the day” amid rising asset levels that are providing opportunities for innovation, according to a report from NextWealth. NextWealth stated that assets in retirement investment solutions were on the cusp of a significant growth spurt. With the first cohort of ‘pension freedom’ retirees reaching 75, there is a growing imperative for innovation, which has been dominated by Royal London’s Governed Retirement Income Portfolios (GRIP), the firm said. If GRIPs were removed, the assets held in solutions...

October 22, 2025
News,
Read more...