Retirement

Products | 14 Jun 16

To be introduced in the UK in April 2017, the Lifetime Isa (Lisa) is intended to incentivise people to save for their first home, their retirement, or both. But research published by the independent Pensions Policy Institute (PPI), sponsored by Royal London, compares the tax-free savings scheme with its international counterparts and highlights some challenges that may arise.

Best Practice | 13 Jun 16

Successful investment leading up to pension age plays a significant role in retirement outcome but taking full advantage of the taxation benefits available can equally help maximise an expat’s position.

Retirement | 10 Jun 16

People in the UK with smaller pension pots could lose as much as 10% of their retirement savings paying fees under the pensions freedoms, while others are failing to shop around for the best deals.

Retirement | 8 Jun 16

Nearly half (43%) of over-55s in the UK do not understand the financial options available to them more than a year after the government introduced the pension freedoms, with 15% admitting to having no understanding at all.

Retirement | 8 Jun 16

The UK’s Royal Mint has opened its doors for the first time to savers looking to buy gold bars as part of their pension plan, though one brokerage firm has revealed that a British pensioner preferred to bury £850,000 ($1.2m, €1.09m) worth of gold in his back garden.