Retirement
26% of British women have no formal pension savings
Education around retirement pots ‘needs to be improved’
UK retirees suffer £300m state pension shortfall
DWP identified nearly 47,000 instances where it underpaid pensioners since January 2021
Increase in UK state pension age set to be scrapped
Decision is ‘kicking an inevitability down the road’
DB pension transfer values suffer 4% drop
While 92% of cases raised at least one scam warning flag in February
Advice clients raiding pensions to help family with living costs
Brits warned they are risking their retirement