Equity Release

A policy paper, sponsored by Royal London and Responsible Life, looked at how British adults make use of housing wealth in later life and has called for changes to the equity release sector. Recommendations have been made so that consumers have a better understanding...

Planning for retirement

Approaching retirement is a worrying time for everyone.  Have you saved enough?  A recent report showed that only a quarter of people retiring this year feel confident that they have enough put aside – not only to enjoy, but to afford these years at all.  This needs...

Qualifying age for free bus pass is set to change

The promise of free travel through an older person’s bus pass usually comes with retirement but changes of the rules may mean some will receive this travel concession later in life that expected.  The rules of when a person is eligible for a bus pass varies – in...

Loss of pension income for those under 40

Around four million workers under 40 could be losing out on investment returns as they are in low-risk pensions that do not have potential for higher growth. Research, undertaken by Opinium, showed 66% of people between 18 and 39, equal to around 10 million people,...

July/August

Welcome to our latest edition. Inside this issue, the unique combination of tax breaks and flexible access available to pensions makes them a compelling choice when saving for retirement. On page 08 we look at one of the key benefits of saving into a pension rather...