1 in 6 people don’t know who their pension would go to if they passed away Cohabiting partners are especially at risk of missing out if not formally nominated Some still have ex-partners listed – regular reviews are essential One in six people with a [...]

New research¹ has shone a light on the extent of pension knowledge gaps among UK adults. While 53% of people believe they are knowledgeable about pensions, only 35% can correctly identify a defined benefit scheme and 34% understand what a defined contribution scheme is. Additionally, [...]

The government is encouraging individuals to take advantage of the opportunity to maximise their State Pension by filling gaps in their National Insurance (NI) records for the period between 6 April 2006 and 5 April 2018. By making voluntary contributions, people can potentially increase their [...]

Over one million individuals have entered self-employment since 2020¹, so it is important to ensure you are still planning for retirement by making regular pension contributions. A growing sector In 2023, there were 4.2 million people in the UK’s solo self-employed sector – 3% higher [...]

Over the years, a number of notable trends, such as increased longevity and individuals taking on greater responsibility for their pension provision, have clearly altered the retirement landscape significantly. Now, new trends look set to further change the face of retirement, adding complexity to the [...]

Several retirement reports have hit the headlines recently with a consistent message: if you want a comfortable retirement, you should plan early and be flexible. Could a phased retirement approach work for you? Research from Standard Life¹ suggests a ‘gradual transition’ into retirement could be [...]