How Much Income Will I Need in Retirement?

Category: pensions & retirement & Uncategorized

Everyone’s idea of what income is needed to provide you with an ‘acceptable standard of living’ in retirement is different. In addition, no estimate remains the same for long as prices and the cost of living change year-on-year. However here, drawing upon published material from Standard Life and the Joseph Rowntree Foundation (JRF), we look at some estimates and invite you to look at how your hopes and expectations for quality ‘Golden Years’ in your retirement, stack up.

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The Regulation of Work-Based Pensions Schemes

Category: pensions & Uncategorized

The Pensions Regulator is the regulator of work-based pension schemes in the UK, with objectives to: protect members’ benefits; reduce the risk of calls on the Pension Protection Fund (PPF); to promote and to improve understanding of the good administration of work-based pension schemes; to maximise employer compliance with automatic enrolment duties; and to minimise any adverse impact on the employer’s plans for sustainable growth.

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Report reveals vast disparity between the sexes retirement finances

Category: pensions & retirement & Uncategorized

Recent research from MGM Advantage, the retirement income specialist, reveals alarming disparities between the retirement finances of men and women. Although, on average, people in retirement feel that they need an additional £130 per week on top of their current income to be financially comfortable, women’s financial position in retirement is already more austere than that of men and their outlook seems to be much more prudent.

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