Page 312 - Pensions News Today

Speculation has been mounting over whether Rishi Sunak will maintain the state pension triple lock in its current form as he battles to claw back cash for the public finances

Minister of Social Policy of Ukraine Oksana Zholnovych has said that pensions for citizens from de-occupied territories will be calculated from those contributions that were paid to the Ukrainian pension system.

But three-quarters feel the world of investing should be accessible for people from all income levels, research has found.

Nearly half feel daunted by the prospect of starting to invest their money - and 45% don't get involved in doing so, as they believe it is only for the super-rich

Irish retirement savers will receive cash back on their pensions for the first time, as an online pensions and investment adviser seeks to lure pensions in the same way that mortgage lenders use cashback deals to attract new customers.

Q I’m 48 and work in the private sector. I’ve done what I can to build up my pension but I can’t help noticing my friends in the public sector seem to have great pensions in comparison to what I’ve been able to amass. Should I look for a public sector role to secure my long-term pension provision?

It comes despite a Government report warning earlier this year that claimants who have faced a sanction get back into work less quickly and earn less when they do

The Government insisted it was not going to axe the lifeline following reports Prime Minister Rishi Sunak was drawing up plans that would have meant only the very poorest OAPs would still be eligible

Cash-strapped pension savers risk depleting their retirement savings and leaving nothing left for later life as they make record withdrawals to survive the cost-of-living crisis.

As a result, over half of women worry they may not be able to afford the retirement they have always hoped for - and one in six fear they may not be able to retire at all