Many people in the UK face a low level of retirement income – for many, lower than they would like. Therefore it is important to review your pension planning while you are still working to check that it is on target to provide the retirement income that you will need when you eventually retire. There [...]
How much should I save for retirement?
November 28th, 2010The amount that need to save for your retirement, depends upon the level of income that you are going to want when you are a pensioner, so it is entirely up to you to decide how much that is. The basic state pension is currently £97.65 for a single person and £156.15 for couples, so [...]
Why women should worry about pensions
November 22nd, 2010A recent survey carried out by Scottish Widows has found that many women are not saving enough for their pensions and consequently face an uncertain future when they reach retirement age. Many women do not have an unbroken employment record and this has affected their pension saving. Even women in full time employment are not [...]