Do you know what the pension reforms will mean for you and when the new rules are due to come in to force?
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The industry is not ready for new pension freedoms set to be introduced in six weeks time, insurers have warned.Read the full story ›
George Osborne has confirmed the Government is extending the pensioner bonds scheme for a further three months "so potential savers don't miss out".
The Chancellor wrote on Twitter:
Our 65+ pensioner bonds have been most successful saving product ever – over 7.5bn bonds have been sold to over 610,000 pensioners so far
Confirming today that the 65+ bonds will be on sale until 15th May - so potential savers don’t miss out on the market-leading rates on offer
A survey has found low levels of knowledge about pensions among people approaching retirement age. Here's a guide to pensions jargon.Read the full story ›
Less than half of those who reach pension age after April 2016 will be entitled to a full state pension, new government figures reveal.Read the full story ›
Millions of retired workers could be given the right to sell their pensions under plans put forward by the Pensions Minister, Steve Webb.Read the full story ›
Government changes to pensions will give over-55s more flexibility to access chunks of cash from their retirement fund.Read the full story ›
The shortfall in Britain's private sector pension plans rose to an estimated £170.6 billion at the end of August from £122.7 billion a month earlier, new data from Pension Protection Fund (PPF) showed.
The PPF was created in 2005 to take over the assets and liabilities of UK-based defined benefit pension schemes if an employer goes bust.
Social security cuts of more than £6 billion are designed to simplify the system to make it easier for pensioners to get the support they need, a Department for Work and Pensions spokesman has said.
Our older people have worked hard and paid into the system all their lives. That is why this Government has protected key support for pensioners including winter fuel payments, free prescriptions, free eye tests and bus passes and free TV licenses for the over-75s.
Furthermore, the 'triple lock' guarantee has given today's pensioners a basic state pension which is a higher share of average earnings than at any time since 1992 and will make 12.7 million people better off by over £400 a year by the end of this Parliament.