Pensions
PLEASE NOTE: The information on these pages will be updated when the pension review, announced by the Chancellor of the Exchequer, George Osborne, in the June 2010 'emergency budget' has been completed and any changes announced.
In the UK, along with many developed countries, we are living longer than ever before. Office for National Statistics This, together with the imminent retirement of the post-war 'baby boomer' generation, is putting immense pressure on the ability of the state, employers and individuals, to provide for an adequate pension.
- The age at which a state pension will be payable will rise to 66 and may rise further
- Employer final salary pensions are being closed down
- 35% of the working population in the UK make no pension provision (Barings survey 2008)
According to the Office of National Statistics, nearly half of the country's working population have no idea what income they will receive in retirement.
What will your retirement be like?
If you want a comfortable retirement, we offer independent pension and retirement planning advice.
UK pensions - summary | A-Day 2006 pension changes | annuities | state pensions | pension glossary
