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UK retirement news

UK retirement news. Trends, new products and government announcements. Brought to you by the Moneyfactscompare.co.uk editorial team. Compare all retirement products and subscribe to our email newsletter for weekly updates.

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Latest retirement news

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Many in for a “nasty shock” as one third of adults have less than £10,000 saved in their pension

20th May 2025

Meanwhile, fewer than 10% received financial advice on investments, pensions or retirement planning in the past 12 months.

Meanwhile, fewer than 10% received financial advice on investments, pensions or retirement planning in the past 12 months.

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The two-year window: How to prepare for upcoming Inheritance Tax changes

29th April 2025

With unused pension pots set to be subject to Inheritance Tax in April 2027, Kellands Hale explains how you can prepare for the upcoming changes.

With unused pension pots set to be subject to Inheritance Tax in April 2027, Kellands Hale explains how you can prepare for the upcoming changes.

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Are calls for Lifetime ISA reform finally being heard? Treasury Committee launches review

9th January 2025

Despite its popularity, the Lifetime ISA has received criticism for imposing harsh withdrawal penalties and not keeping up with the current economic climate.

Despite its popularity, the Lifetime ISA has received criticism for imposing harsh withdrawal penalties and not keeping up with the current economic climate.

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State Pension set to rise by 4.1% under Triple Lock formula

16th October 2024

The Labour Party committed to protecting the Triple Lock in its manifesto, but how long is it sustainable?

The Labour Party committed to protecting the Triple Lock in its manifesto, but how long is it sustainable?

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National Insurance cuts and a State Pension boost: What the Autumn Statement means for your finances

23rd November 2023

Autumn Statement 2023 sees National Insurance contributions cut to 10% while the State pension is set to increase by 8.5%

National Insurance contributions cut to 10%; State pension set to increase by 8.5%

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UK retirees among poorest in Europe. Here's how to boost your later-life income

3rd November 2023

When measured against both state and private pension averages around Europe, the UK often falls far down the list of the most well-off countries. Keep reading to find out three financial aspects that could affect your later-life income and how to overcome them, plus three unmissable financial opportunities to prioritise in retirement.

Find out three financial aspects that could affect your later-life income and how to overcome them.

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New charter calls on political parties for pension reform

27th October 2023

The Building a Consensus for Better Pensions charter unifies voices from across the pension industry in calling on major political parties for reform.

The Building a Consensus for Better Pensions charter unifies voices from across the pension industry in calling on major political parties for reform.

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What is the triple lock on state pensions and why does it matter?

12th September 2023

In its 2019 manifesto, the Conservative Government pledged to keep the triple lock in place for the duration of its Parliament, but could rising wages force them to abandon this promise? Below we explain how the triple lock works, and why it will be an important part of the Government's manifesto.

Could the value of your state pension rise by more than inflation?

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Interest rates and annuities: What could this mean for your retirement?

22nd August 2023

As interest rates rise, retirees are benefiting from higher annuity rates.

As interest rates rise, retirees are benefiting from higher annuity rates.

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No regrets in retirement: How to retire with a sound financial plan

25th April 2023

Here are the four retirement regrets some individuals experience, and how you can escape them when you embark on your own retirement journey.

Here are the four retirement regrets some individuals experience, and how you can escape them when you embark on your own retirement journey.

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Considering a retirement U-turn? Here are three important things to know

24th March 2023

If you're thinking of returning to work here are three things to consider.

If you're thinking of returning to work here are three things to consider.

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Spring Budget 2023: Lifetime Allowance scrapped

15th March 2023

How does the Spring Budget affect you?

How some of the measures announced in the Spring Budget could affect you.

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