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Tag: pension

Pension WARNING: Savers risk losing almost HALF the value of their pot by transferring

Pension WARNING: Savers risk losing almost HALF the value of their pot by transferring

Finance News
SAVERS who are just a decade away from retirement are being warned they risk losing almost HALF the value of their pension if they choose to transfer out. New research shows workers who transfer face waving goodbye to a whopping 45 percent of the “full value” of the pension on average, meaning they could only stand to pocket 55 percent. Daily Express :: Finance Feed
Pension news: Young people risking retirement POVERTY as they prioritise buying a home

Pension news: Young people risking retirement POVERTY as they prioritise buying a home

Finance News
ONE in three under 35s could risk struggling in retirement as they choose saving to buy a new home over putting money into a pension pot, according to new research. The pull of the property ladder is enough for some 19 percent of 18 to 34 year olds to admit they would rather save for a deposit than up their pension scheme contributions. Daily Express :: Finance Feed