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ONS retirement attitudes data causes more confusion

The Office for National Statistics has released data from the Wealth and Assets Survey covering attitudes towards saving for retirement for the period July 2016 to Dec 2016. From Nathan Long – Senior Pension Analyst at Hargreaves Lansdown.

Contributor: Nathan Long | Published: 29 June 2017

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General Election – the key retirement planning issues

Ever since the NI Budget U-turn debacle, an early General Election has made increasing sense. The Government needs a mandate to govern and if it lacks the legitimacy even to deliver on its centre-piece announcement of a rise in NI rates for the self-employed, then an Election in pursuit of a strengthened majority was the logical solution. From Tom McPhail, Head of Policy - Hargreaves Lansdown.

Contributor: Tom McPhail | Published: 29 April 2017

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Plunging pound dampens sunny retirement dreams

British spending on Eurozone property halves in a year. Data released by foreign exchange specialist FEXCO shows Britons cancelling all but essential payments for European property. Comment from David Lamb, head of dealing at FEXCO Corporate Payments, explained:

Contributor: David Lamb | Published: 19 April 2017

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Employees set to fail from the start

Only ten percent of employers believe their employees are saving enough for their retirement. Comment from Jonathan Watts-Lay, Director, WEALTH at work.

Contributor: Jonathan Watts-Lay | Published: 27 January 2017

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Are Brits totally unprepared for retirement?

Forty-five percent of people are still unsure what auto-enrolment actually means. Seventy-three percent of people who know what auto-enrolment means, believe that they will be able to comfortably retire at 65 because they have auto-enrolled in their work pension scheme. More than half (56 percent) of Brits don’t know what percentage of their salary is going into a pension. With comment from Andrew Firth, Chief Executive, Wealth Wizards.

Contributor: Andrew Firth | Published: 15 January 2017

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The changing attitudes to working in later life

Attitudes to later life employment and to retirement are changing, with increasing emphasis on flexible and part-time employment in the approach to retirement. It is also encouraging to see strengthening recognition of the value and importance of pension saving to pay for retirement. From Hargreaves Lansdown comment Tom McPhail, Head of retirement policy.

Contributor: Tom McPhail | Published: 15 December 2016