The Latest Breaking News from PLSA

The total value of lost pension pots in the UK has jumped by nearly £12 billion since 2018, the Pensions Policy Institute calculated.

The proportion of people reporting being financially worse off than a year ago has eased, but many are still cutting back, according to the PLSA.

Plans to expand Automatic Enrolment will enable people to save more and to start building retirement posts earlier.

A Private Members’ Bill, being supported by the Government, could pave the way for the automatic enrolment age to be lowered to 18.

A consultation on small pension pots has been launched by the Department for Work and Pensions (DWP) with the aim of making it easier to keep track of your retirement fund

There is a particular focus on helping people reduce the number of small pensions they have from changing jobs

Despite the state pension being set to rise by 10.1% in April, many are feeling anxious

The exact amount needed for state pensioners to have a comfortable retirement has increased in the last years due to a rise in the cost of living crisis and comes as Martin Lewis confirmed a rise in energy prices in a few months time.

The figures are detailed