A new report by Moneyfacts has revealed that while the total amount of money being saved into personal pensions may now have surpassed the pre-financial crisis high, the retirement incomes that are being delivered are still 27% lower than in 2008, so retirees continue to lose out in real terms. Significantly lower incomes
According to estimates from HMRC, personal pension contributions surpassed their 2007/08 peak in the 2015/16 tax year, while personal pension membership is also at a record high. Yet while this initially sounds good news, the latest Moneyfacts UK Personal Pension Trends Treasury Report revealed that […]
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