A growing pensions gap shows carers retire with significantly less private pension income than the national average ...

SAVERS could get a boost of up to £29,000 in their pension pots by retirement thanks to Government reforms, new figures ...

Average pensioner incomes were £407 per week in 2023-24, down from £410 the previous year and the lowest level since 2019-20. Couples had an average weekly income of £595, while the figure for single ...

According to data from PensionBee, the average UK pension pot was worth £20,077 as of May 2024. ... This compares to an average retirement income of £8,500 for the wider population.

Nearly 9 million people in the UK will enter retirement with between just £3,650 and £6,750 a year in income from a private pension, according to a new report, leaving many struggling to pay ...

If pension contributions were upped to 12%, the average £35,000 earner would have £691,977 in their pension pot by retirement - still a shortfall of hundreds of thousands of pounds.

The UK Government has confirmed that an estimated 8.51 million people of State Pension age paid income tax in the 2024/25 financial year and as the Personal Allowance will remain frozen at £ ...