Retirement
FCA wants pension providers to boost consumer engagement
As it sets out standards to make sure savers can access ‘value for money products’
UK retirees suffer £210m state pension shortfall
DWP identified nearly 32,000 instances where it underpaid pensioners since January 2021
Millennials prioritise parents over inheritance
Preferring they have a comfortable retirement rather than gift money
UK government commits to ‘unsustainable’ pension triple lock
Calls for system to be assessed to find a ‘fairer way’ to raise the state pension
68% of Brits back pension triple lock
‘Attacking’ it would be a ‘seriously high-risk and deeply unpopular move’