Pensions, savings and investments

Savers underestimating how much they need for retirement

8 out of 10 people are unaware of how much they need to save to achieve their target for retirement, according to research by Seven Investment Management.

Investors expect dividend cuts

56% of personal investors are concerned that businesses may cut their dividends, according to research by The Share Centre.

Retired household income remains steady

Retired household income was largely unaffected by the economic downturn, according to the Office for National Statistics.

Pension ISA tax relief could lower savings

The potential pension ISA tax relief currently being considered by the government could lower savings by a sixth, according to research by the Association of British Insurers.

Self-employed not paying into pensions

Only 17% of self-employed people are saving into a pension, according to the Office for National Statistics.

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