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Retirees need 20% more income - PLSA

Soaring inflation means that retirees need 20% more income to retire on a basic standard of living than last year, according to a new report from the Pensions and Lifetime Savings Association.

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1m more to consider annuities - prediction

Nearly one million people are considering annuities for the first time as a result of rising annuity rates, according to a new prediction.

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1 in 5 younger women failing to save for retirement

Nearly one in five (19%) of women in their 30s are failing to save for retirement, according to a new report.

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Editor’s Comment: Welcome to flexi-retirement

 

There has been a wave of stories recently suggesting that people are pushing back their retirement or opting for a ‘phased’ retirement due to the cost of living crisis.

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