Budget 2018: Savers RUSH to top up pension pots as FEAR over savings CUTS build

CONCERNED savers are racing to top up their pension pots “while they still can” ahead of Chancellor Philip Hammond’s budget next week, according to Zurich. In a move that shows investors are “clearly worried” of a further reduction to the annual allowance, the insurance firm recorded double the average amount of cash being stashed into pensions in September, compared to the annual average. Daily Express :: Finance Feed

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Pension news: Savers MASSIVELY underestimating cost of retirement – how much do you need?

SAVERS could be set for a cash-strapped retirement as a large chunk of Britons have no idea or are dramatically underestimating the size of pension pot needed for their golden years. The UK’s future pensioners are way out in their estimates for retiring, with one in five adults predicting they only need up to £50,000 for their pension pot – £210,000 less than the minimum recommended amount. Daily Express :: Finance Feed

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Pension news: Should you move your pension abroad? Pros and cons of overseas schemes

MANY hard-working Britons dream of retiring overseas to spend their golden years in warmer climates and cheaper living costs – but what happens to your pension? The basic choice is between leaving your pension in the UK and collecting your money from abroad, or transferring your pot to an overseas scheme. Daily Express :: Finance Feed

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