If you live and work in the UK, there are different types of pension plans to help you save for retirement. Find out how they work so you can choose the best option. Defined benefit and defined ...

A retirement crisis is silently brewing in India. With pension assets accounting for only 3% of GDP, the country lags far behind developed nations like Japan (31%) and the US (98%). For most ...

You can take a tax-free lump sum from your pension when you turn 55. We explain how the rules work and what to consider before accessing your money in this way. When you save into a pension you ...

What is pension tax relief? To incentivise you to save for your retirement, the government tops up any pension contributions you make in the form of tax relief. This means that some of the money that ...

What is the pensions annual allowance in 2025-26? The government spends billions of pounds every year on pensions tax relief and, therefore, places a cap on the amount you can save every year, upon ...

Is there a pension lifetime allowance in 2025-26? The Chancellor announced in the 2023 Budget that the lifetime allowance had been abolished, although some protections remain in place. Previously, you ...

Read about the changes that might affect your state pension, private pensions and other benefits if you move into a care home. If you move into a care home, your eligibility for benefits may change.

When you stop working is up to you, but whether you can afford the retirement lifestyle you want all comes down to how much you've managed to save. In a 2024 survey carried out by Which?, 51% of ...

The calculator uses your date of birth to work out the date you’ll be able to claim the state pension from, and specifies what your retirement age is. This is based on the latest Government plans.

Can I defer my state pension? Although you can't start taking your state pension before state pension age, you can delay when you start receiving it. Doing so could result in you receiving a higher ...

When can I claim the state pension? The state pension age is currently 66, but this will rise to 67 between 2026 and 2028. It is scheduled to rise again to 68 between 2044 and 2046, but this could be ...

What was the state second or additional state pension? The second state or additional state pension was a top-up to the basic state pension. You can no longer build up any second state pension, but it ...