DWP launches mid-life MOT website

The Department for Work and Pensions has launched a website promoting ‘mid-life MOTs’ for people to assess their career plans, financial situation, and physical health. The portal includes a link to the Government’s Check your State Pension service, alongside guidance...

Average cost of life goals totals £566k

For the average person, achieving major life milestones such as buying a house, having children and saving for retirement costs a total of £566,659, research shows. According to calculations by Royal London, it would take 25 years for someone on the median graduate...

Pensions cold-calling ban takes effect

A ban on cold-calling about pensions has come into effect, as of 9 January 2019. Cold-calling is a common tactic used by scammers to commit pensions fraud, with an estimated 8 scam calls being made every second - or 250 million a year. The ban was originally announced...

Divorced women miss out on pension wealth

Many divorced women are ending up as the "poor relations" when it comes to division of assets, according to research. Royal London claims divorced women end up with less than half the property wealth of married couples and less than a third of the average pension...

Most employees worried about sick pay

More than half of employees are concerned about how they would manage financially if they became too ill to work, a survey by Royal London shows. A poll of 1,030 people found that 52% would worry about their income if they were off sick from work for longer than a...