Savings

Average cost of life goals totals £566k

Typical aspirations take 25 years to pay for, estimates show.

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Pensions cold-calling ban takes effect

Cold-callers could face fines of up to £500,000.

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Divorced women miss out on pension wealth

Savers urged to take advice as divorces rise in January.

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Most employees worried about sick pay

Workers urged to plan finances in the event of illness.

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Government publishes self-employed pensions paper

Only 32% self-employed people currently save for retirement.

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Quarter of over-50s don’t know state pension age

Rises in state pension age cause confusion.

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First pensions dashboard expected in 2019

Government plans to implement multiple dashboards.

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1 in 3 pension savers ‘not confident’ about retirement

Retirees say financial situation has worsened.

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Retirees ‘not fazed’ by market volatility

Only 1 in 10 are reassessing their investment strategy.

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Drawdown savers risk running out of pension income

53% of pension pots in drawdown might not last for life.

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