Retirement

Do you have a Power of Attorney? MoneySavingExpert.com founder Martin Lewis explains how this crucial protection works, why it's more important than a will, and how to get one in the latest episode of ITV's The Martin Lewis Money Show Live.

Pension auto-enrolment is to be extended to 18-year-olds under plans set to be published by the Department for Work and Pensions today.

Savers using the new Lifetime ISA (LISA) won't be charged the 25% penalty for withdrawing money which isn't put towards a first home or retirement in the first year of the scheme, the Government has announced.

Anyone wanting to open a Lifetime ISA will be first made fully aware of how the product works and how much it will cost to make early withdrawals, under proposals by the financial regulator.

More than 106,000 people have now signed a petition protesting controversial changes to the state pension which will hit hundreds of thousands of women aged 55-65. MPs will decide if the petition should be granted a second parliamentary debate after an existing debate already scheduled for tomorrow (7 January).

MoneySavingExpert.com is supporting a major petition highlighting the plight of hundreds of thousands of women aged 55-65 who will be hardest hit by changes to the state pension. We're urgently calling on everyone to sign it today to ensure that 'fair transitional arrangements' are debated in Parliament.

Sweeping changes could be on the way to how we save for a pension, the Chancellor announced today.

If you run a small business or employ a nanny or carer, you may need to start paying into a pension for them as part of the Government's next phase of auto-enrolment.