Less than half of pensioners aged 65-75 ‘confident their savings will last’

Major warning for SA's two-pot retirement system as repeat withdrawals SOAR

As South Africans adjust to the newly implemented two-pot retirement system, early warning signs suggest that the intended goal of safeguarding retirement savings may be undermined by a surge in repeat withdrawals. Data from retirement fund administrators reveals that during the first two months of the 2025 tax year -March and April – roughly 75% of withdrawal applications were repeat claims, highlighting a troubling pattern of short-term cash a…

Less than half of pensioners aged 65-75 ‘confident their savings will last’

The survey of 1,000 people on a moderate retirement income was undertaken for Aviva and Age UK.

LINZ. Senior citizens' association complains that pensioners would be seen as a "cost factor" in the debate on state budget.

The Morning Briefing: Retirees not confident pension will last for life; ‘lack of understanding’ around ESG funds

Good morning and welcome to your Morning Briefing for Monday 12 May 2025. To get this in your inbox every morning click here. Retirees not confident their private pension savings will last for life   Just under half (48%) of mid-retirees aged 65-75 who do not pay for financial advice are confident they are on track to make their private pension savings last for life. This is according to the report Retirement Reality: Managing money in mid-retir…

Beyond finance, Kim and John share how they mentally prepared for retirement

Mental and financial challenges arise when entering retirement. Seniors share their tips to help cope with the change, plus an expert shares superannuation tip.

Exact amount Brits need to afford basic retirement and how many will struggle

New research has exposed the grim reality that a huge number of people in the UK are likely to face a retirement below the minimum standard