Pensions - Articles - Grumpy Old Pension Men: 5th April 2013


The Grumpy Old Pension Men -- Ralph Turner and Brian Critchell -- share their views on the latest pension headlines with you every Friday.

 

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The state pension remains a critical income source
Average annual retiree spending is £22,140 per year – nearly £10,000 below the recommended Pensions UK level for an adequate lifestyle in retirement.
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In July the government revived the Pensions Commission, to address the UK’s retirement crisis that risks tomorrow’s pensioners being poorer than today
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Aon has found that fewer UK defined benefit (DB) pension schemes are now granting inflation-driven discretionary increases. When compared with the two

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