{"id":6534,"date":"2012-05-26T04:58:01","date_gmt":"2012-05-25T21:58:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-a-20000-pension-youll-have-to-put-aside-a-quarter-of-your-salary\/"},"modified":"2016-03-02T13:19:56","modified_gmt":"2016-03-02T06:19:56","slug":"want-a-20000-pension-youll-have-to-put-aside-a-quarter-of-your-salary","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-a-20000-pension-youll-have-to-put-aside-a-quarter-of-your-salary\/","title":{"rendered":"Want a \u00a320,000 pension? You'll have to put aside a quarter of your salary"},"content":{"rendered":"


\nScottish Widows report highlights a yawning gap between what people expect to receive on retirement and the grim realityRetirement savings have hit a record low, with the number of people putting aside money for a pension falling by 5% last year alone, according to a report this week. Meanwhile, figures prepared for Money suggest even middle-income workers in company schemes will have to find an extra \u00a3600 a month to fund even a basic level of retirement income.The eighth Scottish Widows annual report on UK pensions found that less than half of the population is putting enough aside for their retirement, with 22% saving nothing at all. Women are in a much worse position than men, with just 42% having adequate savings compared with 49% of men. Continue reading…
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\nSource : theguardian.com
\nRead more…Want a \u00a320,000 pension? You’ll have to put aside a quarter of your salary<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Scottish Widows report highlights a yawning gap between what people expect to receive on retirement...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6534","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1Ho","jetpack-related-posts":[{"id":6664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-investigates-six-life-insurance-firms\/","url_meta":{"origin":6534,"position":0},"title":"FCA investigates six life insurance firms","date":"March 3, 2016","format":false,"excerpt":"\r Prudential and Old Mutual under scrutiny as regulator looks at treatment of long-standing pension and savings customersBritain\u2019s financial watchdog has criticised the way some life insurance firms have treated their long-standing customers and is carrying out a further investigation into six firms including Prudential and Old Mutual.The other firms\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73523,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-arent-the-ticking-timebomb-rents-are\/","url_meta":{"origin":6534,"position":1},"title":"Pensions aren\u2019t the ticking timebomb \u2013 rents are","date":"December 2, 2017","format":false,"excerpt":"\r Non-homeowners currently in their 50s face having to find huge amounts of money to pay ever-escalating rentsScottish Widows is the sort of unassuming pensions company that rarely likes to publicly criticise government policy. But an analysis it published this week is a stark warning about the ticking time bomb\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lloyds-to-move-1000-scottish-widows-staff-to-outsourcing-firm\/","url_meta":{"origin":6534,"position":2},"title":"Lloyds to move 1,000 Scottish Widows staff to outsourcing firm","date":"September 26, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Lloyds to move 1,000 Scottish Widows staff to outsourcing firm","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-people-retires-with-no-private-pension\/","url_meta":{"origin":6534,"position":3},"title":"One in seven people retires with no private pension","date":"April 9, 2014","format":false,"excerpt":"\r Women three times more likely to have no retirement savings, Prudential finds \u2013 while many over-estimate state pension sizeOne in seven people will retire with no pension other than the basic state pension, according to research by Prudential, with women three times more likely than men to have no\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scandal-of-a-hidden-tax-rule-that-punishes-widows-on-a-pension\/","url_meta":{"origin":6534,"position":4},"title":"Scandal of a hidden tax rule that punishes widows on a pension","date":"May 10, 2008","format":false,"excerpt":"\r Jeanne Brown's tax bill soared when her husband died. As she tells Tony Levene, this age-related penalty is a policy that 'stinks'While the furore over the abolition of the 10p tax rate refuses to die down, a largely forgotten group of pensioners has been hit with losing 30p in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-the-10-point-action-plan-to-take-advantage-of-the-new-rules\/","url_meta":{"origin":6534,"position":5},"title":"Pensions: the 10-point action plan to take advantage of the new rules","date":"January 5, 2015","format":false,"excerpt":"\r You don\u2019t have to be on the point of retirement to be thinking about how you will survive once you stop workNext April will see the biggest, and most popular, reform to pensions in more than a generation. Any requirement to buy an annuity \u2013 much hated because of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6534"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=6534"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6534\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}