Around one in two people in the South-West are worried about running out of money in retirement

Fear of running out of money in retirement is rising among those in the South-West with nearly half (47%) concerned their savings will not last them through retirement, new research* from Investec Wealth & Investment (UK) shows, which has an office in Exeter.

In general, women are more worried about running out of money compared to men. More than half (54%) of women surveyed are...

Mark Williams announces retirement as Chief Executive of East Devon District Council

Mark Williams has announced his retirement as Chief Executive of East Devon District Council.

Mark joined the Council as Assistant Chief Executive in August 2000 and was promoted to the position of Chief Executive two years later.

During his 21-year career as Chief Executive, the Council has achieved national recognition as one delivering high quality and value for money...

Over 3,000 workers in Devon and Cornwall to benefit from Mid-Life MOT

More than 3,000 workers in Devon and Cornwall are set to benefit from a new government-backed scheme helping over 50s approaching retirement.

Mid-Life MOTs were introduced in 2019 to encourage older workers to take stock of their work, wellbeing, and finances.

They act as a free review for workers in their 40s and 50s, enabling them to better prepare for their retirement by...

Plymouth workers over £136,000 worse off in retirement relying on pension pots, new report finds

A new report has found the average worker in Plymouth, will face a £136,099 deficit in retirement income if they rely solely on pension contributions.

The Retirement Shortfall Report , produced by pension advisors Almond Financial, analysed regional salary and life expectancy data of the top 30 most populated cities and towns in the UK before comparing with total pension...

Retirement wishes to Oddfellows members Bro. Lance and Sis. Della English

After many years of service on the Committee of Management of the Plymouth and Truro District Oddfellows, husband and wife Bro. Lance and Sis. Della English are finally retiring.

Their membership of the Oddfellows Friendly Society, which extends back over 50 years, will be continuing though, and so their association with the organisation will endure.

Lance and Della, who...

New campaign calls on pensioners in the South West to check eligibility for Pension Credit

Pensioners and their loved ones in the South West are being urged to take-up Pension Credit, as the Government launches a new campaign today that will help those of pension age with the cost of living.

New figures show around 117,800 pensioners in the South West currently receive Pension Credit. However, many are still not claiming this extra financial help, which can offer a vital...

Abbeyfield Trustees retire after combined 80 years’ service

Three Trustees from the Abbeyfield Exmouth Society have made the decision to retire from their roles after a combined incredible 80 years of service to the organisation.

The Abbeyfield Exmouth Society, a member of The Abbeyfield Society, is the charity that manages Harding House, a sheltered housing complex for 13 older people in Littleham. As with all charities, it is run by a Board...

Study reveals Plymouth is the 6th best city for retirement

Retirement can be both an exciting and scary time, and many enter this new stage of life with a desire to relocate. In fact, experts at found that 64% of Brits plan to move to a different UK city when they retire.*

Eager to find out which cities in the UK are best for retirement, created an index-based point system based off various social and...

Confused about pensions? What you need to know

More than three-quarters of employees across the UK were members of a workplace pension scheme last year – a new record high, official figures reveal.

According to the Office for National Statistics (ONS), 77% of employees were in a workplace pension scheme in 2019, marking the highest membership rate since comparable records started in 1997.

Automatic enrolment into...

Pension relief: Use it or lose it!

Following the government’s announcement that pension relief is to be reduced from April next year, ACCA (the Association of Chartered Certified Accountants) is reminding everyone that any unused relief from the past three years is still open to them.

Pension relief – the amount that can be paid into a pension fund in any single year tax free – is currently £40,000, but from April 2016...