Money & Wealth – In the News
Home >
All >
Money & Wealth – In the News
Pausing pensions could be costly
Analysis1 has revealed that reducing or stopping pension contributions, even for a relatively short period of time such as a year, can have a significant impact on your final pension pot, with savers potentially being thousands of pounds less well off in retirement. Almost all (93%) of those surveyed said they are feeling the impact of increasing costs and inflation. Whilst 77% expect to have to make cutbacks on spending or saving, an encouragingly low figure of 6% said they would reduce their pension contributions.
Healthy dividends
UK listed companies paid out £37bn in shareholder dividends between April and June, up 38.6% from the same period last year, making Q2 the second largest UK dividend payout on record2.
Large one-off special payments were a key driver, but underlying dividends, which exclude these volatile specials, jumped by 27% to £32bn, boosted by weaker sterling.
1 Standard Life
2LINK Group, 2022
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor. No part of this document may be reproduced in any manner without prior permission.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency.
Information is based on our understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.
Tax treatment is based on individual circumstances and may be subject to change in the future.
Other Insights of interest
9th July, 2025
Why life insurance matters
Taking out life insurance is a crucial step in protecting what matters most — your…
Read full insight
9th July, 2025
Economic Review June 2025
Survey points to modest second-quarter growth Data released last month by the Office for National…
Read full insight
3rd July, 2025
HNWIs face gaps in retirement and succession planning
Many high-net-worth individuals (HNWIs) have yet to establish retirement or succession plans, even though they…
Read full insight
25th June, 2025
Residential Property Review – June 2025
May sales hit post-2022 high as housing market regains momentum Rightmove says May 2025 was…
Read full insight