What Is a Pension? Types of Plans and Taxation
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If you're living on a pension, you know this truth: what used to last a month now barely covers three weeks. Rising costs are squeezing retirees across the UK. But beyond the day-to-day struggle, there's a bigger worry many face in silence: "What happens to my partner if I'm gone? Who pays for my funeral?" Funeral costs now average £5,212¹ — money most pension budgets simply can't stretch to cover. That's why UK retirees aged 50-85 are securing guaranteed life cover to protect their partners fro
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