4+ day, 1+ hour ago   (394+ words) Two in five women (35%) with investible assets of over £250,000 are concerned they will miss out on the retirement they want and expect, compared with 20% of men, according to a new report. More than a third of women (35%) surveyed by wealth…...

6+ day, 5+ hour ago   (306+ words) Plymouth-based, M&G-owned national IFA Continuum has recruited specialist investments and pensions financial adviser Alex Gray from True Potential, where he was a self-employed financial adviser. He will be based at Continuum’s Wadebridge office in North Cornwall. The firm opened…...

1+ week, 3+ day ago   (220+ words) Standard Life has appointed Emma Furlonger as managing director of its workplace and retail intermediary business. She has led the business on an interim basis since April when former managing director Gail Izat was appointed as chief operating officer of…...

1+ week, 4+ day ago   (475+ words) Multi-decade high gilt yields, boosted by the ongoing US-Iran conflict and fears over inflation, have boosted annuity rates to 28-year highs. For UK gilts, the 10-year yield rose above 5.26% to its highest levels since June 2008 this week, while the 30-year…...

1+ week, 5+ day ago   (253+ words) Over 83,800 people over the age of 75 made lump sum withdrawals from private pensions in 2024, a 27% rise from 65,900 the previous year. The value withdrawn also rose by over a third (35%) to £1.4bn, according to the analysis of HMRC data by Lubbock Fine…...

2+ week, 5+ day ago   (330+ words) Nine in 10 (92%) pension savers would retire earlier than they planned if they were able to save enough to quit work and live comfortably, according to new research. The research found a significant gap between retirement aspirations and reality among workers....

3+ week, 3+ day ago   (538+ words) Not for the first time, we’ve run a story about the dismal state of many adults' personal finances and lack of saving - but the question is what to do about it and why does it happen? According to a new…...

3+ week, 3+ day ago   (232+ words) Seven in 10 (70%) of the 3.42m people who have taken taxable payments from their pension pots since the inception of ‘pension freedoms’ in 2015 were under the age of 65. Analysis of HMRC data showed 2.4m people first took a taxable flexible pension payment when…...

3+ week, 3+ day ago   (211+ words) Standard Life has partnered with CVC, Prudential Financial, Goldman Sachs and MS&AD to expand its pension risk transfer business. The partnership has a combined initial capital commitment of up to £2bn. It will enable Standard Life to offer trustees and…...

3+ week, 4+ day ago   (348+ words) UK businesses will pay 78% (£2.9bn) of the £3.7bn extra tax the Government expects to raise yearly with its salary sacrifice pension changes from April 2029, according to analysis from Financial Planning firm Bowmore Wealth. Former Chancellor Rachel Reeves, now replaced by John Healey,…...