One-in-10 Brits have given no thought to planning for retirement
But more than a third of retirees wish they had planned for their later life more thoroughly
Retirement
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Professional body warns industry about ‘cowboy’ Will writers
54% of members have come across firms making false claims to clients
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Standard Life rolls out annuity
It will target customers focusing on ‘certainty and security’
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UAE to launch end-of-service scheme for private sector employees
It will include three main investment options
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Pension transfer activity falls to lowest level in five years
As FCA updates guidance on how to support vulnerable clients when providing pension transfer advice
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Nearly 3 million Brits don’t know if they can retire comfortably
With 79% wanting more support from their employer with retirement planning
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Pension firm calls on DWP to take 3-stage approach to trust-based schemes
In response to the DWP consultation ‘Helping savers understand their pension choices’
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Insurance group sets up end of service gratuity arm in DIFC
Operation will administer workplace savings schemes
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Rishi Sunak commits to retention of state pension triple-lock
As earnings growth exceeded 8% in June
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Later life adviser platform rolls out annuity referral system
It is ‘vital that advisers have a wide range of solutions for their clients’
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State pension triple lock could cost £9bn next year
As well as the state pension bill being £2bn higher than the current DWP forecast next year
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Four-fifths of DB pension trustees expected to approach insurer in next five years
With 36% expected to approach one within the next year