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Standard Life growth boosted by annuities
Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.
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Pension savers favour UK investments
The majority, 53%, of UK savers would prefer their pension money invested in the UK, according to new consumer research from the Pensions and Lifetime Savings Association.
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More pensioners dragged into income tax - HMRC stats
There were 7.13m taxpayers of pension age for the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.
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Annuity rates rise 8% in 12 months
Annuity rates have increased by 8% for a healthy 65-year old over the last 12 months, according to new data.
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IHT on pensions opposed by industry professionals
There’s overwhelming opposition to the proposed introduction of IHT on unused pensions, according to a new survey conducted by SSAS provider WBR Group.
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