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30% rise likely in families with 2 retired generations
More than one million families are expected to contain more than one retired generation by 2034 – a 32% increase on the 813,000 multi-retiree families seen currently, according to a new study.
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Punter Southall unveils 'guidance-based' pension app
Pensions firm Punter Southall has launched Pension Potential, an app-based digital retirement planning tool for businesses and employees, as well as pension schemes and their members.
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Adviser hit by 463 claims is declared in default
The Financial Services Compensation scheme has declared City of London-based adviser firm Alexander David Securities Ltd (FRN 469150) in default.
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Pension and decumulation complaints up at FOS
The Financial Ombudsman Service received a total of 95,349 complaints between 1 July and 31 December 2023 compared to 79,921 complaints in the same period in 2022.
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XPS Pensions creates 11 new partners
Pensions consulting and administration business XPS Pensions Group has promoted 147 people including 11 new partners across its actuarial, pensions, investment, covenant, administration and SIPP businesses.
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