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Pension 'pot for life' predicted for Autumn Statement
Pensions could become more like a bank account into which different employers have to pay, under a shake-up expected in the Autumn Statement.
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Annuity rates climb to 7.25% for 65-year-old
Average annuity rates climbed to 7.25% for a 65-year-old in September, up from 7.11% in June, according to the Standard Life Annuity Rate Tracker.
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Families failing to discuss inheritance plans
Two out of five married couples are keeping their families in the dark when it comes to their plans for passing on wealth, new research suggests.
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XPS completes £42.5m Master Trust sale to SEI
XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.
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4 in 10 clients expect to work past retirement age
New research suggests that 43% of advised clients expect to work past standard retirement age and 29% are actively considering retiring overseas.
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