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The Scottish Widows Platform, the new name for The Embark Platform, has been launched this week.

Most over-55s expect to have spent - or expect to spend - a third of their pensions tax-free lump sum within the first six months of taking it, according to a new study.

Fintech and support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired digital knowledge and competence management system Competent Adviser.

DB transfer values fell 8% in the second quarter, according to the latest data from XPS Pensions Group.

Only 39% of pension savers are on track for a moderate retirement income of £23,300 a year.

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