Pension provider Phoenix has confirmed that it is planning to launch a retirement advice service through its Standard Life brand, although it is yet to reveal when the new advice service will be launched to consumers.

Defined benefit pension transfer values have fallen to the lowest observed rate since the XPS Group’s Transfer Activity Index was established in 2018.

A coalition of consumer groups has sent an open letter to MPs and the FCA urging the regulator to abandon its plans to delete most emails automatically after a year.

Two in five over-50s (44%) have had to cut back on luxuries such as eating out and takeaways due to the rising cost of living, according to a new report.

As retirement ages get pushed back, new research suggests UK workers are far from confident that they will be able to do their job by the age of 70.

The number of people aged 100 or over has doubled in the last 20 years while the number of 90-year-olds is steadily climbing, according to newly-published official government figures.