Retirement
Retirement | 30 Sep 16
What do retired people need in an income product?
Most people have already accepted that a guaranteed income product for life does not exist, says Tom Hodgson, BlackRock’s strategic partnership director.
Retirement | 30 Sep 16
UK adults in their 30s half as wealthy as those in their 40s
UK adults born in the 1980s have half the wealth as those born in the 1970s had at around the same age, according to a new study.
Retirement | 27 Sep 16
L&G reports record growth in UK and US pensions business
UK insurer Legal & General (L&G) said its retirement unit is on track to double its new business sales in 2016, reporting sales of £5.4bn (€6.2bn, $6.9bn) on Tuesday.
Best Practice | 23 Sep 16
Two-thirds taking cash from pensions did not seek advice
Two-thirds of recent UK retirees who took cash from their pension pots during their first year of retirement did so without seeking any professional advice.
Retirement | 20 Sep 16
Limited guaranteed income options a blow to pension freedoms
Annuity rate cuts and all-time low interest rates are risking the success of pension freedoms by limiting the choice of guaranteed retirement income solutions and pushing savers into unprotected drawdown, according to MetLife.