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Retirement

UK adults in their 30s half as wealthy as those in their 40s

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.

L&G reports record growth in UK and US pensions business

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.

Two-thirds taking cash from pensions did not seek advice

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.

Limited guaranteed income options a blow to pension freedoms

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.

Macro must play greater role in pensions debate – Bailey

Retirement | 16 Sep 16

Macro must play greater role in pensions debate – Bailey

The macroeconomic aspect of the pensions debate requires more attention said Andrew Bailey, chief executive of the Financial Conduct Authority.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.