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Pensions could become more like a bank account into which different employers have to pay, under a shake-up expected in the Autumn Statement.

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.

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.

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.

New research suggests that 43% of advised clients expect to work past standard retirement age and 29% are actively considering retiring overseas.

The FCA has secured a Restraint Order under the Proceeds of Crime Act 2002 against collapsed Newcastle-based wealth manager WealthTek, a parent company to a SSAS and SIPP investments provider. 

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