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Non-retired UK investors are saving a higher portion of their income for retirement than those in Europe, according to the annual Schroders Global Investors study.

Most people underestimate how much they need to save for retirement, according to a new study by Seven Investment Management (7IM).

Blick Rothenberg, the accounting tax and advisory firm with a growing Financial Planning arm, has made its first acquisition.

Patrick Mill, chief executive of platform and Sipp provider Alliance Trust Savings, has stepped down from the after role five and half years at the helm. 

The FCA has begun civil proceedings in relation to “alleged misleading statements” on pension investments by a lead generation firm called Avacade Investment Options.

Research by a financial provider has found that eight out of ten over-50s (78%) “significantly underestimate” how long they are likely to live - a gap that means many could run out of pension cash, it says.

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