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Standard Life growth boosted by annuities
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Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.
Pension savers favour UK investments
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The majority, 53%, of UK savers would prefer their pension money invested in the UK, according to new consumer research from the Pensions and Lifetime Savings Association.
More pensioners dragged into income tax - HMRC stats
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There were 7.13m taxpayers of pension age for the 2022/23 tax year, a 6% increase year on year, according to the latest data from HMRC.
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Annuity rates rise 8% in 12 months
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Annuity rates have increased by 8% for a healthy 65-year old over the last 12 months, according to new data.
IHT on pensions opposed by industry professionals
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There’s overwhelming opposition to the proposed introduction of IHT on unused pensions, according to a new survey conducted by SSAS provider WBR Group.
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