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Failure to shop around to cost retirees £104m of income

People who have not shopped around for their annuity will collectively miss out on £104m of income over the course of retirement, new analysis has suggested.
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Retirees smashing open pension piggy bank for grandkids

Around 2.4 million grandparents are breaking open their pension piggy banks to help their grandkids, a study has indicated.
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25-34 year-olds underestimate retirement needs by £400k

About 14 million people aged 25-34 could be underestimating the pot they need at retirement by nearly £400,000, new research has suggested.
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SSAS sales grow every quarter thanks to 'pension renaissance'

SSAS sales at Xafinity have risen every quarter this year, the firm reported, with about a typical year’s worth coming in just six months.
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24% of over-55s in dash for pension cash while working

Nearly one in four over-55s plans to take cash out of their pension funds while still working.
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  1. New pensions exam unit launched by professional body
  2. Over 55s’ property wealth to double to £2.5 trillion by 2035
  3. Sipp specialist Talbot & Muir joins Origo service
  4. Equitable Life payouts near £1.08 billion

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