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Demand for annuities at record high
There was a record high in demand for annuities among advisers in the first half of the year, according to figures published today by pensions technology provider iPipeline.
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Half of workers planning phased retirement
Nearly half (49%) of workers aged 50 or older want to phase into retirement (32%) or have already done so (17%), according to a new survey.
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Platform losses not an excuse to keep cash interest - FCA
Some investment and SIPP providers have been retaining interest earned on cash-holdings to subsidise loss-making platforms, according to an FCA study published today.
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Tax bills jump by £8.9bn year on year
Latest figures from HMRC reveal that the total government tax 'take' jumped £8.9bn year on year in the latest five month period.
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Brooks Macdonald snaps up £1.19bn AUM Planner firm
Financial Planner and SIPP adviser Brooks Macdonald has acquired Norwich-based Lucas Fettes Financial Planning for an undisclosed amount.
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