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Annuity rates climb 54% in 2 years
In the last two years annuity rates have risen by more than half, according to Canada Life, giving a 65-year-old with a £100,000 annuity an extra £2,500 a year.
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A quarter of 18-24 year olds hasn't heard of auto-enrolment
A quarter of young people aged 18-24 years has not heard of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.
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FCA paves way for 'simplified advice' for millions
The FCA is planning to open the door to millions of consumers receiving ‘financial guidance’ on their personal finances which stops short of regulated financial advice.
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Nearly a third of over-55s have deferred retirement
Nearly a third (32%) of over-55s have deferred their retirement plans since the Coronavirus pandemic began in early 2020.
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