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Tenth of UK savers hold 64% of pension wealth
Just a tenth of the population holds 64% of total pension wealth in the UK, according to the latest figures from the Office for National Statistics.
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AJ Bell founder Andy Bell steps down as new CEO appointed
SIPP provider and investment platform AJ Bell has appointed deputy CEO Michael Summersgill to succeed founder Andy Bell as CEO from 1 October, subject to regulatory approval.
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1 in 10 Planners see clients postpone retirement
Over one in ten (12%) of financial Planners have seen clients postpone retirement due to the cost of living crisis.
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Annuity rates reach highest level in 8 years
Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.
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DWP calls for thoughts on decumulation
The Department for Work and Pensions (DWP) has called for views on decumulation and helping savers understand their pension choices.
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