Displaying items by tag: Royal London
4 providers dominate personal pension recommendations
Four providers accounted for over two thirds of all personal pension recommendations from financial advisers using Defaqto’s Engage software in 2024.
Savers face £12,000 annual retirement income shortfall
The average worker is on course to miss their target annual retirement income by £12,000, according to new research.
Younger workers saving ‘aggressively’ for retirement
Younger workers are much more money-minded than people might expect and are saving aggressively to achieve an ambitious retirement, according to a new report.
Royal London enters bulk purchase annuity market
Mutual pensions firm and life insurer Royal London has today confirmed its entry into the bulk purchase annuity (BPA) market.
2 in 3 advisers concerned about pot for life proposals
Nearly two thirds (63%) of advisers are concerned about the impact of the Government’s proposed lifetime pension provider model, according to a new report.
Politicians must end Triple Lock uncertainty - call
There has been a clamour of calls from the financial services sector this week for politicians to end the continuing uncertainty over the future of the state pension Triple Lock.
Nearly 4 in 10 under-35s expect to retire by 60
A new survey has revealed that many under-35s have an unrealistic expectation of when they will be able to afford to retire, with many expecting to quit work by 60.
1 in 4 advised clients funding adult children
A quarter (25%) of financial advisers are working with clients to release funds to help adult children, according to a new report.
3 in 5 over-55s considering 'working' in retirement
Almost a third of people aged over 55 are changing their retirement plans due to the current cost of living crisis, according to new research.
@SIPP wins tender to run Royal London SIPP book
SIPP provider @SIPP has won a tender to provide administration services for Royal London’s SIPP book.