Displaying items by tag: Standard Life
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.
Annuity rates climb to 7.25% for 65-year-old
Average annuity rates climbed to 7.25% for a 65-year-old in September, up from 7.11% in June, according to the Standard Life Annuity Rate Tracker.
Advisers fear pension death tax changes
Only one in 10 financial advisers support the government’s proposed changes to the tax rules surrounding pension death benefits.
Standard Life launches new pension annuity
Standard Life has re-entered the annuity market as annuity rates rise and demand for annuities surges.
Single pensioners need £257k more for retirement
Single pensioners need £257,000 more than couples to achieve a comfortable living standard in retirement, according to analysis by Standard Life, part of the Phoenix Group.
Over-55s plan to spend third of TFC quickly
Most over-55s expect to have spent - or expect to spend - a third of their pensions tax-free lump sum within the first six months of taking it, according to a new study.
Less than 40% on track for 'moderate income' retirement
Only 39% of pension savers are on track for a moderate retirement income of £23,300 a year.
DWP says gender pension gap is 35%
New data published today by the Department for Work & Pensions shows the gender pension gap stood at 35% for the period between 2018-2020.
Advised clients better prepared for later life
Non-advised adults are nearly twice as concerned about having enough money to live on in later life (42%) than their peers who have taken financial advice (23%), according to new research.
Part-time workers face £119,000 less in pension pot
People who switch from full-time to working part-time three days a week face a pension penalty of up to £119,000, according to new research.