Displaying items by tag: Standard Life
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.
Standard Life drops SIPP charges to appeal to advisers
Standard Life has reduced its personal pension charges for its AMPP and SIPP products as part of a series of upgrades designed to appeal to financial advisers.
3 in 4 have done no planning for retirement
Three quarters (73%) of UK adults have done little or no planning for their retirement finances, according to a new report.
55 to 64-year-olds face pension shortfall
Those aged 55-64 are at risk of exhausting their retirement savings early and are not adequately planning for their retirement, according to new research.
SLA confirms sale of Standard Life brand
Standard Life Aberdeen has confirmed that it is to sell the Standard Life brand to the Phoenix Group.
More than 32,000 compensated for annuity failings
More than 32,000 pension savers have received £135m in compensation from providers who failed to inform them about enhanced annuity options, the FCA has revealed in its Annual Report and Accounts.