Retirement
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Nearly two-thirds of workers retire before reaching State Pension Age
• Nearly two-thirds (62%) of retirees left the workforce before State Pension Age • Over a third (34%) of those dipped into…
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MPs press DWP over potentially underpaid state pensions to people who have divorced
The all-party Work and Pensions Committee of the House of Commons has just published a letter to the DWP raising concerns about…
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7 years is the ‘magic number’, say Brooks Macdonald and The Verve Group in new research on the decumulation market
Wealth manager, Brooks Macdonald, together with The Verve Group, a leading service and technology provider for financial advice firms, has today published…
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Mortality models ‘creaking’ under the strain of disruption in the wake of the pandemic – LCP
LCP’s latest report illustrates significant disruption to mortality trends in the wake of the pandemic and the ongoing pressures on the healthcare…
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Aegon : Latest Retirement Income Data shows criticality of Advice Guidance Boundary Review to ‘at retirement’ clients
Steven Cameron, Pensions Director at Aegon comments following the latest FCA Retirement Income Market Data. He said: “The latest FCA Retirement Income…
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Deeply disappointing delays to auto-enrolment reform
Kate Smith, Head of Pensions at Aegon, has expressed her deep disappointment in the delay in the implementation of the 2017 reforms…
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“Magnetic Pensions” – a better solution to small pension pots – LCP
Automatic enrolment into workplace pensions, introduced in 2012, has been a big success, bringing more than 10 million people into pension saving…
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FCA retirement income data reveals declining use of advice and guidance when accessing pensions
An increasing proportion of pensions are being accessed without professional advice or guidance, raising concerns about the level of support being given…
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Survey shows schemes have a ‘long journey to go’ on dashboard preparedness
A survey of an audience of pension scheme trustees, lawyers and pension managers reveals that a huge amount of work will be…
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Almost £2billion lost in retirement savings since 2019, with men most likely to claim, new data from FSCS shows
In analysis released today by FSCS, more than 43,000 claims have been received by the Financial Services Compensation Scheme (FSCS) since 2019…
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