UK

XPS Group’s Transfer Activity Index has hit a record low for the second time this year. It fell to its lowest level over August 2024, matching 2018 levels, with an annualised rate...

Six in ten millennials or 59 per cent in the UK struggle to save for retirement, the highest among all generations, according to Phoenix Group. This compares to 48 per cent for...

Royal London is the latest insurer to enter the bulk purchase annuity (BPA) market, and will be the only mutual operating in this sector. The company will focus on working with trustees...

HS Trustees has appointed Bobby Riddaway to be its new managing director Riddaway joined HS Trustees at the start of July this year. He was previously a trustee at Capital Cranfield,  and...

Vitality has introduced a new ‘health profile’ on its products, to help members better understand their current health and the steps they can take to improve it.  This new digital profile replaces...

Four out of 10 people buying annuities did so from their existing pension providers — suggesting many are failing to secure the highest potential income.  Data from the FCA shows that rise...

Cost of living pressures and a rising state pension age have resulted in a higher proportion of older workers in employment, according to new government figures. An analysis of economic activity among...

Cost of living pressures have led to a significantly higher number of people accessing their pension funds, according to the latest data from the Financial Conduct Authority.  The FCA figures show that...

The Government needs move forward with pension reforms in order to address "concerning trends", particularly in regards to retirement adequacy, according to the Pensions Policy Institute. Its comments comes as the PPI...

Invesco has partnered with Just Group for the launch of a proposition that enable advisers to blend model portfolios and secure lifetime income. The new Retirement Solution allows advisers to tailor secure...