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The Department for Work and Pensions (DWP) says more than 500,000 people are expected to saving in a workplace pension through auto-enrolment for the first time by Christmas.
The amount of money being saved into defined contribution (DC) pension schemes has increased, according to the Office for National Statistics.
Preston-based financial advisory group Taylor Patterson has announced the promotion of four associate directors to director status.
The average 50-year-old believes they need another £50,000 in savings and investments including pension and property equity in order to feel financially secure, new research* from MetLife shows.
The Skandia businesses within the Old Mutual group will be merged into a single business called Old Mutual Wealth.