Canada Life

Wednesday, 30 October 2019 11:10

Pension freedoms withdrawals pass £30bn

New figures published today by HMRC show that a total of £30bn has been withdrawn ‘flexibly’ from pensions, taking advantage of the new ‘pension freedoms’ introduced in 2015.

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Tuesday, 05 March 2019 12:46

3 in 5 pensions 'expressions of wish' may be out of date

Three in five 16-54 year olds (61%) have admitted that their nominated beneficiary or expression of wish form connected to their pension is out of date or they do not know the true position, according to new research.

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Monday, 21 January 2019 10:35

Drawdown investors market plunge fears and strategy revealed

Major stock market moves on one day could prompt nearly 60% of income drawdown investors to revamp their portfolios, with 21% moving their money into cash, according to a new study.

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Monday, 07 January 2019 11:56

Public ‘expects State Pension age to rise to 70’

The UK public expects the age at which they are entitled to receive the State Pension to increase to 70, a new survey has found.

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Friday, 02 November 2018 11:20

Pension withdrawals soar as savers dip in to pots

HMRC figures suggest pension withdrawals are growing rapidly

Pension withdrawals continued to soar in the third quarter of 2018 leading to suggestions that some pensions savers are treating their pensions like bank accounts, dipping in to withdraw cash when they need it.

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Wednesday, 03 January 2018 13:21

Canada Life completes Retirement Advantage takeover

The Canada Life Group has completed its acquisition of rival provider Retirement Advantage, a provider of annuities, equity release and other retirement products.

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Monday, 13 April 2015 10:45