Displaying items by tag: Phoenix

Pension provider Phoenix has confirmed that it is planning to launch a retirement advice service through its Standard Life brand, although it is yet to reveal when the new advice service will be launched to consumers.

Six in ten millennials (59%) reckon their current life stage means they struggle to save for retirement, with only one in five (20%) saying paying into their pension is a priority.

A quarter of young people aged 18-24 years has not heard of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.

There needs to be fundamental reform to the State Pension to prevent later life poverty from worsening as the pension age rises, a new report warns today.

Standard Life Aberdeen has confirmed that it is to sell the Standard Life brand to the Phoenix Group.