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Single pensioners need £225K more for ‘moderate’ retirement
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Single pensioners need £225,000 more in their pension pot than couples to achieve a ‘moderate’ standard of living in retirement.
Read more: Single pensioners need £225K more for ‘moderate’ retirement
Industry urged to probe pensioner spending habits
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Pension providers have been urged to find out more about post-retirement spending as new research suggests homeowners’ and renters’ drawdown habits are very different.
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FCA delays SDR for portfolio managers
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The Financial Conduct Authority (FCA) has delayed its plans to apply sustainability disclosure requirements (SDR) to portfolio managers.
FCA reassures Hartley clients after ‘concerning’ letter
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The Financial Conduct Authority has reassured Hartley Pensions clients following a letter sent by the joint administrators over the unauthorised movement of monies from their SIPPs by Hartley.
Read more: FCA reassures Hartley clients after ‘concerning’ letter
Annuity misconceptions remain despite rise in sales
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Almost half, 48%, of over-50s are unfamiliar with what lifetime annuities are and how they compare to other annuity products.
Read more: Annuity misconceptions remain despite rise in sales