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Millennials cut back on pension payments
Two in five (40%) of people aged 18 to 34 have stopped (12%) or reduced (28%) pension contributions as a result of the Coronavirus pandemic, according to a new report.
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Oldest kickstarted into retirement by pandemic
Today’s Office of National Statistics figures on the UK labour market showed it is the youngest and the oldest in the workforce who are most likely to have been made redundant as a result of the Coronavirus pandemic.
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Royal London reports H1 loss
Provider Royal London has reported a loss before tax of £181m as new business sales in the life and pensions arm decreased in the first half of 2020.
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SIPP introducers to pay over £10.7m compensation
The High Court has ordered illegal pension introducers Avacade, Alexandra Associates and their directors to pay compensation to consumers.
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