The break-even point for retirees to get their money back from an annuity investment has fallen by five years as rates rise, according to Canada Life.

A new study suggests that retirees may have a life expectancy six to seven months lower than before the Coronavirus pandemic.

As a professional, you will undoubtedly be aware of the effective 60% tax rate on income between £100,000 and £125,140 due to the loss of the personal allowance. For parents of 3 and 4-year-olds the real rate can be much higher.

Pension consultancy and SIPP business XPS Pensions Group has reported pre-tax profits up 13% for the past year.

Aviva has called on the government to provide more support for younger pension savers after its research revealed that many were in the dark about how much they needed to save.