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High earners face retirement shock
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The UK’s high earners are facing a retirement shock as less than a third are on track for a financially comfortable time when they retire, according to new research.
DB pension transfer volumes hit 5 year low
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The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
8% rise in advised customers at AJ Bell
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Total advised customers at platform and SIPP provider AJ Bell rose 8% year-on-year in the quarter ending 31 December, according to a trading update today.
BSPS-linked adviser firm in default says FSCS
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The Financial Services Compensation Scheme (FSCS) has declared BSPS-linked South Wales-based Niche Independent Financial Advisers Ltd (FRN: 472635) as failed.
Britons to work longer due to insufficient retirement savings
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Half (49%) of workers in the UK plan to work beyond State Pension age, with the average expected retirement age of 72.
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