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DB pension transfer values fall below £150k
The transfer value a typical DB pension could attract fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
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SSAS and SIPP growth boost XPS results
Pensions and SIPP firm XPS Group has reported a 23% growth in revenues to £94.5m for the latest half year.
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Pension 'pot for life' predicted for Autumn Statement
Pensions could become more like a bank account into which different employers have to pay, under a shake-up expected in the Autumn Statement.
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Rapid growth in workplace pensions stalls
After years of sharp growth in participation during the roll-out of auto enrolment, workplace pension growth has stalled, according to new data from the Department for Work and Pensions.
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Annuity rates climb to 7.25% for 65-year-old
Average annuity rates climbed to 7.25% for a 65-year-old in September, up from 7.11% in June, according to the Standard Life Annuity Rate Tracker.
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