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£41m takeover bid for STM delayed
Negotiations over a £41m offer for SIPP and pensions provider STM Group have been extended for a second time.
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Canada Life reports doubled annuity sales
Canada Life has reported doubled annuity sales compared to last year, according to its UK half year financial results.
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Just two-fifths of retirement income provided by pensions
Less than two-fifths (36%) of the average retirement income before tax is made up by pensions, according to a new report.
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MAPS to launch retirement guidance hub
Government-funded body the Money and Pensions Service (MAPS) is to combine its pensions services under a new Retirement Planning Hub.
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Single pensioners need £257k more for retirement
Single pensioners need £257,000 more than couples to achieve a comfortable living standard in retirement, according to analysis by Standard Life, part of the Phoenix Group.
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