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Pre-tax profit up 13% at XPS Pensions Group
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Pension consultancy and SIPP business XPS Pensions Group has reported pre-tax profits up 13% for the past year.
Younger pension savers are unrealistic - Aviva
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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.
Annuity rates up 20% in a year
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Annuity rates have climbed again meaning a 65-year-old with a £100,000 pension pot should be able to buy an annuity income of up to £7,144 per year, up from £7,027 two weeks ago and an increase of 20% on the same period last year.
State pension needs reform - Phoenix
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There needs to be fundamental reform to the State Pension to prevent later life poverty from worsening as the pension age rises, a new report warns today.
German 'edtech' firm buys professional body LIBF
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Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum.