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DB transfer values fall by 8% in Q2 - XPS
DB transfer values fell 8% in the second quarter, according to the latest data from XPS Pensions Group.
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Fintel acquires Competent Adviser
Fintech and support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired digital knowledge and competence management system Competent Adviser.
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Retirement costs soar by a fifth
The cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown.
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Less than 40% on track for 'moderate income' retirement
Only 39% of pension savers are on track for a moderate retirement income of £23,300 a year.
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Over 50s unimpressed by rising annuity rates
Despite the significant improvement in annuity rates over the past 18 months, only 14% of 50+ year olds who are at least fairly familiar with annuities consider them to currently offer a good rate.
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