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1 in 20 workers quit big company pensions
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One in four large employers (26%) have reported a rise in the number of employees actively opting out of their pension scheme, according to new research.
Just 1 in 3 pension fraud reports probed
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Fewer than one in three pension fraud reports (29%) submitted to Action Fraud are referred for police investigation, according to a new report.
10% of over-60s planning to push back retirement
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Nearly one in 10 (9%) over-60s say they are planning to delay their retirement indefinitely due to the cost of living crisis, according to a new study.
Advised clients better prepared for later life
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Non-advised adults are nearly twice as concerned about having enough money to live on in later life (42%) than their peers who have taken financial advice (23%), according to new research.
XPS Pensions promotes 11 new partners
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XPS Pensions has promoted 11 new partners and more than 150 people across its actuarial, pensions, investment, administration, SIPP and analytics businesses.