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From 6 April, the state pension will increase by 4.1%, as calculated by the ‘triple lock’, and so above the latest inflation figure of 2.8%.

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There will be a “Spring Statement silence” on pensions, when the Chancellor makes her latest update on the UK’s finances on 26 March, according to pension provider Aegon.

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Monday, 14 October 2024 12:40

Retirees want targeted support

Two-thirds (64%) of individuals aged 50-59 would be interested in receiving targeted support suggestions from regulated firms, new research suggests.

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Monday, 01 July 2024 13:37

Aegon launches client reporting tool

Pension and investments provider Aegon has launched a client reporting tool for Financial Planners and advisers to use across the firm’s Retirement Choice and One Retirement platforms.

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Pension provider Aegon has urged the Government to consider a more flexible State Pension age and allowing early pension access to some people amid fears of further “significant” increases in the State Pension age up to 74 and the risk it could cause harm to many.

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Friday, 05 January 2024 09:48

NI cut could hit state pension funding

Chancellor Jeremy Hunt’s National Insurance (NI) cuts, which come into effect on Saturday, could hit the future funding of the state pension and current triple lock.

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A new consumer finance survey carried out this month suggests that 32% of people have cut back on saving due to the cost of living crisis.

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Four in ten (43%) financial advisers consider sustainable investments when building retirement portfolios, according to new research.

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The Money Purchase Annual Allowance (MPAA) poses hidden risk to over 55s who have accessed their pension early due to the Coronavirus pandemic, according to a new report.

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The Financial Conduct Authority’s (FCA) pension guidance consultation is too skewed to promotion Pension Wise and risks detracting from Financial Planners who may better serve customers, according to pension and investment providers.

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